Glencore to Trace Cobalt Using Responsible Sourcing Blockchain Consortium

In a press release Thursday, the publicly traded company, one of the world’s largest cobalt producers, announced it would utilize RSBN’s Hyperledger Fabric platform for its cobalt production and become a full consortium member by February 2020. The announcement follows Glencore’s earlier pledge to consider Responsible Sourcing blockchain Consortium in its supply chain. In October…

Marc Faber’s comment on the US economy

The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico,…

Indians remit US$ 25 billion back home

These are official channels. I wonder how much of money was moved using unofficial and illegal methods like hawala. India has displaced China and Mexico to become the top remittance receiving country in the world, according to latest data released by the World Bank. Indians working in foreign countries sent back over $25.7 billion (roughly…