A Smart Contracts Primer for O&G Needs

Blockchain makes smart contracts possible by automating transactions that are commonly performed manually and removing the need for a financial and legal “middleman” to validate these transactions. By embracing smart contracts, transactions that would previously be burdensome can become automatic creating vast efficiencies, reduction of costs, increase trust and transparency which will virtually eliminate costly contract disputes. Gain a comprehensive understanding of the upstream, midstream and downstream use cases for smart contracts to identify the most compelling areas to embark on your journey.

  • Steve McNew, Senior Managing Director, Information Governance, Privacy, & Security, FTI Technology