San Antonio-based Ecoark Holdings Inc. plans to begin beta testing a cryptocurrency mining approach in May that would be powered by natural gas that is constrained by a lack of infrastructure. The diversified holdings company established a strategic initiatives team in February to analyze ways to deploy capital for the test project. Led by CFO…
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Wipro, Uniper Deploy Small-Scale LNG Trading Platform
Wipro Ltd. said Thursday it has implemented a blockchain-based small-scale liquefied natural gas (LNG) trading/fulfillment platform for Uniper Global Commodities SE and its LNG-for-trucks subsidiary, Liqvis GmbH. Blockchain is a distributed ledger that can initiate and verify transactions on a network as they occur. Small-scale LNG solutions, mainly involving transport by truck, are an increasingly…
August 25, 2020
Majors, Big Independents Found U.S. Oil, Gas Blockchain Consortium
A group of majors and independents, including founding members ExxonMobil Corp., Chevron Corp. and ConocoPhillips, on Tuesday announced a partnership to establish the first industry blockchain consortium in the United States.
February 26, 2019
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