PetroBLOQ Becomes Latest Member of Enterprise Ethereum Alliance

Oil and gas supply chain management platform PetroBLOQ has joined the Enterprise Ethereum Alliance.

AccessTimeIconDec 5, 2017 at 11:00 a.m. UTC
Updated Dec 10, 2022 at 9:22 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Oil and gas supply chain management platform PetroBLOQ has become the latest member of the Enterprise Ethereum Alliance (EEA) .

Being developed by Petroteq Energy in collaboration with the First Bitcoin Capital Corp, PetroBLOQ joins the business-focused blockchain consortium as part of its plan to build "transformative solutions" for the oil and gas industry, said the company CEO Alex Blyumkin in a press releasehttps://petroteq.energy/news/press-releases/detail/232/petroteq-energy-announces-petrobloqs-membership-in.

According to Julio Faura, chairman of the board of the EEA:

"We seek to attract a variety of organizations to help create enterprise-grade standards for ethereum and to drive current and future development of the ecosystem to benefit all participants."

With members from a range of business sectors including public sector, healthcare, energy, banking and more, the Enterprise Ethereum Alliance now consists of 14 industry-focused working groups working to develop open standards and architectures around the ethereum platform.

More than 200 members have now joined the consortium, including major firms such as Accenture, BBVA bank, Deloitte and Microsoft.

Oil pipeline image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.