Blockchain application in mining management

Teodora Hristova, V. Heyets, Y. Kryzhanivskyi, O. Zhevzhyk, O. Voloshyn, A. Bulat, B. Liu
2020 E3S Web of Conferences  
A new tool for achieving a sustainable business climate in mining is DLT communication and blockchain data recording. The introduction of DLT will help increase confidence among participants mining executives, employees, regulators and suppliers. The factors that interdict the implementation of DLT are classified. Each of them has been analyzed and models for data exchange among roles have been proposed for illustration. The example is for measurement of the energy consumed and the material
more » ... nd the material mined for an open pit. A scheme for the introduction of correction in case of measurement unaccuracy has been developed.
doi:10.1051/e3sconf/202016800009 fatcat:oj4wfw3hazhyzpvut2r7scpo3a