Mission

Bridge the supply chain information reporting gap from mining communities to consumers

Stimulate data availability

Compliance with international procurement and due diligence standards is achieved through reliable access to dynamic, independent information on the circumstances of mineral production and local trade.

Enable contribution

A distributed, open-source platform supports the inclusion of a broad range of mining operations, and secures participation of a large number of manufacturers and other supply chain intermediaries.

Demonstrate accountability

Full supply chain discovery demonstrates better procurement practices, and reverts the industry-wide incentive to disengage and abandon vulnerable communities.

Reward operators

End-user demand for relevant supply chain due diligence information becomes an incentive for local communities and companies to operate more transparently.

Build customer trust

Product manufacturers can demonstrate full supply chain due diligence by accessing mine-level data, and associate their brands with better forms of engagement at mineral extraction level.

Filter sustainability claims

Ranking consumer brands based on their efforts to procure information relevant to their supply chain, and financially contribute to the upstream transparency process and positive local impact.

 

Harness innovation to generate tangible value from transparent reporting

Online Communities

Technology adoption has intensified the flow of information available from the remote end of the mineral supply chain. Local whistleblowers now have the potential to contribute directly to their community’s narrative. More diverse sources of local data can warrant a more accurate, objective depiction of local risks and challenges.

 

Supply Chain Due Diligence

Companies that align their strategy to the business and development challenges of communities involved in their supply chain can now mitigate risk and help create value beyond immediate financial returns on investment. The OECD Guidance for Responsible Sourcing of Minerals from Conflict-Affected and High-Risk Areas provides a framework for supply chain due diligence.

Blockchain

In a context where costs associated with responsible procurement expectations are fundamentally passed through to mining companies and communities, the blockchain-based betterchain framework is designed to secure sustainable funding channels for upstream mineral supply chain due diligence.

 

Challenge

How to promote better forms of supply chain engagement and turn transparent reporting into a tangible value driver?

Context

Mining

Complex range of mining contexts (ASM mobility, LSM speculation)

Trading

Activity still largely rewarded through opacity / asymmetry of information

Smelting / Refining

Procurement hazard, blending and commoditization

Manufacturing

Complex network of globally allocated expertise

End-users

Outsourcing and the zero-accountability brand value

Response

Better Data

Local collection innovation, in compliance with due diligence standards

Confidentiality

Encrypted information, permissioned access

Accountability

End-to-end supply chain due diligence and flow of information

Network Effect

Industry participants are incentivized to share relevant information (end-user demand + stake in the network)

Better Footprint

Competition among brands to maximize discovery of mines and communities in their supply chain

Dilemma

Some of the World’s most vulnerable communities have been deceived by the broken accountability chain and undue discrimination

Framework

Coming soon…

Consortium

Building stakeholder consensus ahead of technology deployment

Updates

We are hiring!

We are on the hunt for a smart, ambitious and sustainability-oriented communications lead to develop, deliver and con ...

Launch of the ADD Protocol

May 15, 2018 We have now launched the Autonomous Due Diligence (ADD) Protocol, as part of our public toolkit for mini ...

Blockchain as a Driver for Economic Inclusion

May 10, 2018 Our Project Lead, Benjamin Clair, was at Re:Publica 2018 in Berlin where he participated in a panel disc ...

Better supply chains start with Better Sourcing

Companies that align their strategy to the business and development challenges of communities involved in their suppl ...

Conclusion of the Blockchain for Social Impact Hackathon

BetterChain shared expertise with participants in the hackathon organised by the Blockchain for Social Impact Coaliti ...

Contributing to the Barcelona International Public Policy Hub

Twitter: @bipp_hub Website: http://www.bipphub.org/

Barcelona Tech City

BetterChain has global reach and decentralised objectives, yet Barcelona is where it all starts. For many years a mag ...

Get Involved

Join the movement. Share your interest. Or simply stay updated.