How Blockchain Is Helping Big Oil Optimize For A Carbon-Friendly Future

December 17, 2021 Siddhant Goyal

Date of Publication: Feb 02, 2021

Author: Christopher Helman

Summary:

At Equinor’s giant new North Sea oil platform, thousands of sensors feed into Data Gumbo’s novel blockchain platform— encoding an immutable record of operations, the better to automate contracts, pay vendors and (in the not-too-distant future) even measure carbon emissions.

Link to Full Reading:

https://www.forbes.com/sites/christopherhelman/2021/02/02/how-blockchain-is-helping-big-oil-optimize-for-a-carbon-friendly-future/