This is an interesting project to build a blockchain-based system to help companies that use rare earth materials in their products to improve the transparency and sustainability of their supply chains.
The increased reliability and comprehensive nature of the supply chain data, facilitated by the blockchain, should help in the move towards a circular economy and will be particularly useful in the electronic, automotive and energy sectors.
As corporations and governments work toward a sustainable future, climate supply chain traceability software that leverages data and blockchain to measure environmental impact can help increase the secondary resource efficiency and accelerate transition to a circular economy
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