Blockchain & Traceability in Oil Supply Chain – One Day USD 150 / Two Days USD 250 Per Pax

Course level:All Levels
Categories I.T
Course Duration: 0

Description

  1. Introduction to Blockchain Technology

    • Basics of blockchain and distributed ledger systems

    • Key characteristics: transparency, immutability, and security

    • Differences between public, private, and consortium blockchains

  2. Overview of Oil & Gas Supply Chain

    • Understanding upstream, midstream, and downstream processes

    • Common challenges: fraud, inefficiencies, and lack of transparency

    • Opportunities for digital innovation

  3. Role of Blockchain in Supply Chain Management

    • Ensuring traceability of crude oil and petroleum products

    • Reducing fraud, theft, and counterfeiting

    • Enhancing trust and accountability among stakeholders

  4. Smart Contracts and Automation

    • Definition and functionality of smart contracts

    • Automating transactions, approvals, and compliance

    • Examples in procurement, logistics, and payments

  5. Data Integrity and Security

    • Protecting sensitive operational and commercial data

    • Blockchain’s role in tamper-proof record keeping

    • Ensuring regulatory compliance

  6. Integration with IoT and Digital Tracking Systems

    • Using sensors and IoT devices for real-time monitoring

    • Feeding verified data into blockchain ledgers

    • Improving operational visibility across the supply chain

  7. Transparency and Auditability

    • Real-time tracking of shipments, storage, and distribution

    • Audit trails and reporting for regulators and partners

    • Enhancing decision-making and accountability

  8. Blockchain Platforms and Tools

    • Overview of Hyperledger, Ethereum, and other platforms

    • Selecting the right platform for oil & gas applications

    • Interoperability and integration with legacy systems

  9. Case Studies in Oil & Gas

    • Examples of blockchain implementation in upstream and downstream operations

    • Lessons learned from successful pilot projects

    • Measurable benefits and KPIs

  10. Challenges and Limitations

  • Scalability, adoption barriers, and regulatory issues

  • Cost considerations and technological requirements

  • Strategies for overcoming resistance to change

  1. Implementation Strategy

  • Steps for planning and deploying blockchain solutions

  • Pilot testing, stakeholder engagement, and scaling

  • Measuring ROI and operational improvements

  1. Future Trends and Innovations

  • Integration with AI, IoT, and digital twins

  • Smart supply chains and autonomous logistics

  • Blockchain’s role in sustainability and ESG reporting

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