Blockchain Benefits to Upstream Oil & Gas - PermianChain Animated Series

The oil and gas sector has been central to the world economy for over a century, but even before Covid-19, the sector was under pressure alternative sources of energy are increasingly viable…
…and a perception of inefficiency is starting to make investors think twice before committing…
…making regulators raise an eyebrow…
…and encouraging consumers to look elsewhere.
PermianChain has developed a platform that will bring efficiency to every aspect of an oil and gas project we can help make the most of the opportunities that AI is creating, removing the barriers between data silos…
…so that it’s easier to translate raw data into meaningful information
We can also help create value earlier in a project’s life-cycle, making it possible to trade proved but not-extracted natural resources.
The nature of the PermianChain platform means that we can also provide clarity across a project and help appropriate third parties stay up to date.
Taken together, this gives oil and gas organisations a positive story to tell…
…investors
…regulators
…and consumers