- Mining and metals blockchain platform MineHub Technologies (MHUB) begins trading today on the TSXV
- The company is the first publicly traded pure-play on an end-to-end digital supply chain for the mining and metals industry
- New applications in MineHub’s pipeline include carbon emissions tracking, trade finance and ESG specs certification
- MineHub Technologies operates as a blockchain-based supply chain platform for the mining and metals industry
- MineHub Technologies (MHUB) is unchanged trading at $1.00 per share
Mining and metals blockchain platform MineHub Technologies (MHUB) begins trading today on the TSXV.
MineHub is the first publicly traded pure-play on an end-to-end digital supply chain for the mining and metals industry. The MineHub platform facilitates digital trade in physical commodities through a secured global enterprise blockchain network.
The company collaborated with Wheaton Precious Metals, ING Bank, BHP, Vale, Kimura Capital, China Baowu and IBM to develop the commercial version of its platform, which was launched earlier this year and is onboarding both large corporate and SME users across the globe.
New applications in MineHub’s pipeline include carbon emissions tracking, trade finance, ESG specs certification and product quality reconciliation (concentrate assay exchanges).
According to Economic Forum, digital transformation will generate more than US$320 billion in the mining & metals industry over the next decade, including US$77 billion through an integrated ecosystem exchanging data throughout the world.
Arnoud Star Busmann, CEO at MineHub, stated,
“We are very pleased to have completed our over-subscribed C$10 million financing and listing on the TSXV, especially at a time when industries are really starting to understand the transformational power of shared digital infrastructure and transparency in high value supply chains. Transparent governance is a fundamental requirement for adoption of decentralized platforms like MineHub.”
MineHub Technologies operates as a blockchain-based supply chain platform for the mining and metals industry.
MineHub Technologies (MHUB) is unchanged trading at $1.00 per share as of 9:42 am ET.
