in Cryptocurrency

Mercedes Will Use Blockchain to Track Carbon Emissions in Cobalt Supply Chain

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Major car manufacturer Mercedes Benz and blockchain startup Circulor are jointly rolling out a pilot aimed at the tracing carbon emissions in the cobalt supply chain.

According to a Jan. 30 press release, the project by Mercedes and Circulor comes as part of the Startup Autobahn initiative, aimed at identifying next-generation automobiles. The companies will deploy blockchain to trace the emissions of climate-relevant gases and the amount of recycled materials along the complex supply chains of battery cell manufacturers.

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Source: Cryptocurrency - investing.com

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