Categories
Editor's Choice Energy

Energy Trade Settlement & Reconciliation

There is no “one-size fits all” approach for ETRMs and different systems suffer from an increasing lack of interoperability with both external partners and other internal systems. As a result, energy traders and middle-office members find themselves in similar situation as before using an ETRM; manually matching data sets for settlement and reconciliation from an evolving list of inconsistent sources. Learn how STRATO can bridge the gap of disparate ETRM systems to improve trade efficiency.
Categories
Asset Tracking Energy

Energy Usage Tracking and Carbon Credit (CO2) Calculation

Track energy and carbon usage on an immutable ledger with better frequency and automation using IoT devices and STRATO’s RESTful APIs. Use smart contracts to automate CO2 impact calculations and tokenize the savings for use in a Carbon Credits Marketplace.
Categories
All STRATO Use Cases Editor's Choice Energy

Mining Sample Extraction & Testing (BHP Billiton)

Learn how BlockApps built a unique blockchain solution to accurately track BHP Billiton’s valuable mining resources across the planet

Context & Challenges

BHP Billiton is a Global 2000 Enterprise that discovers and extracts copper, iron, coal and nickel samples. These high value assets must be closely tracked in order to comply with local and international regulation.

BHP's mining information was tracked via email and excel spreadsheets across internal employees and public partners. When mining samples went missing, no single, real-time source of verifiable truth existed for reference.

Industry Categories

Related Topics

asset tracking | case studies | energy | energy industry | mining | supply chain

Key STRATO Features

  • Interoperability

Solution Benefits

  • Improved tracking of samples as they move within the organization and through external sources
  • Immutable record of core sample analysis and retrieval of long-term storage
  • Simplified regulatory oversight of drilling sites
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