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Block chain technology: Time to check it out
Dec 15: Block chain technology is slowing coming into the oil & gas sector and policy planner must take note
8What exactly is a block chain? It is in essence "a shared, programmable, cryptographically secure and therefore trusted ledger which no single user controls and which can be inspected by anyone".
8If you are in a large oil & gas company, you will be keen to know how the technology is going to clean up a host of oil & gas transactions in the upstream and downstream segments.
8The website carries here a review of pilot projects around the world
8Find out more on the specific segments where the technology can revolutionize the industry
8This is as good a time as any for you to send out a few feelers to technology leaders in this field, some of whom are, surprisingly enough, based out of India.
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