Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Argentina’s Regulator Enargas Approves Expansion of Blockchain Gas Tracking Platform

Argentina’s Regulator Enargas Approves Expansion of Blockchain Gas Tracking Platform

Kelly Cromley by Kelly Cromley
Mar 21, 2020
in Market News, News
Reading Time: 2 mins read
0

Enargas, which regulates natural gas supplies in Argentina, has endorsed the expansion of a blockchain powered gas distribution monitoring platform.

The platform underwent trial from a domestic distributor providing service to more than 2 million residents.

The platform, named Gasnet, was approved by the regulator for expansion across the length and breadth of the country.

Earlier, only Gasnor utilized the network to serve its 2 million plus clients.

The platform makes use of the blockchain developed by RSK. The benefits recorded during trial period by Enargas were the prime reason for the regulator to endorse the expansion of service.

“It is easier to control for the regulator authority and more effective the way that gas distributors share their key processes with the regulator.”

At the time of writing this article, there is no indication of other distributors joining the network.

Nevertheless, IOV Labs, the company backing RSK, expects several distributors to take part in the project soon.

Gasnet intends to administer service providers and conduct dealings when fresh deployment or reactivation certificates are recorded, and enhance regulatory overview.

To attain that, the network used RSK smart ocntracts and its RIF second-layer solution. It was unveiled in partnership with Argentina based software development firm Grupo Sabra.

RSK and Grupo Sabra began building the network for Gasnor last year. At present, Enargas endorsed the expansion of a nationwide framework to all distributors agreeing to implement it.

The nodes of the Gasnet network are run by regulator and Gasnor.

Gasnor chief information officer, Carlos Amín, explained the benefits offered by blockchain technology:

“The implementation of the blockchain solution […] will enable [us] to streamline our processes, reduce costs, improve time to market, and most importantly provide a much better user experience.”

Bockchain is turning out to be increasingly beneficial to the fossil fuel sector as the technology has the capability to assist administration of cumbersome ecosystems and logistics.

Notably, oil companies have already started using blockchain to transform the industry cleaner, safer and highly efficient.

Saudi Arabia’s state oil enterprise, Saudi Aramco, bought a stake by investing $5 million in Vakt, a blockchain powered platform facilitating oil trade.

Previous Post

Italy’s Banca Sella Capitalizes on Lock Down By Offering Bitcoin Trading

Next Post

Italian Red Cross Begins Second Phase of Bitcoin Fund Raising Campaign

Related Posts

nexus-expands-cross-platform-with-four-new-blockchain-games

Nexus Expands CROSS Platform with Four New Blockchain Games

by Kelly Cromley
Jun 18, 2025
0

Nexus has formalized an onboarding agreement with international gaming companies to integrate four blockchain-based games into its open platform, CROSS....

avail-launches-full-stack-to-address-blockchain-scalability-issues

Avail Launches Full Stack to Revolutionize Blockchain Scalability

by Kelly Cromley
Jun 18, 2025
0

Avail, a company focused on modular blockchain infrastructure, has officially rolled out its full Avail Stack, aiming to address major...

global-settlement-facilitates-feniix-tokenized-energy-deal

Feniix Energy Finalizes $75M Oil and Gas Acquisition Deal Using Tokenized Capital

by Kelly Cromley
Jun 18, 2025
0

Latin American energy firm Feniix Energy has completed a landmark $75 million acquisition of a live oil and gas operation,...

my-neighbor-alice-game-launched-on-chromia-blockchain

My Neighbor Alice Launches First Full Game Chapter on Chromia

by Kelly Cromley
Jun 18, 2025
0

The widely recognized blockchain game My Neighbor Alice has officially entered a new phase with the release of Chapter One:...

eigencloud-to-extend-blockchain-grade-trust-to-non-blockchain-apps

EigenLayer Unveils EigenCloud to Bridge Blockchain and Off-Chain Trust

by Kelly Cromley
Jun 18, 2025
0

EigenLayer has taken a significant step forward in overcoming one of the long-standing limitations of blockchain technology by launching EigenCloud,...

Chainalysis to partner Aptos Foundation

Chainalysis and Aptos Join Forces to Tackle Blockchain Threats

by Kelly Cromley
Jun 17, 2025
0

Chainalysis has entered into a strategic partnership with the Aptos Foundation in an effort to strengthen blockchain security through improved...

Next Post
Italian Red Cross Begins Second Phase of Bitcoin Fund Raising Campaign

Italian Red Cross Begins Second Phase of Bitcoin Fund Raising Campaign

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

nexus-expands-cross-platform-with-four-new-blockchain-games
Market News

Nexus Expands CROSS Platform with Four New Blockchain Games

by Kelly Cromley
Jun 18, 2025
avail-launches-full-stack-to-address-blockchain-scalability-issues
Market News

Avail Launches Full Stack to Revolutionize Blockchain Scalability

by Kelly Cromley
Jun 18, 2025
global-settlement-facilitates-feniix-tokenized-energy-deal
Market News

Feniix Energy Finalizes $75M Oil and Gas Acquisition Deal Using Tokenized Capital

by Kelly Cromley
Jun 18, 2025
my-neighbor-alice-game-launched-on-chromia-blockchain
Market News

My Neighbor Alice Launches First Full Game Chapter on Chromia

by Kelly Cromley
Jun 18, 2025
eigencloud-to-extend-blockchain-grade-trust-to-non-blockchain-apps
Market News

EigenLayer Unveils EigenCloud to Bridge Blockchain and Off-Chain Trust

by Kelly Cromley
Jun 18, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • ETF
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree