Today the Blockchain for Energy consortium announced the launch of its own platform and permissioned blockchain network. The consortium focuses on oil and gas extraction and has 11 members, including Chevron, ConocoPhillips, ExxonMobil and Repsol.
While the group launched in 2019, many of its projects have used other platforms, from the likes of Data Gumbo, BlockApps and GuildOne.
One of the challenges in developing blockchain projects is that the blockchain itself invariably makes up a small part of the solution. There’s a need to manage smart contracts, identity, messaging, documents, APIs and more. Hence the demand for a platform.
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