Blockchain Technology Officially Enters the Oil and Gas Industry

[Selva + 252]

Oil and gas companies can rejoice as Ethereum-powered blockchain technology Ondiflo is officially being adopted into a major industry. It would provide digital solutions for order-to-cash processing. The digitized process would improve production  producing benefits such as improved scheduling and dispatching, accurate measurement of discharged fluid volume, precise invoicing, significantly reduced revenue leakage, and zero to very few coding errors. 

[Vlad Kovalenko + 115]

This is a big change for oil and gas industry, known as slow to change. But this industry had to do something like this if wants to adapt at a rapid pace to survive. 

[Adam Varga + 123]

Hmm, slow down. This hasn't started yet. No need to rush with enthusiasm.

[Selva + 252]

Well, when we talk about this industry I have no enthusiasm at all. All we can expect from this technology in oil industry is more profits for them. 

[Vlad Kovalenko + 115]

It was about a time for this industry to take this move. This technology would streamline process related to oilfield services. Transactions could be settled in only a matter of hours, compared to days and it would reduce potential errors that could occur in this process.