Houston-based Data Gumbo Corporation and blockchain-focused Diamond Offshore Drilling have partnered to develop the Blockchain Drilling platform. The cloud-based tool covers five key areas in both onshore and offshore, including supply chain and spend monitoring, and offers an "immutable platform for the optimisation of well construction activities" at every stage of well development. Diamond said the platform would help "reduce spend, eliminate waste, improve processes and better align all parties". Diamond said that when the system is rolled out across its rigs it will have the world's first blockchain-ready rig fleet.
Houston-based Diamond Offshore Drilling and blockchain-focused Data Gumbo Corporation have partnered to develop the Blockchain Drilling platform. The cloud-based tool covers five key areas in both onshore and offshore, including supply chain and spend monitoring, and offers an "immutable platform for the optimisation of well construction activities" at every stage of well development. Diamond said the platform would help "reduce spend, eliminate waste, improve processes and better align all parties". Diamond said that when the system is rolled out across its rigs it will have the world's first blockchain-ready rig fleet.