Commercial Agreement With Sumitomo! As expected, $MHUB.V has signed another huge company and past collaborator into a commercial agreement. The Sumitomo Corporation is one of Japan’s largest companies and will subscribe to the MineHub platform and enterprise applications as a paying customer for global operations. One of Sumitomo’s General Managers has stated that “MineHub is the most mature blockchain-based post-trade platform in metals and mining.” And considering all of the development and that they’ve already signed BHP, I’m definitely watching the company a lot closer ever since the transition to the revenue-generating stage.
https://ca.finance.yahoo.com/news/minehub-sumitomo-corporation-enter-commercial-120000329.html
For those who don’t know, $MHUB.V is helping create more resilient supply chains within the mining and metals industry through their all-in-one Minehub platform that allows companies to track, manage, and sign various documents throughout the transportation process. Additionally, there are a number of applications to help with ESG regulations or finance and trading platforms. All of these features included in this platform have helped companies create far more efficient, cost-effective, and resilient supply chains.
Overall, now that $MHUB.V has 2 of the largest mining companies globally under their belt, I’ll be looking toward who they can bring the platform to next. IMO, it's still very undervalued with a $19.5M market cap now that they've secured this deal.