Describe who would be the stakeholders, who would be the miners, who would be the currency/token issuers, is there a role for Bitcoin in such a system e.g., for fast processing payments across countries.?

Background:build an in-house Asset Tracking Solution powered by blockchain technology that runs on a global computer. The asset lists could consist of different petroleum products.On the blockchain, participants document details such as registration deeds and organic/non-child labor/fair trade certifications for the corresponding product. This registration and tracking of ownership on a blockchain system will help all parties on the transaction to provide origin tracking and quality standards certification, as well as help facilitate access to the market. Imagine that there are different stakeholders in the supply chain for oil and gas products namely: the driller, the transporter, the retailer, the refiner, the supply tanker and the customer.

Project Description:
PetroTracker
An App that uses a specific QR code in every shipment. Through the QR code the user is able to know where exactly the oil was extracted, the places it went to before reaching the final destination, and even the average time it takes for every shipment to reach the destination.
A QR code tracks a shipment. A shipment contains different barrels of oil that come from different places. Within the app, you can see in every shipment the different barcodes/SKU or inventory numbers for every barrel. The barcode will give you where it came from, how it was extracted, and other details (open to more ideas on this).
All of this is able to support blockchain technology.
we can put other things on the blockchain ledger, like certifications or any important documentation
We have multiple types of login
Offshore drilling companies (engineers and other industrial users)
Supplier
Distribution
Local transport
Consumer
All of these stakeholders have the ability to use smart contracts in order to exchange the oil.
As a drilling company, supplier, and distributor you are able to see what each oil barrel is costing around the world, since the app will be able to scan the blockchain to come up with that number, giving you the latest updates in cost and prices.
Consumer is able to look at gas prices locally as well as to know where the oil came from in every gas station (on a % base)

Question. Describe who would be the stakeholders, who would be the miners, who would be the currency/token issuers, is there a role for Bitcoin in such a system e.g., for fast processing payments across countries.?

Last Completed Projects