Conflict Minerals: Blockchain Firms See Growing Opportunity in Ethical Materials

Aug 21, 2018 | Jason Deign, Green Tech Media
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Blockchain firms are racing to create ethical sourcing platforms for cobalt amid growing concerns over mining conditions in the lithium-ion battery supply chain. This month, for example, Cobalt Blockchain and DLT Labs finalized a partnership first announced in April to produce ethically sourced cobalt from the Democratic Republic of the Congo (DRC).  Cobalt Blockchain, which holds export licenses for cobalt, copper, tin, tantalum and tungsten from the DRC, said in a press release that its Mintrax platform will provide “secure and transparent methods for tracking the provenance of metals and minerals.”