OPEC to Discuss Blockchain Technology in 2nd Energy Workshop

OPEC to Hold 2nd Workshop on Energy and Blockchain Technology

The Organisation of the Petroleum Exporting Countries (OPEC) announced, on 27 August, that it will host virtually the Second Workshop on Energy and Information Technology on 21 September.

OPEC Workshop

This year’s event will discuss and exchange information on several key topics relevant to energy technology and innovation. Among the main workshop topics are the future of blue hydrogen, cyber security, and blockchain technology.

Besides OPEC member countries, international organisations and leading global corporations will be invited to participate in the workshop.

The event is part of OPEC’s ongoing research programme. It holds workshops and technical meetings that act as a forum for information exchange on energy’s most pressing issues.

Black Gold and Blockchain

OPEC is more interested in streamlining aspects such as the supply chain.

The energy industry, particularly the oil sector, has always been eager to utilise and develop the latest cutting-edge technologies to improve efficiency of its operations, along with its environmental credentials.”

Mohammad Sanusi Barkindo, OPEC Secretary General

We, at OPEC, constantly review and analyse the latest technologies emerging in our industry and their impacts on the various sectors, including the supply chain. These technologies have changed us a lot, and we expect them to continue doing so in the future.”

In conclusion, the oil sector may be the next in line to have its supply chain logistics reshaped by blockchain.

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Sally ElShorbagy 25 Articles
Sally ElShorbagy is a freelance journalist and translator who currently covers the future of the cryptocurrencies and the digital economy revolution.