2018 Energy Conference Network’s Blockchain in Oil and Gas conference, Houston

Neil McNaughton

doi:10.69894/20190117

February 28, 2019Oil IT Journal.

2018 Energy Conference Network’s Blockchain in Oil and Gas conference, Houston

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Key Points

This conference aimed to explore the role of blockchain technology in the oil and gas industry and assess its current viability.
Presentation of various blockchain initiatives like Vakt and Ondiflow.
Discussion of blockchain standards by PIDX.
Collaborations between companies like IBM and SAP to innovate blockchain applications.
General skepticism remains about blockchain's effectiveness in energy.
Linn Energy reports significant financial losses linked to smart contracts.
Several blockchain projects are in development, indicating potential future uses.

Implication

Conference highlights blockchain's potential in oil and gas, suggesting innovative solutions await further validation.

Abstract

Terrahub on bootstrapping trust. Quisitive leverages Microsoft Common Ingestion Services. Energy Blockchain Consortium ‘jury still out for blockchain in energy’. Equinor and the Vakt blockchain for trading. IBM co-innovates with SAP. PIDX moots blockchain standard. Amalto’s ‘Ondiflow’. Consensys’ ‘full stack’ blockchain. Tibco and project ‘Dovetail’. Zap to ‘tokenize’ Venezuela’s oil! Linn Energy ‘half a billion dollars lost in smart contracts’.

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Cite This Study

Neil McNaughton (2019) studied this question.

synapsesocial.com/papers/6997faddad1d9b11b3453f03 https://doi.org/10.69894/20190117

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2018 Energy Conference Network’s Blockchain in Oil and Gas conference, Houston

Key Points

Implication

Abstract

Discussion

Cite This Study

2018 Energy Conference Network’s Blockchain in Oil and Gas conference, Houston

Key Points

Implication

Abstract

Discussion

Cite This Study

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