Minehub is a technology company which is looking to transform and create efficiencies in the mining sector by driving the automation of manual processes. The company believes that innovating to create efficiencies in large enterprises, including those in the mining industry, often comes down to better access to accurate, real-time information.
MineHub has established a consortium of leading industry participants—including mining, technology and banking companies—to help build a blockchain platform to manage high-value assets across the supply chain, from the mine to end buyer to the bank. Using IBM Blockchain technology, users can accurately track minerals in real-time, while maintaining control of and securing their own data. Seamlessly data-sharing allows all parties to make much more informed and often faster business decisions—a critical component to driving operational efficiency.