Implementing Blockchain Technology
Alquimista’s mission is to secure supply chains of the minerals critical to national security. Our use of blockchain technology allows for full traceability and Chain-of-Custody throughout the supply chain. This allows us to adhere to rigorous environmental and legal standards whilst significantly improving our timeline.
Full traceability, from metal ore to market
Efficiency
Cost reduction due to the paperless nature of a blockchain-enabled CoC system, the potential decrease in audits, and the reduction in transaction costs.
Transparency
Blockchain builds a consensus and trust around responsible & sustainable production standards between downstream and upstream companies.
Security
The immutability of decentralized control over a blockchain system minimizes the risk of fraud.
Real-time Data
Real-time tracking of shipments throughout the supply chain, provenance and production methods.
