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BMW to Implement Blockchain Tech to Verify Clean Cobalt
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BMW to Implement Blockchain Tech to Verify Clean Cobalt
German automobile company BMW plans to install Blockchain into its business. It is now cooperating with English start-up Circulor, whose CEO informed that the main purpose of this teamwork is to confirm that batteries for electric vehicles, produced by BMW, will contain only clean cobalt.
“We believe it makes economic sense to start with sources that aren’t a problem,” Circulor CEO Douglas Johnson-Poensgen told Reuters in an interview.
“Once the system is proven and operating at scale, one can tackle the harder use cases like artisanal mines.”
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bmw-to-implement-blockchain-tech/
“We believe it makes economic sense to start with sources that aren’t a problem,” Circulor CEO Douglas Johnson-Poensgen told Reuters in an interview.
“Once the system is proven and operating at scale, one can tackle the harder use cases like artisanal mines.”
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bmw-to-implement-blockchain-tech/
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