what is blockchain in pipelines

Last Updated on May 9, 2023 by Paganoto

Blockchain in Oil & Gas | Deloitte US

Blockchain in Oil & Gas | Deloitte US

The powerful combination of blockchain technology, processing plant equipment, and pipeline sensors can track output and invoice customers in real-time to modernize invoice processing. In this digitalized process, sensors gather data from multiple points to ensure accurate billing based on executed contracts.

How Operators can Avoid Blockchain's Pitfalls

How Operators can Avoid Blockchain's Pitfalls

Originally designed to support Bitcoin—the cryptocurrency—blockchain is fundamentally a decentralized and distributed ledger technology which uses algorithms …

Blockchain Use Cases for Midstream Oil & Gas | by Ondiflo

Blockchain Use Cases for Midstream Oil & Gas | by Ondiflo

Pipelines are shared, railroads are shared, contract maintenance companies are shared, and assets themselves are shared. The amount of sharing …

From pipe dream to pipeline: blockchain for captives | EY

From pipe dream to pipeline: blockchain for captives | EY

The underlying concept of blockchain is Distributed. Ledger Technology (DLT). The basis of DLT is to allow multiple parties on a network to have simultaneous …

Blockchain for Oil & Gas industrial Process Optimization

Blockchain for Oil & Gas industrial Process Optimization

Combined with blockchain digital identity, each pipeline, means of transportation, or piece of equipment could have a compliance record in …

How to Use Blockchain in Oil and Gas Industry – Merehead

How to Use Blockchain in Oil and Gas Industry – Merehead

During the transportation of raw materials, the IoT devices located along the pipelines send data on pressure, flow rate and temperature to the …

Blockchain in Oil and Gas Industry: Applications, Challenges …

Blockchain in Oil and Gas Industry: Applications, Challenges …

modifications and deletion by adversaries. Blockchain is an. evolving decentralized technology that is highly capable of. handling the trust, …

Breakthrough Cyber Protection for the Pipeline Industry

Breakthrough Cyber Protection for the Pipeline Industry

Recently, innovative blockchain technology has begun being deployed to protect distributed systems such as pipelines, changing the face of …

Oracle Plans Blockchain 'Pipelines' to Boost Employee …

Oracle Plans Blockchain 'Pipelines' to Boost Employee …

“By its nature, the pipeline blockchain approach provides a self-correcting mechanism for recording and reconciling the state of a pipeline …

Truffle's build pipeline – Building Blockchain Projects [Book]

Truffle's build pipeline – Building Blockchain Projects [Book]

Truffle’s build pipeline Now that you know how to compile, deploy, and test smart contracts using truffle, it’s time to build a client for our altcoin.