Schlumberger Technology Corporation (20240289468). LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY simplified abstract
Contents
- 1 LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Key Features and Innovation
- 1.6 Potential Applications
- 1.7 Problems Solved
- 1.8 Benefits
- 1.9 Commercial Applications
- 1.10 Questions about Blockchain-Related Systems for Oil and Gas Infrastructure
- 1.11 Original Abstract Submitted
LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY
Organization Name
Schlumberger Technology Corporation
Inventor(s)
Eric Jeanson of Houston TX (US)
LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240289468 titled 'LOCAL/HYBRID BLOCKCHAIN FOR OIL AND GAS OPERATIONS INTEGRITY
Simplified Explanation
The patent application describes methods and systems for blockchain-related systems in oil and gas infrastructure. It involves nodes at infrastructure sites storing blockchain data and splitting the blockchain when communication with another node is unavailable.
- The system includes nodes at oil or gas infrastructure sites.
- Nodes have memory to store blockchain data and processors to manage data.
- When communication with another node is unavailable, the system can split the blockchain and add data to the split blockchain.
Key Features and Innovation
- Nodes at oil and gas infrastructure sites store blockchain data.
- System can split the blockchain when communication with another node is not available.
- Provides a way to ensure data integrity and continuity in the blockchain network.
Potential Applications
This technology can be applied in various industries beyond oil and gas, such as supply chain management, healthcare, and finance.
Problems Solved
- Ensures data integrity in blockchain networks.
- Addresses the issue of communication failures between nodes in the network.
Benefits
- Improved reliability and continuity of blockchain data.
- Enhanced security and trust in the blockchain network.
Commercial Applications
- Supply chain management systems.
- Financial transactions and record-keeping.
- Healthcare data management.
Questions about Blockchain-Related Systems for Oil and Gas Infrastructure
1. How does the system handle data when communication with another node is unavailable? 2. What are the potential implications of splitting the blockchain in terms of data security and integrity?
Original Abstract Submitted
methods and systems for blockchain-related systems for oil and gas infrastructure are disclosed. in one aspect, a blockchain-related system includes a node disposed at an oil or gas infrastructure site, the node including a memory configured to store blockchain data; and a processor configured to: receive a first data item to append to a blockchain; add the first data item to the blockchain; but when communication to a second node is not available, the blockchain-related system may split the blockchain and add the first data item to the split blockchain.
