Conflict Minerals: Volvo to Trace Battery Cobalt Supply Chain Using Blockchain

Nov 6, 2019 | Coinfomania, Ibiam Wayas
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Gothenburg-based car manufacturing company, Volvo, has revealed plans to use blockchain technology in tracking the global supply chain of the Cobalt used in its electric car batteries, according to a Wednesday report.  For the initiative, Volvo Cars reached an agreement with its two Asian battery suppliers – “CATL” and “LG Chem” based in China and South Korea respectively.