IBM to digitise MineHubs supply chain using blockchain tech

Tuesday 22 January 2019 00:52 CET | News

MineHub Technologies and IBM have teamed to use blockchain tech to improve operational efficiencies, logistics and financing in the company’s supply chain.

Goldcorp, Kutcho Copper Corp., Ocean Partners USA Inc. and Wheaton Precious Metals Corp. are working with mining technology company MineHub to build the new mining supply chain solution on top of the IBM Blockchain Platform.

The MineHub supply chain platform is built on the cloud-based IBM Blockchain Platform, powered by the Linux Foundation’s Hyperledger Fabric. MineHub plans to expand the collaboration to additional members across the mining industry to encourage innovation and new applications using the technology. MineHub and IBM plan to work together to collaborate on new ways to scale and expand the platform, identify new use cases, and incorporate innovative technologies into the platform in the future.

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Keywords: IBM, MineHub, partnership, blockchain, digital transformation, supply chain finance, supply chain management, distributed ledger technology, IBM Blockchain Platform
Countries: World

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