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You are here: Home / Archives for iron ore trade

iron ore trade

BHP Group Completes First Blockchain-based Iron Ore Trade with China’s Baosteel

June 30, 2020 by Arnold Kirimi

According to a report by Reuters on 29 June, the BHP Group completed its first blockchain-based iron ore trade with China Baoshan Iron & Steel Co Ltd in a deal worth around $14 million. The transaction was carried out through a blockchain platform created by a Canadian-based technology company called MineHub. Per the two separate […]

Filed Under: Blockchain Tagged With: Baowu, bhp group, blockchain technology, China, iron ore trade, minehub, supplychain

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