America’s Oil Capital Is Diving Into The Crypto Space

  • Date: 04-Oct-2021
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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America’s Oil Capital Is Diving Into The Crypto Space

Oil and gas firms have been using blockchain technology and working with digital start-ups to modernise and improve efficiency across operations at an increasing rate. As blockchain booms, will it soon be a vital component of oil and gas operations?

As the oil and gas industry turns towards blockchain firms to digitalise their systems to boost security, increase transparency across the company and improve operational efficiency, the incorporation of the new technology is slowly becoming the norm rather than the exception.