Abu Dhabi National Oil Company (Adnoc), in collaboration with IBM, is piloting a Blockchain-based system for oil and gas production. In line with the country's Industry 4.0 ambitions, the government-run company has partnered with IBM to introduce the blockchain technology across its oil and gas production value chain. Increased operational efficiency, improved reliability of production data and greater transparency in transactions are some of the benefits of this contemporary technology.
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