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The integration of AI and blockchain is revolutionizing the mining sector, particularly in supply chain management. Blockchain technology enhances transparency and traceability, allowing mining companies to track resources from extraction to end use. This capability is crucial for ensuring compliance and trust, especially when sourcing materials from unregulated areas.
AI complements blockchain by providing predictive analytics and anomaly detection, enabling mining operations to adapt to real-time disruptions and ESG risks. The collaboration between these technologies fosters a more resilient and intelligent supply chain ecosystem. As the industry evolves, the focus on digital product passports and regulatory compliance will further solidify the role of AI and blockchain in sustainable mining practices.
• AI enhances blockchain's capabilities in mining supply chain management.
• Digital product passports are becoming essential for regulatory compliance in mining.
Predictive analytics helps mining companies anticipate disruptions and adapt their supply chains.
Anomaly detection identifies irregular patterns in data, enhancing operational efficiency in mining.
Digital product passports provide detailed information about a product's lifecycle and compliance.
IBM is leveraging blockchain technology to improve supply chain transparency in mining.
Everledger provides blockchain solutions that enhance transparency and trust in the diamond supply chain.
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