A social venture on a mission to support responsible sourcing of minerals and better forms of engagement with communities in resource-rich countries, whose livelihoods heavily depend on revenues from the mineral trade.
We leverage DLT to enable the discovery of mines of origin by consumer facing brands (electronics, automotive, jewellery). This will enable those brands to mitigate risks associated with mining circumstances (conflict minerals, child labour, modern slavery). We establish a marketplace for positive impact stories on the circumstances of communities at provenance. Our business model consists in subscription channels or transaction-based fees for the curation of objective feedback (through compilation of multiple, independent sources of local insight). The net effect for mining communities and other local stakeholders is a reward for transparent behaviours (an additional source of income through commoditisation of social impact data). We also view this as an opportunity to establish a sustainable funding model for NGOs active in resource-rich countries (cost-sharing from consumer brands).