Before we know more about the TAG POINT application – It is necessary to know for its importance and why it was introduced in the African region. Also it is necessary to understand – How conflict minerals funded a war that killed millions, and why tech giants geared up to clean their acts.
The three main conflict minerals are Cassiterite, Coltan, and Wolframite, sometimes referred to under the acronym 3T, a reference to the tin, tantalum, and tungsten metals derived from them. The fourth conflict material is gold.
After being dug up in central Africa the minerals travel through a long and snaking chain of suppliers, travelling to Asia and elsewhere to be smelted into metals and then onto the wider world where they end up in electronics, as well in vehicles and jewellery.
The tin industry association, International Tin Research Institute (ITRI), has developed a traceability system (iTSCi) that is used to monitor the origins of 3T minerals in the DRC. Under the iTSCi scheme 3T minerals are bagged and tagged with the mine they were dug from, so they can be traced through the supply chain from the mine to the finished product. It has become necessary for the companies to prepare for the requirements of new legislation.
Considering the need of traceability of minerals – which was impossible to manage manually – 5Point took the challenge and today are the pioneer to design and develop the TAG POINT as a system based solution. Based on the 3T model, 5Point offers TAG POINT – the complete solution – with 3T – Transparency, Traceability and Trustworthiness.
Tag Point Features: