Western Institute of Mining and Minerals (WIMM)

William Smith Building, Keele University and via Zoom

Tanya Matveeva - KAMNI Chain Ltd
Blockchain in Mining? What is it for? ….. One word – Data !
Mighty rivers of data are flowing from the pit to end customers through the mining supply chain. Reliability, transparency and the timely transfer of this data is a very challenging task. Blockchain Technology offers a unique solution for these challenges. The word “Blockchain” is mostly associated with cryptocurrency. But the backbone of Blockchain Technology allows it to deal with much more than just numbers.

Distributed databases (which is the foundation of blockchain) is the next generation data management technology, allowing all participants of the network simultaneous access to a single source of reliable information. From tracking where diamonds and cobalt come from, to improving efficiency and transparency of bulk iron ore shipments, Blockchain Technology slowly but surely is making its way into the mining industry.

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