Project description
Promoting responsible mineral sourcing through an open blockchain protocol
In responsible mineral sourcing, raw minerals are procured in a way that respects human rights and protects human health and the environment. The EU-funded MINESPIDER project aims to transform the entire raw materials industry so that information on its sustainability becomes transparent and a commodity. It therefore proposes an open blockchain protocol and decentralised application that will enable stakeholders to introduce and track the origins of the materials extracted, irrespective of how they have been transformed during manufacturing. The project will play a role in unifying and standardising international efforts to address the conflict minerals issue.
Objective
Founded in 2018, Minespider is an open blockchain protocol and DApp for creating digital certificates to track minerals along global supply chains.
Minespider provides the “Internet for the circulation of due diligence data packets”
Minespider has built strong brand equity and mindshare, being recognised by key players in global supply chains, strong media presence, plus relationships with leading industry and development groups such as the Responsible Minerals Initiative.
Built upon blockchain principles, we offer all stakeholders in the chain the opportunity to introduce and track the origins of the materials extracted, regardless of their transformation along the manufacturing process to create transparent and non-corruptible value chains and a trusted environment without the need for any middlemen.
Our protocol is innovative, public, free and decentralized - designed to transform the entire raw materials industry so that information on its sustainability becomes transparent and a commodity. The Minespider Protocol is comprised of three key elements:
1. The Blockchain Layer: Decentralized, so that no single entity controls supply chain data.
2. The Application Layer: Enterprise software that grants access to the protocol.
3. The SILQ utility token: Allows the system to function without centralized control.
This innovation is the central part of our strategy and is highly disruptive. Our mission is to establish the Minespider Infrastructure as the best practice in terms of responsible mineral sourcing and value chain tracking for all stakeholders - upstream, downstream and worldwide. Ultimately, our innovation drives our overall strategy to unify and standardize international efforts to address conflict minerals.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering mining and mineral processing
- natural sciences computer and information sciences computer security cryptography
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
6300 Zug
Switzerland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.