Gazprom Neft is developing its own blockchain

The Russian company Gazprom Neft is creating a blockchain system for controlling the supply of products.

At this timeAt the moment, the company is testing a prototype blockchain system, which is designed to significantly simplify the process of interaction between supply parties.

According to the developers, the introduction of technologydistributed registries will allow tracking the supply chain of products to both the customer and the supplier, provide high speed feedback and combine previously separate information systems into a single registry of objective data.

The first batch of product supplies controlled bythe blockchain will be shipped next summer. After the testing phase, Gazprom Neft intends to continue to use the potential of innovative technology and implement it in corporate processes.