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Stena Drilling invests in UK blockchain tech start-up

Aberdeen-based Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with Cambridge-based blockchain start-up SmartChainServices (SCS). The announcement follows a six-month proof of value project, where Stena Drilling applied blockchain and smart contract technology, to reduce and eventually eliminate complex transactions related to International Association of Drilling Contractors reporting and …

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Aberdeen-based Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with Cambridge-based blockchain start-up SmartChainServices (SCS). The announcement follows a six-month proof of value project, where Stena Drilling applied blockchain and smart contract technology, to reduce and eventually eliminate complex transactions related to International Association of Drilling Contractors reporting and …

[post_title] => Stena Drilling invests in UK blockchain tech start-up [post_excerpt] => Aberdeen-based Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with Cambridge-based blockchain start-up SmartChainServices (SCS). The announcement follows a six-month proof of value project, where Stena Dr... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => stena-drilling-invests-in-uk-blockchain-tech-start-up [to_ping] => [pinged] => [post_modified] => 2021-10-15 02:10:31 [post_modified_gmt] => 2021-10-15 02:10:31 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=153054 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )