Minespider Wins ABB Motion Services Challenge 2023

Zurich, Switzerland – December 14, 2023 – Minespider, a pioneering blockchain traceability platform, is delighted to announce its victory in the ABB Motion Services Challenge 2023, focused on ‘Keep the Track of Circularity.’ This specific challenge focused on developing a reliable circularity certificate management tool, and Minespider emerged as the winner, highlighting its commitment to enhancing supply chain transparency and circularity in the green transition.Participating in one of the three highly competitive categories in the ABB Accelerating Circularity Startup Challenge, Minespider’s winning solution centered around an innovative digital product passport system. This groundbreaking tool provides traceability and circularity, allowing consumers to access detailed information about the entire product lifecycle and its environmental footprint. This accolade is a significant milestone for Minespider, underlining its role as a leader in the transition towards a sustainable and circular economy.

Nathan Williams, Founder & CEO of Minespider, shared his enthusiasm: “Winning the ABB Motion Services Challenge is a remarkable achievement for our team. The ‘Keep the Track of Circularity’ category resonated deeply with our mission, and competing among such innovative peers was incredibly inspiring. This victory is a strong endorsement of our vision and capabilities in driving the circular economy forward. We are excited to embark on this collaboration with ABB.”As the challenge winner, Minespider will receive a $30,000 prize to further refine and develop its solution in partnership with ABB. This collaboration marks a crucial step in advancing circular economy practices and solidifies Minespider’s position as a trailblazer in sustainable supply chain solutions.