ERG (Eurasian Resources) is to begin using blockchain to track cobalt originating from the Democratic Republic of Congo. Developed on IBM’s Blockchain Platform, the solution will be used at first at the Metalkol RTR operation, providing support for its Clean Cobalt Framework that reprocesses historical cobalt and copper tailings from previous mining work. Demand for such materials is rising because of their deployment in batteries. The blockchain solution is intended to help Eurasian Resources trace cobalt throughout the supply chain right up to production. This recording of information will aid transparency and reduce costs in a usually complex and expensive process.
Eurasian Resources (ERG) is to begin using blockchain to track cobalt originating from the Democratic Republic of Congo. Developed on IBM’s Blockchain Platform, the solution will be used at first at the Metalkol RTR operation, providing support for its Clean Cobalt Framework that reprocesses historical cobalt and copper tailings from previous mining work. Demand for such materials is rising because of their deployment in batteries. The blockchain solution is intended to help ERG trace cobalt throughout the supply chain right up to production. This recording of information will aid transparency and reduce costs in a usually complex and expensive process.