CryptoCurrencyWire Editorial Coverage: Investors looking to diversify their portfolios and gain access to the multi-billion-dollar global blockchain industry should have some exciting options as 2018 progresses, particularly when it comes to the $13 billion global supply chain management (SCM) market (http://nnw.fm/5T3Ps). The immutable, distributed ledger technology known as blockchain can deliver numerous SCM efficiencies that … Continue reading “Blockchain Yields Strong Potential in Global Supply Chain Management”
CryptoCurrencyWire Editorial Coverage: The excitement generated by the potential use of blockchain technology in many industries has been slow to reach the energy sector. However, indications are that 2018 could see several companies in the field adopting the revolutionary technology, which could substantially transform the energy industry’s markets and processes. Several companies in the oil … Continue reading “Expectations for 2018 on Blockchain Applications in the Energy Industry”
Blockchain technology has the potential to transform supply chain management Complex commodity exchanges are traditionally fraught with disputes, driving up costs Exclusive blockchain platform for oil and gas industry under development Adoption of technology seen as necessary by majority of oil and gas executives Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly … Continue reading “Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Readying Blockchain Platform for Use in Oil and Gas Industry”
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) has teamed with First Bitcoin Capital Corp. (OTC: BITCF) to develop an enterprise service that will draw on the emerging promise of blockchain technology in reducing the transaction expenses related to doing business in the oil and gas exploration industry. Petroteq announced on Dec. 4 that it was joining … Continue reading “CryptoNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Moves to Cut Oil Trade Costs with Blockchain Service”
Developing blockchain platform for oil and gas industry Distributed ledger technology to reduce transaction costs Now a member of Enterprise Ethereum Alliance Blockchain deployment is still new, with a world of opportunities for application. Cloud providers are already moving to offer it as an enterprise service (http://nnw.fm/TJu1f). Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is … Continue reading “Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Logistics Platform to Reduce Operating Costs in Oil and Gas”
Developing blockchain platform for oil & gas industry About 9% of crude oil transactions are disputed Distributed ledger technology may reduce transaction & resolution Costs There are few sectors as large as the oil and gas industry, which by one account reached 48.7 billion barrels of oil equivalent (“BOE”) in 2016 (http://nnw.fm/O3SkO). Despite the depressed … Continue reading “Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Proposed Blockchain Platform May Reduce the $150B in Disputed Oil & Gas Transactions”
CryptoCurrencyWire Editorial Coverage: The stunning rise of bitcoin’s price from under $1,000 at the start of the year to above $11,000 at the start of December has generated an intense scramble by investors to identify opportunities that relate to the cryptocurrency and the blockchain — the distributed ledger that underlies bitcoin. One industry that may … Continue reading “Blockchain Technology Creates Potential for Energy Industry Optimization”
The rapid growth of the legal cannabis industry has increased the need for tailored and comprehensive payment solutions for dispensaries and other retailers in the field. Medical Cannabis Payment Solutions partnered up with First Bitcoin Capital Corporation to enable cryptocurrency payments. The company has also launched its specialized digital payment platform for dispensaries that ensures … Continue reading “Medical Cannabis Payment Solutions (REFG) Integrates Cryptocurrency Payment Options”
CryptoCurrencyWire Editorial Coverage: In some of the world’s more dynamic industries, like the oil and gas sector, companies face huge challenges on a minute-to-minute basis. Intraday fluctuations in supply and demand, paired with geopolitical changes accompanied by regulatory complexities, and the overriding need for a management system that tracks purchases and services in a volatile … Continue reading “Can Blockchain Technology Revolutionize the Global Oil & Gas Industry Supply Chain?”
CryptoCurrencyWire Editorial Coverage: The oil and gas industry has always been a breeding ground for innovation and the adoption of new technologies, like 3-D seismic mapping and hydraulic fracturing. While a majority of such bleeding-edge tech has been implemented in field operations, back-office procedures such as supply chain management have lagged behind. Digital technologies are … Continue reading “Blockchain to Enable Frictionless Transactions, Transparency to Ease Complexities of Global Oil & Gas Industry”
