The minerals conflict in the Democratic Republic of Congo is being put to an end by a Berlin-based blockchain company RCS Global with its mine-to-market technology solutions.
Preventing tainted ore from getting mixed with SMB’s products
“In order to assure clients that the minerals they purchase are not part of blood stained supply chain, the government officials in the Societe Miniere de Bisunzu (SMB) in Congo now rely on Blockchain technology,” reports Reuters.
In the beginning of 2019 RCS Global started implementing its blockchain technology solutions to enable SMB mine officials to add digital tags to the bags.
Ferdinand Maubrey, a managing director at RCS said:
“It allows purchasers of SMB material to be sure that it actually comes from that mine site and is not smuggled into the supply chain from other mines, as much as possible.”
These days, mines rely on a paper-based certification system, that is highly prone to corruption. Maubrey said: “the new RCS Global system keeps track of the tainted minerals being mixed with SMB’s clean and traceable minerals, by creating new obstacles,” He added:
“To use stolen tags, for example, a smuggler would also need to steal both the scanner and the laptop linked to it.”
In spite of constant efforts in the right direction, SMB’s chief executive Ben Mwangachuchu drew attention to the fact that digital systems can still be corrupted through government agents who tag bags conspire with smugglers to enter incorrect data from the outset.
“If they collude and say we are going to feed the information we want … for our own benefit, you will never know.”