Hastings talks blockchain tool

HASTINGS Technology Metals will develop a supply chain platform using digital blockchain technology for its rare mixed rare earth carbonate product that will track the cargo from the Yangibana mine to markets.

Hastings talks blockchain tool Hastings talks blockchain tool Hastings talks blockchain tool Hastings talks blockchain tool Hastings talks blockchain tool
 
The Sydney-based company said the platform would provide confidence to consumers as to the quality and viability of the MREC from the Yangibana mine that meets ethical, environmental and responsible standards of production.
 
Given customers would be able to verify the origin of the material, they could be sure it was not sourced from conflict regions, using child or slave labour, fuelling corrupt governments and human rights abuses.
 
Executive chairman Charles Lew said the decentralised supply chain management system was "a game changer" for supply chain relationships
 
"Using RFID tagging technology and IOT [the Internet of Things] for digital smart contracts, this innovativ...