Oil behemoths join Shell and friends on energy trading blockchain By Matthew Beedham The centuries-old, paper-based trading process of the oil and gas industry was overhauled last year, courtesy of the blockchain and an industry consortium originally including Shell, BP, ABN Amro, ING, and Societe Generale. The industry platform, called VAKT, announced yesterday that a host of new petrochemical and oil giants – including Chevron, Total, and Reliance – are joining the likes of Shell and jumping aboard the energy trading platform, Reuters reports. Traditionally, the buying and selling of energy commodities is paper-based, meaning that credit notes and invoices have to be completed manually, and then emailed, faxed, or even posted to the… This story continues at The Next Web January 16, 2019 at 10:12PM via The Next Web http://bit.ly/2TXfy8h
This Hacker News thread is a masterclass in how to put down your damn smartphone By Bryan Clark While it’s not worth rehashing the details, I believe most of us would agree that smartphones are both good and bad. On the one hand, we have a device that holds the vast majority of human knowledge. It’s an invention responsible for a shift in power that democratizes information and empowers those most capable of dispensing it — in theory, at least. On the other, we have a doomsday device responsible for wrecking societal norms (for better or worse) and leading to a population that’s sleep deprived, anxious, and generally unhappy — among other things. Ignorance, as they say, is… This story continues at The Next Web April 25, 2018 at 04:31AM via The Next Web https://ift.tt/2HWveUq
Saturday Morning Breakfast Cereal - Intelligence By tech@thehiveworks.com Click here to go see the bonus panel! Hovertext: Call me, movie studios. I could write this script in 3 hours. Today's News: August 15, 2018 at 08:04PM via Saturday Morning Breakfast Cereal https://ift.tt/2KWCMq2
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