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04/23/19
Wolfsburg
Volkswagen Group News

From mine to factory: Volkswagen makes supply chain transparent with blockchain

From mine to factory: Volkswagen makes supply chain transparent with blockchain
  • Collaboration between Volkswagen Group and tech company Minespider
  • Blockchain technology makes it possible to trace raw material back to point of origin
  • Pilot project for lead supply chain, use in further raw material supply chains planned
  • Head of Strategy Group Procurement Philippi: “We will use this technology to make our processes more transparent and secure.”

Optimizing supply chains, eliminating sources of error, guaranteeing social and ecological standards – these are the goals of the collaboration between the Volkswagen Group and Minespider. Together with the blockchain specialist, a pilot project is to be set up to achieve transparency in the the global supply chain for lead. Blockchain technology makes it possible to trace the raw material back to the point of origin by means of digital certificates. The Volkswagen Group plans to use this technology for further raw materials and their supply chains.

Your media contacts

Dr. Günther Scherelis
Spokesperson Environment and Sustainability
Tel. +49 (0) 5361 9-87182
Leslie Bothge
Spokesperson Production / Procurement
Tel. +49 (0) 5361 / 9-21549