Dorae Inc. launched its pilot operations tracing cobalt via blockchain in the Democratic Republic of Congo (DRC). The company uses distributed ledger technology to create a record of a material’s chain of custody from source to end-user, from mine to mobile device. Dorae’s system is designed to help government and industry combat issues such as child labor, regional conflict and environmental abuse, as well as increasing tax compliance; and recalibrating the economics of supply chains to reward producers observing proper standards.
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