A BLOCKCHAIN BUSINESS NETWORK FOR HIGH-SPEED TRANSACTIONS
GuildOne launches the Energy Block Exchange (EBX), a blockchain business network for energy organizations.
A validated and mutually agreed-upon contract is at the core of ongoing payment calculations.
An expected 80% efficiency gain through trusted, efficient and secure payment settlements.
Private blockchain and distributed ledger tech
Ability to scale tens of millions of contract settlement and payment transactions per month.
The First Royalty Payment Network Based on Blockchain
Ever since the first well was bored on private land, oil and gas producers and landowners have exhausted valuable time, resources and money transacting royalty payments – and resolving disputes when agreements go south.
New Standards of Measurement: A Distributed Ledger for Hydrocarbon Volume Measurement and Real-Time Value Exchange
Ever since the severe downturn in oil prices in 2014, oil and gas companies have been seeking new operating models to drive efficiencies that could reduce costs and increase profits.
Automating Royalty Contract Settlements with Blockchain
Royalty administration has been an onerous challenge for oil & gas companies and landowners since the first well was bored on private land.
EBX is designed as a compatibility zone for the industry to share secure smart contracts, settle payments, and ensure rights and revenue completion.
A FULLY ENCRYPTED PEER-TO-PEER TRANSACTION NETWORK
Based on R3’s Corda Blockchain Platform and Hosted on Amazon Web Services.