Metal Tech News - The Elements of Innovation Discovered

By A.J. Roan
For Metal Tech News 

Blockchain provides mining accountability

Decentralized digital ledger offers map from mine to consumer Metal Tech News Weekly Edition – January 22, 2020

 

Last updated 7/1/2022 at 12:10pm

Blockchain technology for secure mining supply chain ledger Bitcoin

Adobe Stock

Blockchain is a virtually unhackable record of digital transactions that provides a secure ledger for tracing metals and other commodities from their source to the consumer.

Whether it is a necklace from Tiffany & Co., an Apple iPhone or a pre-ordered Tesla Cybertruck, many buyers want to know that the metals going into the products they are purchasing are sourced ethically and sustainably.

Metals pass through many hands on their way from mine to consumer, which can make it hard to ensure the source of the minerals. This adds time and cost and origins tend to b...



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