Bird River Resources Inc C.BDR

THE VALIDATION OF OIL AND GAS DATA: A BIRD IN HAND

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This stock is gonna POP.

BIRD RIVER RETAINS CONSULTING FIRM TO EXPLORE BUILDING A BLOCKCHAIN ASSET MANAGEMENT PLATFORM FOR USE IN THE OIL AND GAS INDUSTRY

Bird River Resources Inc. has retained API Consulting Inc. (operating as API Garage) and its BlockX Labs division in the research and development of asset management platforms utilizing its private blockchain technology. Bird River's objective is to establish a wholly owned subsidiary, which would provide access to historical records, such as seismic data, for use by the oil and gas industry, as well as other resource industries. This new asset management platform would be based on using proprietary blockchain technology owned by Bird River.

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The expanding chain of “blocks” of digital data preserve every follow-on action by parties who have played roles in sourcing, producing, transporting, installing, trading and reselling oil and gas products. After business rules have been encoded, blockchain helps eliminate the need for human intervention to validate and reconcile the data.

Blockchain in oil and gas sector | Accenture

https://www.accenture.com › us-en › blogs

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Sep. 7, 2017 · Blockchain can help assure provenance, track asset maintenance and help enable a new business model in the oil and gas industry.