RWANDA WILL IMPLEMENT THE BLOCKCHAIN TECHNOLOGY IN THE TANTALIO INDUSTRY

in rwanda •  6 years ago 

Tantalum is a metal found in the mineral of tantalite. Its most important applications are: the manufacture of surgical instruments, dental implants and electronic components, mainly electrolytic capacitors.



SOURCE

This metal has a very important value since it is used in many industries such as the manufacture of mobile phones, computers, televisions, small appliances, automotive, artificial satellites, etc. It is necessary in any product that includes an electronic design, nowadays in most industries.

The implementation of the blockchain technology in the tantalum extraction industry is necessary for the traceability of the metal, since it is very important nowadays to certify that the extraction of the raw materials has been carried out in an ethical way.



SOURCE

That is why the government of Rwanda through the Board of Mining, Oil and Gas has decided to take a technological step and partners with the company Circulor that is going to implement the blockchain technology for monitoring the extraction and marketing of tantalum. Circulor's blockchain will be built on Hyperledger Fabric, an open source digital accounting software focused on the company and hosted by the Linux Foundation.

Source of information:
cointelegraph.com

Separador 13.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Vicente Calduch from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.