trending Market Intelligence /marketintelligence/en/news-insights/trending/7SVdPGMs6OwMmC6Bb72nhg2 content esgSubNav
In This List

Daimler's Mercedes-Benz Cars to use blockchain for supply chain

Podcast

Master of Risk | Episode 7 : John Kevill

Blog

The World's Largest P&C Insurers, 2023

Blog

The Worlds Largest Life Insurers, 2023

Case Study

Analysts Utilize the S&P Global Marketplace Workbench to Explore and Visualize Datasets


Daimler's Mercedes-Benz Cars to use blockchain for supply chain

Daimler AG's Mercedes-Benz Cars said Feb. 25 that it has partnered with cloud solutions provider Icertis Inc. to develop and run blockchain technology in the supply chain.

According to the German automaker, the blockchain prototype will consistently document and map contractual obligations from its direct suppliers regarding working conditions, human rights, environmental protection, safety, business ethics and compliance.

In addition, the technology is also expected to track down the sources of components and raw materials, as well as to facilitate easier and safer transactions.

The program is now being tested in a pilot project, the company said.