Cobalt Blockchain on Changing the Way the World Sources Conflict Minerals
Publisher: Investor Intel
Author(s): Interviewer: Tracy Weslosky; Interviewee: Lance Hooper
Date: 2018
Topics: Extractive Resources, Governance
Countries: Congo (Republic)
“Today minerals are traced in the Congo. You have got tin, tantalum, tungsten, cobalt, which are considered conflict metals. The early incumbent system is all paper-based log books. We think that blockchain is a significant way to improve mineral provenance and certify where it has come from, how it is produced and essentially it is a distributed ledger and it is really facilitating and automating trust between counterparties in the supply chain. We are the intermediary between artisanal miners and our offtake partner.” states Lance Hooper, President & COO and Director of Cobalt Blockchain Inc. (TSXV: COBC), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.