Blockchain is getting a hold of big oil

shale oil workers technologySpencer Platt/Getty Images

  • Big oil hasn’t had a disruption in a while.
  • Blockchain can facilitate supply chain management, which could cut costs significantly.
  • Petroteq will be one of the leading innovators in the oil industry, concerning the usage of blockchain.

 

Big Oil is due for a disruption.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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