Volvo Adopts Oracle’s Blockchain for Its Supply Chain — Here’s Why

Volvo Adopts Oracle’s Blockchain for Its Supply Chain — Here’s Why

Cointelegraph takes an in-depth look into why Volvo is using blockchain to provide global traceability of cobalt that is used in its electric vehicle batteries. Volvo Cars announced last week that it is using Oracle’s blockchain platform to trace cobalt, one of the main components in electric car batteries. Following the unveiling of the company’s first fully electric car, the XC40 Recharge, Volvo has come up with a new business strategy that includes introducing…

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