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Rwanda Implements Blockchain Initiative to Track Tantalum

Published 10/17/2018, 11:30 AM
Updated 10/17/2018, 12:41 PM
 Rwanda Implements Blockchain Initiative to Track Tantalum

UK-based startup Circulor is working with Power Resources Group (PRG), which manages mining (not to be confused with cryptocurrency mining) and refining operations in Rwanda and Macedonia, to implement a blockchain-based project in Rwanda, a country in East Africa. The initiative is endorsed by the local government and aims to use the technology to record the origin of metals used in electronics, with a focus on tantalum.

The project was announced by Francis Gatare, CEO of Rwanda's Mining, Petroleum and Gas Board. He said during a meeting of the Rwandan Mining Association:

“Rwanda Mines, Petroleum and Gas Board today has been introduced to a new and innovative mineral traceability solution using blockchain technology. The initiative is already being implemented by at least one exporter from Rwanda.”

Gatare, who is also a Rwandan Government minister,


This article appeared first on Cryptovest

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