Express

Volkswagen Uses IBM Blockchain To Track Mineral Supply Chain

Liang CHE

Summary: According to coindesk.com, Volkswagen AG said it has joined the open industry consortium including Ford in order to "responsibly" purchase cobalt and other minerals (lithium-ion batteries for electric vehicles). Volkswagen said that at present, mineral miners and consumer brands rely on third-party audits and “labor manual” manual processes to meet widely accepted industry standards for ...

According to coindesk.com, Volkswagen AG said it has joined the open industry consortium including Ford in order to "responsibly" purchase cobalt and other minerals (lithium-ion batteries for electric vehicles). Volkswagen said that at present, mineral miners and consumer brands rely on third-party audits and “labor manual” manual processes to meet widely accepted industry standards for mineral procurement. 

Last Update:

Tags:
Link: Volkswagen Uses IBM Blockchain To Track Mineral Supply Chain   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 20 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 8 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 9 days ago
  • You need to login to comment.