© 2019 Oil & Gas Blockchain Consortium.

RESEARCH

PILOT

CREATE GUIDELINES

DEFINE SCALABLE SOLUTIONS

We transform the Energy Industry through seamless business interactions powered by blockchain.

Vision

Approach

Through industry collaboration and execution of several multi-function use cases across the oil and gas value chain, we will explore the potential of this transformative technology. Technical Committees will be established to drive industry alignment and harmonize blockchain-related guidelines. Our exploration of blockchain technology will encompass other technologies that could supplement or compliment blockchain to enhance solutions. Through these learnings, we will be positioned to drive optimal blockchain solutions at scale for the industry.

Objectives

The primary objectives of the OOC Blockchain Consortium are to:

  • Learn, lead and leverage blockchain technologies to improve operational efficiencies through automation, standardized ways of working, and increased seamless collaboration

  • Work to ensure the acceptance of blockchain technology to further digital transformation within the energy industry by:

    • Educating on the benefits of employing blockchain technology​

    • Facilitating the development of common industry practices as appropriate to prioritized projects

    • Fostering communication including learnings with appropriate stakeholders

    • Creating value adding digital industry solutions

  • Act in a facilitator role, provide a forum and a process for discussion, guidance, and feedback with operators, suppliers, regulators, and academia regarding blockchain technology within the energy industry

The OOC Blockchain Consortium Program shall identify and develop solution-based projects to prove the technology and automate the way the industry could work in the future.