Wheaton Precious Metals to Use Blockchain for Metal Accounting

Wheaton Precious Metals (WPM) a precious metal streaming company, is making a bold move in distributed ledger technology. A new mining.com report suggests that WPM will be using blockchain technology in its metal accounting processes.

Blockchain processes for mining value chains Wheaton Precious Metals was working on its blockchain-based platform STAMP and hired Blockhead Technologies to deploy this project. The metals industry is adopting blockchain Wheaton Precious Metals is not the first company in the metals industry that is interested in blockchain technology.