Blockchain network Responsible Sourcing Blockchain
Network (RSBN), has announced that its digital supply chain for cobalt has
moved the pilot phase and is progressing toward use in live production
computing environments starting in spring 2020 – with Swedish automaker Volvo
as its newest recruit.
RSBN, built on the IBM Blockchain Platform and assured
by RCS Global Group, will have continued participation from founding members
including Ford Motor Company, Volkswagen Group, LG Chem and Huayou Cobalt.
Volvo will join the network as its newest member with
further partners from the auto, tech and mining sectors expected to join in
2019. It will be the first company in the consortium to fully apply the RSBN
solution in its LG Chem supply chain beginning in spring 2020.
Ford also noted that as it is preparing to launch its
global all-electric Mustang-inspired SUV in 2020, the RSBN becomes an important
tool to strengthen transparency and visibility into its global mineral supply
Last month, the
company announced it had extended its European plug-in hybrid electric
vehicle (PHEV) trial to the German city of Cologne – including exploring geofencing
and blockchain technology to help track ‘green miles.’ The firm, which has been
testing PHEVs on the streets of London and Valencia, is working in coordination
with five municipal fleets in Cologne, nine Transit Custom Plug-In Hybrid vans,
and one Tourneo Custom Plug-In Hybrid people mover.
In another automotive-based project, Austrian blockchain firm Riddle&Code noted details and context in July of its DLT hardware wallet that is powering a Daimler Financial Services-led consortium to provide an open car wallet solution. Car wallets allow a wide range of use cases from car-sharing to autonomous vehicles.
Interested in hearing more in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.
The post Volvo joins responsible sourcing blockchain network with focus on digital supply chain for cobalt appeared first on The Block.
Credit: Blockchain News