0.40 (0.22%) Tata Steel has partnered with the World Economic Forum (WEF) to experiment, design and deploy blockchain solutions that will accelerate responsible sourcing and sustainability practices. The new 'Mining and Metals Blockchain Initiative' will explore the building of a blockchain platform to address transparency, the track and tracing of materials and the reporting of carbon emissions or increasing efficiency.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.