Blockchain in Oil and Gas is Not Hype

Blockchain, cryptocurrency, Bitcoin, these are all the words that have been buzzing around since this time last year. Bitcoin was on a meteoric rise unlike any investment ever seen before. Since this there have been more than 2,000 companies that have appeared and are riding the blockchain wave on the…

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Eissler, former editor-in- chief of Oil & Gas Engineering magazine, previously worked as an editor for Dubai-based The Oil & Gas Year Magazine.

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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