Blockchain
ENN, One of The Largest Energy Service Providers in China Kickstarted Its Digital Transformation on VeChainThor Blockchain
China boasts a prosperous Liquefied Natural Gas (LNG) market. In 2018 alone, 280 billion cubic meters of natural gas has been consumed. With China’s coal-to-gas conversion policy and a fast-growing economy, we can expect an increasing demand for LNG in the years ahead. To better serve the enormous Chinese market, ENN Energy Holdings Limited, one of the largest energy service providers in China, is turning to VeChainThor Blockchain for optimized quality control and supply-chain management. Nationwide, ENN is operating 187 project cities that cover a connectible urban population of 94.57 million in China.
The composition, calorific value, and gasification rate of LNG vary depending on sources and processing, given that, to ensure quality and safety, it’s essential to keep track of the relevant data in a timely and accurate manner. For the same reason, gas pressure changes during transportation and the time of arrival shall also be recorded. Traditionally, the data are recorded by different personnel on the supply chain and transmitted through various communication tools manually, which is time-consuming and vulnerable to human errors.
That’s why the VeChainThor Blockchain and IoT technology has been brought into play. In August 2018, at the China International Gas & Heating Technology and Equipment Exhibition 2018, ENN, VeChain, a leading enterprise-level public blockchain platform, and Shanghai Gas, a state-owned company that accounts for more than 90% of Shanghai’s total gas market, signed a strategic cooperation agreement to develop a VeChainThor Blockchain-based LNG solution.
In this partnership, ENN is responsible for the design and system construction of LNG-related business scenarios. VeChain is responsible for providing blockchain core technology and the necessary software services. Shanghai Gas is the overseeing party who ensures the solution expands across the national LNG market.
This solution was first adopted by Zhoushan LNG Storage and Distribution Centre during the first phase prior to a full rollout.
In this case, VeChainThor Blockchain is applied in combination with IoT devices to facilitate supply-chain management. Upon arrival, the gas will be injected into different tanks, from there each tank of gas is assigned a tank number, associating with the relevant data stored on the blockchain, such as clarification value, sources, and the like. When trucked out to retailers, logistics information and the LNG quality reports will be uploaded to the blockchain as well. Through this process, the data of LNG from carrier to local distributors can be cross-validated and verified on the blockchain.
In addition, the introduction of the VeChainThor Blockchain is making it possible to extend supply-chain finance to warehouse receipt pledge, quality traceability, and safety assurance and more. With the authentic and encrypted data available for checking, supply-chain finance service providers are now provided with an enhanced tool for information query and verification.
Moving forward, VeChain will work even more closely with ENN to promote the model to other LNG projects and various business scenarios, generating value for both the real economy and the end consumers.
SOURCE VeChain
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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