What is the responsible sourcing blockchain network
Built on the IBM Blockchain Platform, assured by RCS Global Group and powered by the Linux Foundation’s Hyperledger Fabric, the RSBN blockchain platform is designed for cross-industry adoption.
Providing traceability and verification of responsible sourcing practices from mine to market through end-to-end supply chains, the solution is a network accessible to companies at every tier of the global value chain.
Focus industries include, but are not limited to automotive and electronics, including their supply chains and the mining sector. A governance board representing members across these industries is being formed to help further ensure the platform’s growth, functionality and adherence to good practice principles.
In order to join the RSBN companies complete an on-boarding assessment against the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas as well as additional responsible sourcing good practice standards and compliance verifications. Vertically integrated participants complete an on-boarding assessment both at headquarters and at participating asset levels, verifying the respective member’s responsible sourcing management systems and practices on the ground.