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Minespider: Building Responsible Battery Supply Chains with Blockchain
This case addresses managing critical mineral supply chains by focusing on cobalt used in lithium-ion (Li-ion) batteries and the impact of mining operations in Central Africa, particularly in the Democratic Republic of the Congo (DRC). Minespider, a Berlin-based start-up, tackled these issues with a blockchain platform. Following blockchain’s evolution since Bitcoin in 2009 and Ethereum in 2015, Minespider developed the digital battery passport (DBP). Minespider’s broad industry application highlighted its potential for tracking materials, ethical sourcing, and supply chain transparency. In 2017, Minespider focused on understanding the market, identifying ideal customers for their unique blockchain solution and partnerships, optimizing supply chain management, and showcasing blockchain’s value in this sector in order to make the most impact.