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Title: [2016-09-25] World's Largest Mining Company to Use Blockchain for Supply Chain Post by: foserfox on September 25, 2016, 07:04:07 PM The world's largest mining firm by market value intends to begin using the ethereum blockchain to improve its supply chain processes.
BHP Billiton revealed at the second annual Global Blockchain Summit that it will use blockchain to record movements of wellbore rock and fluid samples and better secure the real-time data that is generated during delivery. According to BHP geophysicist R Tyler Smith, the new system will enable benefits for its internal efficiency while allowing it to work more effectively with partners. Smith explained that BHP relies on vendors at nearly every stage in the mining process, contracting with geologists and shipping companies to collect samples and conduct analyses that drive business decisions that occur with parties distributed across continents. http://www.coindesk.com/bhp-billiton-blockchain-mining-company-supply-chain/ |