Blockchain Used To Reduce Child Labour

Blockchain Used To Reduce Child Labour Blockchain, the same technology that powers the Bitcoin cryptocurrency, is being tested in a pilot project between car-maker BMW and start-up Circulor with a view to eliminating battery minerals produced using child labour.

What Is Blockchain?

Blockchain is an incorruptible peer-to-peer network (a kind of ledger) that allows multiple parties to transfer value in a secure and transparent way. Blockchain’s Co-Founder Nic Carey describes Blockchain as be...