India, Jan. 16 -- IBM said it joined with Ford Motor Co., Huayou Cobalt, LG Chem and RCS Global to launch a blockchain pilot program to trace and validate ethically sourced minerals. Separately, IBM has collaborated with mining technology company MineHub Technologies, Inc. for a blockchain technology-based solution to use in the global mining and metals supply chain.
Regarding the blockchain pilot program, IBM said the companies expect to create an open, industrywide platform to demonstrate how minerals and other materials for the automotive and consumer electronics industry are responsibly produced, traded and processed.
The blockchain pilot, which is already underway, is expected to be completed mid-year 2019. The move would support hum...