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DORAE

The Blockchain for Raw Materials

Dorae is the blockchain-enabled global supply chain accountability system which solves the problem of the lack of trust between distant links in global supply chains. Lack of information and accountability in raw materials supply chains contributes to human misery and increased cost of business. Consumers don’t want their goods to be built with child labor or to fund bloody conflicts, and big businesses don’t want to run the risk of violating laws or damaging their brands. And businesses subject to the Conflict Minerals rules under Dodd Frank Section 1502 and similar regulations such as the OECD Due Diligence Guidance for Responsible Supply Chains run the risk of debilitating fines and reputational damage – from suppliers sometimes many transactions removed from them and their operations. Through Dorae, compliant primary producers can be empowered, manufacturing businesses protected and consumers satisfied.

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35 days 13 hours left
2018-03-26 - 2018-06-30
Token
DAE
Price
1 DAE = 0.003 ETH
Bonus
Available
Bounty
Platform
Accepting
ETH
Minimum investment
0.003 ETH
Hard cap
210,000 ETH
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, South Korea, North Korea, Cuba, Iran, Syria
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About DORAE

Dorae Inc’s Blockchain for Cobalt Live in Congo.

Dorae Inc. is pleased to confirm that its pilot operations in the Democratic Republic of Congo with the Government of His Excellency President Joseph Kabila are active. Dorae's activity, applying blockchain technology to the secure transmission of supply chain data for raw materials, marks an important first step in bringing together technology, people, the real economy and governments.

Dorae's application of blockchain to the production of Cobalt and Coltan in the DRC will revolutionize the global market for these materials and secure the DRC's position as the dominant - and accountable - global source of these primary ingredients for the digital age.  

Dorae solves the issue of lack of trust in the sourcing of commodities, using distributed ledger technology to create an immutable record of a material's journey from source to end-user ("mine to mobile"). Notably, Dorae considers it part of its core mission to support the countries and communities where raw materials are produced, harnessing technology to serve the institutions and people of its target markets.  Through adoption of the Dorae system, government and industry can combat issues such as child labor, regional conflict and environmental abuse, as well as increasing tax compliance and recalibrating the economics of supply chains to reward producers observing proper standards.  

Dorae is co-founded by Ricardo Santos Silva and Aba Schubert and has offices in Palo Alto, Grand Cayman and London.

Ricardo is a Portuguese entrepreneur and investor in the financial, technology and mining sectors. He co-founded Aethel Partners, a multinational private equity, alternative asset management and financial services firm headquartered in London. Ricardo received an economics degree from the University of Lisbon.

Aba is an American entrepreneur and investor in the financial, technology and mining sectors. She co-founded Aethel Partners, a multinational private equity, alternative asset management and financial services firm headquartered in London. Aba received a math degree from Cornell University and a Juris Doctor from Harvard Law School.

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