Worlds Most Expensive Precious Metal Rhodium Surges Amid Emissions Clampdown

The price of rhodium, a precious metal that strips pollutants out of exhaust fumes, is surging as car manufacturers in Asia and Europe scramble to abide by stricter emission regimes. Supplies of rhodium are limited because the metal is mined as a byproduct of platinum, palladium and gold, while demand is rising as regulators restrict…

Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first transaction on the blockchain-based Marco Polo trade finance network. The pilot commercial trade transaction saw the firm – which owns Mercedes-Benz among other brands – process the data required to exchange payments with engineering firm and parts builder Dürr, according to a press release sent to CoinDesk on…