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150-Year-Old Chinese Gas Company Ramps Up Blockchain Adoption
3.4.2020
Shanghai Gas will use blockchain to monitor and record data across its entire supply chain
Shanghai Gas Collaborates With Vechain; Implements Blockchain-Based Energy Project
1.4.2020
Shanghai Gas Co., Ltd, collaborates with Vechain to bring further development in blockchain-based energy projects. The economically feasible nature of blockchain technology encouraged Shanghai to seize the opportunity for further investments. Besides cost-effectiveness, Shanghai Gas discovered...
Argentine Gas Regulator Launches Blockchain Network, Expands to Whole Country
19.3.2020
The Gasnet blockchain platform will reportedly manage gas services offered to over 2 million residents in Northern Argentina
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Argentina’s Gas Regulator Greenlights Industry Blockchain Built With RSK Tech
18.3.2020
Gasnor, a natural gas distributor for 2 million Argentine residents, has won approval to pilot a smart contract-based platform aimed to speed up the country's chronically slow gas certification processes
Crypto Networks Stress Tested During Bitcoin’s Wild Week
14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...
Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders
12.3.2020
Binance doubles ETH withdrawal fees, blaming network congestion. Crypto traders are vocally displeased
The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin Them
10.3.2020
Feeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one’s community — borderless, permissionless P2P electronic payments. These are all simple, practical activities and tools that can be leveraged in decentralized...
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting
18.12.2019
A group of 10 global oil and gas firms like Chevron and Shell sees successful pilot for digitized industry balloting using blockchain
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin
7.12.2019
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...
Ethereum’s Top DEX Is Relaunching to Tap Istanbul’s Lower Gas Fees
5.12.2019
IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum's Istanbul hard fork
Cointext Founder Publishes New ‘Postage’ Specs for SLP Tokens
19.11.2019
On November 18, Cointext founder Vin Armani published a blog post that describes a new system called the ‘Simple Ledger Postage Protocol.’ The SLP concept allows wallets to send SLP tokens without having to use bitcoin cash (BCH) as ‘gas’ to forward transactions. Also Read:...
Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well
17.11.2019
A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S....
EnHelix Commodities Trading Software Based on Hyperledger Fabric Launched for Gas Industry
30.9.2019
EnHelix launches new software, based on the Hyperledger Fabric, which is initiated for commodities trading for the Gas sector. EnHelix can be described as accomplished software for gas and oil commodity trading and logistics management combined with blockchain and artificial intelligence....
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
Report: Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk
27.9.2019
Ethereum’s most gas-hungry contract, dubbed FairWin, can allegedly be drained by insiders and contains critical vulnerabilities that purportedly put funds at risk
Oil and Gas Giant Pilots New Blockchain Platform From Modex
23.9.2019
Major oil and gas firm pilots Modex’s newly launched blockchain platform
Thai Oil and Gas Firm Develops Blockchain-Based Renewables Platform
11.9.2019
Thai oil and gas firm PTT is jointly developing a regional blockchain-based renewables platform with the Energy Web foundation
Oil and Gas Sector Opens Up for Blockchain Technology
11.9.2019
A newly formed consortium of oil and natural gas majors is gearing up to deploy the breakthrough technology of Blockchain in the United States. OOC Oil and Gas Blockchain Consortium, which is based in Houston is assertive that the Blockchain technology can be helpful to improve the administrative...