One of the largest gas companies in Argentina, Gasnor, uses blockchain to cut costs spent on installation of gas stations, gas transfer, and accompanying  documentation. The new blockchain platform Gasnet was launched in partnership with Argentine blockchain company IOV Labs and implemented after receiving permission from Argentina’s national gas regulator to pilot a smart contract-based […]

The world’s leader in producing and trading oil, Saudi Aramco has invested $5 million into blockchain platform VAKT. Moreover, Aramco Trading Company will become the user of the platform. This deal supports the general tendency of implementing blockchain technologies into the oil & gas industry.  VAKT will implement the received financing for further platform development […]