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VAKT CEO, Etienne Amic discusses the reason why his blockchain project did not need a pilot and customers using the blockchain platform at the Blockchain Innovation Conference in Amsterdam. With clients like Shell, BP, Total among others saying that they are trading on the platform and confirming trade at...
At the third annual IIOT Digital Solutions for Oil & Gas Conference in Amsterdam, industry leaders and global influencers like BP, Shell, Equinor, Petrobras, ExxonMobil amongst many others are scheduled to partake in panel discussions centered around tech industry and its potential to revolutionize the oil and gas industry....
StrongBlock a blockchain startup founded in July,  2018 by David Moss, Thomas Cox, Brian Abramson and Corey Ledger who all worked for ex-block.one announced at the Blockchain Thought Leadership Conference in Lugano that it has opened the Alpha waitlist sin-ups. This new technology will allow for anyone to create...
Malaysian entrepreneur Christien New has plans to digitize the way energy is distributed throughout SouthEast Asia. In a power plant that New opened in 2002, PT Bintan Power Plant is a leading energy provider in Indonesia that reportedly generates 13,000MW of electricity to power nearly 15 million households in...
The technology has caught the attention of all of the major players in the oil and gas industry.  In essence the characteristics that blockchain technology harnesses are exactly what the industry needs. Complete transparency from the source of the product to operations and logistics. The way blockchain performs with...
Speculators have bought up huge volumes of positions in oil. However, many investors are downplaying the uncertainty facing the industry. The oil market has rarely seen such two-way risk, and the oil price could go anywhere from here. The oil industry is in for either a price squeeze or stronger...
In our previous blog, we presented blockchain as a welcome addition to the E&P landscape and added our voice to those extolling the value in baking data integrity from the ground up when re-engineering processes with it. In this article, we look at how a business can be reshaped,...
According to a recent report titled ‘Global Blockchain Market In The Energy Sector - Growth, Trend and Forecasts (2018-2023) the global blockchain market is expected to register a CAGR 50% during the period of 2018-2025. The report highlights relevant data with chapters such as ‘Smart Contracts to Witness the...
Companies in the newly established Forcefield Commodities Blockchain, aimed to be an inventory management system that will implement blockchain, Internet of Things (IoT) sensors, and near-field communication (NFC) for post-trade processing. Participants include Accenture, ABN Amro, Anglo American, CMST International, Hartree Partners, ING Bank, Mercuria and OCBC Bank and...
Ziyen is proud to announce the launch of ZiyenCoin, the first Oil & Energy Security Token Offering (STO). ZiyenCoin will be the first energy focused digital energy currency filed under the U.S. Securities and Exchange Commission (SEC) regulation 506c Security Token Offering and will create a fully trackable and unencumbered worldwide...