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