MineHub Technologies has launched its blockchain technology platform, which has been designed to tackle inefficiencies in trading operations, as well as environmental and social governance (ESG) compliance, in mining and metals supply chains.
MineHub has been working in collaboration with its consortium members IBM and other industry participants, including ING Group, Wheaton Precious Metals, Ocean Partners, Kutcho Copper, Capstone Mining and White & Case to develop the platform.
The platform is now live and available to industry participants, with initial usage and transactions with consortium members expected to start within the next few weeks.