Open Mineral and ConsenSys Seek to Put the Blockchain in the Mineral Supply Chain

Jul 9, 2018 | Kyt Dotson
View Original

Open Mineral, an online metal and mineral exchange based in Switzerland, announced today the company’s upcoming launch of a distributed ledger blockchain platform to serve a consortium of mining companies and financial institutions. The platform, dubbed Minerac, will be established in partnership with U.S.-based startup ConsenSys Inc., which provides a decentralized information service based on the Ethereum blockchain. Open Mineral will use Minerac to connect the entire mineral supply chain from mining, shipping, surveying, warehousing and financing.