Article: Tracing mining’s carbon emissions with blockchain

Blockchain, Innovation

Tracing mining’s carbon emissions with blockchainTracing mining’s carbon emissions with blockchain

The initiative has recently hit an important stage of development as it released a proof of concept that blockchain, a type of distributed ledger technology, can track embedded greenhouse gas emissions.

The successful completion of the proof of concept and the evidence from the pilot project, named the Carbon Tracing Platform, will be critical to ensure traceability of emissions from “mine to final product”.

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Article: Blockchain Technology Now Tracking Carbon Emissions for Mining and Metals Companies

Blockchain, Innovation

Blockchain Technology Now Tracking Carbon Emissions for Mining and Metals Companies

The World Economic Forum, known as the WEF, is responsible for a variety of projects created with the goal of enhancing public-private cooperation.

One of these projects is the ‘Mining and Metals Blockchain’ initiative, a new project designed to “more accurately trace emissions across the value chain using distributed ledger technology” according to a WEF news release.

This new platform, known as the Carbon Tracing Platform (COT), is designed to trace carbon emissions from “mine to final product.”

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