Categories: Ethereum

Volkswagen Partners With Minespider To Put Batteries On Blockchain

Click here to view original web page at

Blockchain startup Minespider and automotive giant Volkswagen have announced a collaborative effort to enhance their battery supply chain with blockchain. According to the announcement, supply chain transparency will be among the top priorities of the partnership alongside sustainability and regulatory compliance.

Volkswagen Group, holding company of several luxury automotive mainstays such as Audi, Bentley, Bugatti, Lamborghini, and Porsche, views Minespider’s open sourced protocol as a potential solution to key automotive industry challenges. Marco Philippi, Head of Strategy for Volkswagen Group Procurement, stated:

“Sustainability in the supply chain is one of our top priorities. We see blockchain technology as part of the solution to ensure compliance with environmental and social standards along the entire supply chain.”

Minespider, a second layer protocol on Ethereum (ETH), was originally founded to address legislative conflicts in the global mineral industry, tackling inefficiencies in the mineral supply chain. However, upon discovering its technology could be applicable across industries, it expanded to bring multiple industries the same solutions.

With blockchain, Minespider can secure private data on its public network, providing digital certificates to verify mining resources, such as mines or recyclers. Those certificates are then encrypted and then made accessible in a public database.

Through a partnership with Volkswagen, similar technological solutions will be applied to the automotive industry, making the product distribution cycle more transparent, accessible, and secure. Ultimately, Minespider hopes its protocols’ usage will expand to any sector where supply chains are necessary.

Minespider Founder Nathan Williams explains: “Ultimately, we would like to see an industry-wide transformation, a public protocol that any responsible supplier can join.”

The partnership, and the technology, is still in the earliest phases of development, and will take time to fully implement. However, considering the scale and reach of Volkswagen Group, it’s feasible that in time, it may be commonplace for consumers to buy vehicles with parts secured by Minespider, or some other decentralized supply chain service.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Watford FC to brand Bitcoin logo on the jersey

The initiative is being carried out as a part of a brand partnership with sports betting site's marketing… Read More

1 hour ago

Latest Bitcoin price and analysis (BTC to USD)

At the time of writing, Bitcoin (BTC) is trading at just above $10,300 after gaining about 1% since last week.BTC… Read More

1 hour ago

Johnstone: How To Defeat The Empire

Authored by Caitlin Johnstone via, One of the biggest and most consistent challenges of my young career so far… Read More

1 hour ago

Today’s Bitcoin Drop Driven by Massive Volume Influx

Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200… Read More

1 hour ago

L.A. to Choose Blockchain Pilot Project at CIS Conference

With a growing interest in blockchain solutions for government, the city of Los Angeles has partnered with organizers of a… Read More

1 hour ago

Bitcoin’s heading to a new all-time high along with the S&P 500, says Fundstrat’s Tom Lee

watch nowTalk about a bitcoin bull case.The digital currency is headed to new record highs, says Tom Lee, co-founder, managing… Read More

1 hour ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More