Rwanda to Track Tantalum With Blockchain

  • Alex Dovbnya
    📰 News

    Rwanda’s mining boss has hired startup Circulor to develop a Blockchain-based technology for tracking tantalum, a silvery metal widely utilized in electronics industry


Rwanda to Track Tantalum With Blockchain

Reuters reports that Rwanda’s mining boss has hired a UK-based startup Circulor to develop a Blockchain-based technology for tracking tantalum, a shiny silvery metal that is widely utilized in the electronics industry for producing high power resistors. Tantalum is considered to be one of the so-called “conflict minerals” that are mined in war-torn areas.

With its latest move, Rwanda wants to attract more investors. According to Francis Gatare who presides over Rwanda Mines, Petroleum and Gas Board (RMB), it is crucial for them to be acknowledged as a conflict-free source of mining. Meanwhile, the country still hasn’t recovered from a large-scale ethnic cleansing of Tutsis.

As U.Today revealed earlier, Blockchain is also being used to restore the identity of stateless Rohingya refugees.
 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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