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- Volkswagen bets on blockchain to electrify its battery supply tracking
Posted by : Brij Bhushan
Tuesday, 23 April 2019
German car manufacturer Volkswagen is launching a blockchain pilot to track its battery supply chain for lead from the point of origin to the factory. To do so, Volkswagen is partnering with Minespider, an open source, public blockchain protocol that claims to offer end-to-end mineral supply chain certification. The project will involve suppliers and sub-suppliers that deliver more than two thirds of the Volkswagen total lead starter battery requirements. During the trial, both parties will work to leverage blockchain’s widely lauded transparency to get a better idea on how components are made, where they come from, how they are managed, and…
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