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In August of 2018, Gazprom Neft state-owned oil giant and S7 Airlines announced a partnership to implement blockchain-based technology -smart contracts - in to the aircraft fueling process.   Gazpromneft-Aero CEO Vladimir Egorov stated, “using blockchain technologies in reciprocal accounting and settlements between aviation companies and fuel operators gives new impetus...
The key is lastly out. We’re launching The PIT, an institutional-grade crypto buying and selling platform that may redefine the pace, reliability, and liquidity retail crypto merchants shouldn't solely anticipate, however demand, from their crypto trade.Final July, we got down to construct the quickest matching engine...
The consortium made up of some of the most influential companies globally has presented the white paper explaining exactly why and how blockchain has brought heavy weights from banking to oil in the likes of Shell, BP, Chevron, Total, Reliance Industries, Equinor, Gunvor, Mercuria and Koch Industries together for...
ZiyenCoins can be held in any Ethereum wallet that supports custom ERC20 tokens  Ziyen Inc. a leading oil and energy technology company today announced the first stages of minting its oil and energy digital token is now complete. Ziyen Inc. utilized the Polymath’s software for the creation of the ZiyenCoin Security...
ENN, Energy Holdings Limited, one of the largest energy providers in China has turned to VeChainThor Blockchain to optimize quality control and supply-chain management to better serve the growing LNG Chinese market.  Currently ENN is operating in 187 cities that cover a population of 94.57 million in China.   The blockchain-based...
The partnership between SWAZM and Restart Energy was to create the world’s first decentralized peer-to-peer energy marketplace called the RED Platform. The platform will enable consumers to move away from centralized energy sources and reduce the carbon footprint. The RED Platform has both agility and cost efficiency. The companies hope...
Japanese company Marubeni has invested an undisclosed amount in the blockchain startup, WePower. Based from Lithuania, WePower, offers a renewable energy marketplace that allows for commercial and industrial clients to allocate energy. The platform allows for direct transactions between corporations and renewable energy producers in a frictionless automated way....
An agreement has been made between The Republic of San Marino and the blockchain platform VeChain in hopes of encouraging citizens to adopt sustainable practices. Reducing carbon dioxide emissions, water consumption and waste are all at the center of this project.   Partnerships within the agreement include, the State Secretariat for...
Apple co-founder Steve Wozniak has announced that he will be launching a blokchain based energy company. Wozniak says “Blockchain will improve the way we use energy and lower energy consumption without changing our habit.”  The company EFFORCE had planned to have an ICO last year though it seems like it...
In a recent interview with Bloomberg  News, Data Gumbo CEO, Andrew Bruce discusses the need and adoption for the platform in the oil and gas industry.   He says “we are trying to make it into a blockchain utility right, so take it from being this big specialized installation saying that...