Corporate Blog

How blockchain helps the oil and gas industry reduce its carbon footprint and improve SLA adherence

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The big question when new technologies are introduced in the marketplace is whether they will stand the test of time and reach critical levels of adoption to fulfil their "raison d´être". With blockchain's gradual adoption across different industries, there are two key areas where it plays a pivotal role in enhancing the oil and gas industry's effectiveness and efficiency.  1.Carbon Credit NFTs Greenhouse Gas (GHG) emissions from oil and gas operations stand at more than 5.2 billion metric tonnes, representing nearly 15% of the energy sector's total GHG emissions. Blockchain's use of uniq...

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