Huayou Cobalt

Volvo Is Using Blockchain to Source Conflict-Free Cobalt for Its Cars

August 12, 2019
Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from Democratic Republic of Congo overseen by responsible-sourcing group RCS Global. Information technology outlet

Ford Motor Company Launches Blockchain Pilot On IBM Platform To Ensure Ethical Sourcing Of Cobalt

January 16, 2019
Understanding the true potential of blockchain technology only becomes clear when it’s applied to solving a real-world, global problem. As drivers switch out their gas-powered cars for electric vehicles, a high demand for cobalt has emerged, a mineral used in lithium-ion batteries to power a wide range of products such as laptops, mobile devices and