Local compliance with due diligence standards is achieved through reliable access to dynamic information on the circumstances of mineral production and local trade.
A distributed, open-source platform enables inclusion of a broad range of mining operations, and secures participation of the greatest number of manufacturers.
Full supply chain discovery demonstrates better procurement practices, and reverts the industry-wide incentive to disengage and abandon communities.
Pricing access to local supply chain due diligence information provides an incentive for local workers to operate more transparently.
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.
Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi
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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 could have a transformative impact on the mining and mineral industry, by raising supply chain transparency, but also creating value for its stakeholders, both upstream and downstream.
Complex range of mining contexts (ASM mobility, LSM speculation)
Activity still largely rewarded through opacity / asymmetry of information
Procurement hazard, blending and commoditization
Complex network of globally allocated expertise
Outsourcing and the zero-accountability brand value
Local collection innovation, in compliance with due diligence standards
End-to-end supply chain due diligence and flow of information
Industry participants are incentivized to share relevant information (end-user demand + stake in the network)
Competition among brands to maximize discovery of mines and communities in their supply chain
Call To Action
Some of the World’s most vulnerable communities have been deceived by the broken accountability chain and misguided discrimination
A significant portion of the international trade of medium- to high-value metals originates from artisanal and small scale mining (ASM) sites globally.
There are two stages of knee-jerk, misguided response to upstream challenges exposed by supply chain activists.
Consumer-driven and regulated expectations on mineral supply chain transparency have generated negative economic incentives.
A Better Chain is a supply chain that stimulates continuous procurement from those complex geographies by enforcing upstream supply chain due diligence in accordance with the internationally recognized OECD framework.
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