IBM, Ford Blockchain Pilot Targets Cobalt Supplies From Democratic Republic of Congo

Global technology giant IBM (NYSE:IBM) will use its blockchain platform to monitor and trace supplies of cobalt from the Democratic Republic of Congo, the company confirmed in a press release on Jan. 15.

IBM, which has already used the in-house IBM Blockchain platform built on the Hyperledger Fabric in multiple use case environments, will now target the rapidly expanding supplies of cobalt needed for electric cars and consumer devices.

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