Blockchain in Oil and Gas

in #blockchain7 years ago

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The Blockchain in Oil and Gas focus day this September 12th will, as part of our flagship IoT in Oil and Gas conference, enable you to understand how blockchain technology such as cryptocurrency, smart contracts, distributed databases, and public ledgers are going to transform both your role and the oil and gas industry.

The first blockchain was theorized by Satoshi Nakamoto in 2008 and applied the following year as a key component of the digital currency bitcoin, but that was just the tip of the iceberg. A secure public ledger concept can be applied to almost all aspects of doing business whilst removing slow and outdated workflows.

Using a peer-to-peer network and a distributed timestamping server, a blockchain database can be managed autonomously. Blockchain is the future business model of supply chain and can be applied to the entire oil and gas value chain.

Are you ready to harness the capabilities of blockchain technology in oil and gas operations?

Join the one-day event to:

  • How to develop blockchain scalable solutions for your company
  • Examining open source blockchain development
  • Blockchains are an ideal technology for IoT oil and gas
  • Why early adoption will save time and money in the future
  • Transparency, security and convenience all in one place

xArchangelx -
YAY! I hope to make this! I would love to hear all that is going on in this industry. Especially with the slump in prices that have been felt. I worked in the Oil and Gas industry as a GIS Specialist and Developer.

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Is thr any audio/Visual media where all these points are discussed.

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