Oil & Gas

Streamlining complex operations in Upstream Oil and Gas with Blockchain and Smart Contracts

With the global economy forecasted to grow four-fold by 2050, projections foresee a 70% increase in the demand for oil and gas to fuel the growth. The Oil and Gas (O&G) business operates within complex global and national frameworks. Expansion into new geographical regions and environments such as ultra-deep-water drilling is creating new opportunities for revenue growth. …

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Streamlining the 3 Streams Operations – Blockchain for Oil and Gas Industry

Introduction The Oil & Gas Industry is the backbone of ‘n’ number of companies, governments, providers and regulatory bodies. There exist endless chances for transparency, optimization, and efficiency. Today’s scenario reflects a whole new picture where proprietary databases and infrastructures do not allow proper coordination. This has a serious impact on performance. Could Blockchain act …

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