What does Minespider’s
blockchain tech offer?
Our blockchain uses a proof-of-authority consensus mechanism that is very energy efficient.
Traceability enabled among untrusted parties.
Once you send a shipment downstream, the receiver can scan a QR code to see the public data, and log in to see the rest of the data they have access to.
Those who receive shipments further down the supply chain can request access from the sender. That's how we can maintain chain-of-custody even if a supply chain actor doesn't participate.
Explore our
blockchain-based solutions
Product Passports
Showcase your sustainability efforts to customers, clients & investors.
Trace your materials & products - and position your company as a leader in areas such as transparency, circularity & sustainability.

Watch Minespider TV.
How can blockchain improve trust and efficiency for companies?
How do you balance data privacy and transparency in supply chains?
How can we make blockchain interoperability work?
How do you manage data permissions without a central party?
What are the latest developments in conflict mineral regulation?
The Tin Traceability Project
Frequent Questions
Blockchain is a better, safer way to record activity and keep data fresh, while maintaining an immutable record of its history. The data can’t be corrupted by anyone or accidentally deleted. It is used to secure that transactions and entities are what they say they are.
Even though data can be transported around to multiple services (even decentralized ones like IPFS), Minespider uses AWS to store the linked files on blockchain encrypted and secured. From there it is linked to the blockchain. This means that the data itself is not decentralized, data can be edited or deleted, but not the history. The history (which is decentralized) always shows that data was “there” or was “edited”.
Distributed ledger technology (DLT) is the overall concept of having decentralized accounting (i.e. several ledgers containing a data set, as opposed to one centralized ledger). Blockchain technology is a type of DLT.
Blockchain is a form of storing information that prevents anyone from changing, hacking, or cheating it. Minespider is a complete platform for supply chain traceability that uses blockchain technology to create secure product passports.
A hashing algorithm is a one directional way of proving that some dataset is that dataset without having the need to disclose what data it contains. That means that if one follows the standard, (in Minespider’s case the SHA-3 implementation), one should always get the same results. BUT if one uses a different hashing algorithm it will have different results. However there is no practical use of interoperability among hashing algorithms.
Companies encrypt data to be shared in a product passport, and then a hash (an encrypted code that represents the passport) is stored in the Minespider blockchain. This means that everyone using Minespider can be sure the data in the passport has not been altered, but only the data owners can decrypt and read it.Blockchain is often used when companies who do not know each other need to exchange data securely. This approach allows companies to give permissioned access to their data without needing a trusted third party.
That would depend on the blockchain. On Proof of Work (PoW) networks, a lot of energy is used in the verification process, as nodes on the network are competing to solve the cryptographic puzzle, seal the block, and collect the associated reward. This is known as mining and yes, that uses a lot of energy because it requires a lot of computing power, especially when the number of transactions is growing and miners are competing with ever more hardware. However, there are other consensus mechanisms requiring less energy, such as Proof of Stake (PoS), where network members stake coins with the network and get chosen as validators according to the amount they deposit. Minespider uses Proof of Authority (PoA). In this consensus mechanism, members of a consortium who are running the nodes are verifying the transactions. There are no rewards and no competition, therefore less computational power is needed.
Technical Q&A
For more questions about the Minespider blockchain, please head here.
If you would like to migrate data from Hyperledger or another blockchain, there are two ways:Through a script gathering the information through the hyperledger API/SDK and adding it with Minespider’s API (Batch creation).If the whole data can be exported, we can add it using our internal SDK and batch creation modules.
The data information is encrypted in three different levels. Everyone can see the public layer, the encrypted layers are stored publicly so they can see the hashes (ie. in ETH Finder) to check on the validity of the claims.
Yes, Minespider offers API service for you to integrate with your existing system. This documentation is meant to be used by developers, for integration purposes, to get the best blockchain solution to the bounded systems interested in it.
No, the Minespider platform is located on a public network secured by Minespider’s blockchain protocol.
No, it’s all included in the subscription fee.