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Article

24 Feb 2021

Author:
Mining.com

DRC: Blockchain technology successfully used in exporting minerals for first time could lead to more responsible sourcing

"First minerals exported from DRC with blockchain," 24 February 2021

Minexx has exported minerals with full financial transparency from the Democratic Republic of Congo, by processing $250k of blockchain certified payments – a first for the industry. This is a milestone for the sector as it secures the supply chain from the moment a mineral comes out of the ground to the point at which it enters end products such as smartphones and electric cars. The Minexx blockchain platform has global application and enables trade and compliance. Minexx is partnered with the UK’s Foreign, Commonwealth and Development Office (FCDO) and its Frontier Technologies Livestreaming Program.

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