Define and explain the concept of Blockchain Technologies.

1. Define and explain the concept of Blockchain Technologies

2. Explain how Blockchain Technologies can be used within the Oil and Gas Industry – identify and explain at least 4 examples.

3. Expalin the benefits of the use of blockchain technologies (for each example) within this industry.

4. Explain the challenges/obstacles which hinder the use of this technology within this industry.

5. Define and expalin the potential way forward (what has to be done) to facilitate the integration of this technology within this sector.

6. Give examples of any firms within the oil and gas industry that have implemented/are planning to use blockchain technologies – and explain how they plan to utiize blockchain technologies.

7. Use intext citation.

8. Provide a list of references.

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