The report provides guidance and is intended for policymakers, regulators and public funding bodies responsible for innovation and market frameworks for ocean energy technologies.
In line with the rising interest on blockchain technology for trade industry in recent years, oil and gas companies will be able for the first time to finalising crude oil deals on a live blockchain-based platform.
Maersk and IBM are reportedly struggling with their blockchain platform, TradeLens, as besides them, only one other carrier has joined in, Pacific International Lines (PIL).
