Blockchain Traceability

Wheaton Precious Metals to apply blockchain for data processing

Wheaton Precious Metals Will Use Blockchain Technology

The major precious metals streaming company, Wheaton Precious Metals will make use of blockchain technology on its platform. The company has recruited a tech firm Blockhead Technologies for this purpose. This company provides blockchain-powered solutions for global mining firms. Blockhead Technologies will use its blockchain-based platform STAMP to enhance the metal accounting processes. The users […]

Japanese Firm Itochu to Develop Blockchain-based Traceability System

Japanese Firm Itochu to Develop Blockchain-based Traceability System

Itochu Corporation, a Japan-based trading company, has started a Proof-of-concept which will focus on developing a blockchain traceability system for enhancing the trading processes. As per reports, the platform will enable buyers and sellers record the transaction details such as date, time, location, etc. on blockchain via a smartphone app. The PoC will use the rubber supply chain of Pt. Aneka Bumi Pratama, an Indonesia-based crumb rubber firm co-owned by Itochu.