Royal Dutch Shell
Basics
- Based in The Netherlands
- From Forbes Blockchain 50 (19-2-2020):
"Shell is currently working on nine blockchain projects that are in various stages of maturity. It’s a founding member of Vakt, a blockchain platform that went live in November 2018 that processes post-trade transactions of Brent crude. Vakt simplifies the global commodities trading industry that still largely relies on a mountain of paperwork by moving it to a shared digital ledger. Shell is also working on a pilot program using blockchain to authenticate and verify the origin and provenance of safety-critical process equipment with the hope of deploying it in the second quarter of 2020. The company is first focusing on the valves used in Shell’s plants and will then likely expand the functionality to pumps, while at the same time aiming to generalize the system to suit any type of equipment or device."
Tech
Roadmap
Usage
Competition
Pros and Cons
Team, investors, Partnerships, etc.
Team
- Key Executive: Sabine Brink, blockchain lead
