BLOCKCHAIN WAKE UP CALLBDR is addressing timely relevancy for blockchain and oil n gas data.
The headlines confirm the viability and necessity for blockchain usage in this space.
Expect a double from here....
Blockchain can also help to streamline regulatory filings and reporting by improving transparency.
“Regulators are increasingly requiring companies to provide vast amounts of data that can be analyzed to detect non-compliance and other regulatory issues,” Koeppen said. “With current technologies and methods, gathering and cleaning up the required data is a huge burden.”
Additionally, the platform is seen as a way to improve cybersecurity of critical data, while dramatically reducing data loss and mitigating the cost of breaches, Shrier said.