How to track minerals thanks to the blockchain

Volkswagen has announced the use of the IBM blockchain to track minerals used in its manufacturing supply chain. William M. Peaster (Blockonomi) explains that the technology will be able to trace the “cobalt used in lithium-ion batteries”. Volkswagen said that Ford Motor Company would be among the companies joining them in using the IBM Blockchain to source minerals. Of course, that’s not altogether surprising, as distributed ledger technology is commonly cited as being primed to optimize industrial supply chain flows.