Tuesday, September 29, 2020
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Volvo Invests in Blockchain Startup to Trace Cobalt in Its Batteries

On July 8, Volvo Cars Tech Fund announced their investment in blockchain traceability startup, Circulor.Volvo previously used Circulor’s traceability solution to track cobalt in its batteries. Much of cobalt mining happens in Africa under questionable conditions and involves child labor. In the era where more consumers are becoming concerned with

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Volvo Cars to implement blockchain traceability of cobalt used in electric car batteries

Volvo Cars will become the first carmaker to blockchain technology in order to globally trace the cobalt used in its batteries.   advertisement “We have always been committed to an ethical supply chain for our raw materials,” said Martina Buchhauser, head of procurement at Volvo Cars. “With blockchain technology, we can take the

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Ford, IBM, LG Partner to Track Your Smartphone & Car Batteries on a Blockchain

Car charger image from Shutterstock South Korean battery maker LG Chem, tech giant IBM, auto manufacturer Ford Motor and others have partnered in a blockchain project aimed at infusing transparency in the global mineral supply chain, impacting batteries used in smartphones and electric vehiceles. Specifically, the project will track cobalt mined in

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