Last year’s initial trial saw BMW Group successfully purchase front lights, and the company now wants to expand the project to a broader range of participants. Ten suppliers are going to take part over the coming year, the company said.
From the Congo to the open ocean, blockchain is helping companies ethically source natural resources
IBM Blockchain is being used to ensure the batteries in your car and laptop do not use cobalt mined by children
Auto manufacturer Ford Motor Company and battery maker LG Chem announced on Jan. 16 that they are joining forces with a major Chinese mining firm on a pilot project to use IBM Blockchain technology to trace the origin of the mineral cobalt used in batteries. More than half of the world supply of cobalt is mined in the war torn Democratic Republic of Congo, where illegally mined minerals and diamonds often fund brutal militias, and child labor and hazardous working conditions are common.