Commodity Transport
Fuses IIoT sensor data with blockchain to create an immutable, automated record of commodity movement between counterparties.
The challenge
Moving water, chemicals, and commodities between counterparties generates disputes and manual reconciliation when each party keeps its own records.
The B4E approach
The Commodity Transport program fuses IIoT sensor data with blockchain to create a single immutable record of what physically moved — shared by every counterparty in real time.
Outcomes
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ESG
Auditable environmental, social & governance data.
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Verified identities for organizations and assets.
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Clear, traceable seismic data rights.
Procure-to-Pay Digital Contracts
Streamlined contracting from PO to payment.
Integrated Joint Venture Management (IJVM)
AFE balloting and Joint Interest Billing on a shared ledger.
Help shape the digital infrastructure of energy
Membership puts your organization at the table — co-developing the standards, solutions, and platform the industry will run on.