Bitcoin Mining to Help Reduce Wastage and Costs Associated with Oil Companies

2019-7-20 23:40

In a recent post shared by Bitcoin. com, arguments have been made in relation to how crypto mining activities can help oil companies reduce both their costs and excess oil, where the latter typically goes to waste.

According to the claims made, flare gas is deemed a liability for oil companies and for this reason, shale […].

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Chevron, ExxonMobil Headline a 7 Company Initiative to Create an Oil & Gas Blockchain Consortium

Chevron, ExxonMobil And Five Other Companies Form a New Gas And Oil Blockchain Consortium ExxonMobil, Chevron and five other companies from the oil and gas industry have recently decided to form a consortium in order to create a blockchain together, as affirmed via a press release. This new initiative will be called Oil & Gas […]

2019-3-2 02:46


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Major Oil and Gas Companies Join New Blockchain Oil Trading Platform VAKT

On January 16, London-based blockchain oil trading platform VAKT announced that oil and gas giants Chevron, Total and Reliance have joined its new blockchain-powered commodity trade platform. VAKT Puts Oil onto the Blockchain VAKT’s mission is “to digitize the global commodities trading industry, creating a secure, trusted ecosystem, powered by blockchain,” according to its website.

2019-1-17 04:00


The last resort of failing tech companies is UX design – it won’t save them

Facebook is using billboards to demonstrate their commitment to fighting fake news. Uber is running TV spots to illustrate the company’s commitment to doing good. Once considered disruptors, digital companies are now using the same strategies oil and tobacco companies used back in the ’90s to project the illusion of an optimistic future — while their design teams are still tied to aggressive, revenue-driven, short-term metrics.

2019-1-1 16:00