Convergence can unleash blockchain for oil and gas

The ability to consolidate peer-to-peer decentralised technology into a variety of systems aids productivity as well as tracking of sustainable business practices

Blockchain technologies not only integrate well into the oil and gas sector but also help deliver important operational and business value. One plus one really can equal three, but it depends on who is doing the counting and how.  Blockchain innovators are already highlighting the merits of working closely with other technologies, such as the Internet of Things (IoT). But convergence in the sense of close collaboration, or even mutual co-dependence with other technologies, raises a number of questions for oil and gas companies interested in blockchain possibilities: What exactly is convergence and is it a material ­consideration? How does blockchain interact with other ­technologies? Where