Bringing carbon emissions reporting into the new age via blockchain
Cointelegraph
Published Dec 29, 2020 08:47AM ET
Updated Dec 29, 2020 10:20AM ET
Blockchain for supply chain management is one of the most practical business applications for large, multi-party sectors seeking trust and transparency across daily operations. As such, the mining and metals sector has now started to leverage blockchain technology to effectively track carbon emissions across complex, global supply chains.
This month, the World Economic Forum launched a proof-of-concept to trace carbon emissions across the supply chains of seven mining and metals firms. Known as the Mining and Metals Blockchain Initiative, or MMBI, this is a collaboration between the WEF and industry companies including Anglo American (LON:AAL), Antofagasta (LON:ANTO) Minerals, Eurasian Resources Group, Glencore (OTC:GLNCY), Klöckner & Co., Minsur, and Tata Steel.
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Written By: Cointelegraph
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