Today Saudi Aramco-backed blockchain firm Data Gumbo announced capital drilling equipment supplier HENDERSON has adopted its industrial blockchain network, GumboNet. HENDERSON will use the platform’s smart contract technology for its drilling clients and equipment services in the oil and gas sector.
Data Gumbo has gradually expanded its offering across different oil and gas industry aspects, from water management in fracking to geothermal drilling and transport. Now it includes equipment.
The blockchain network will enable drilling contractors and other parties to confirm finished work and shipped goods. Given the data is shared via the GumboNet blockchain that provides increased transparency and certainty.
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