Saudi Aramco partners with droppGroup to explore Web3 technology

Saudi Aramco, the world's largest oil and gas company, has announced a partnership with blockchain technology company droppGroup to explore and co-develop a range of Web3 technologies. The collaboration aims to enhance the efficiency of Aramco's operations, improve employee experience, and create a more engaging and rewarding work environment. With the use of Web3 applications, including tokenized networks and incentives systems, the partnership is poised to transform the oil and gas industry.

<p>The post Saudi Aramco partners with droppGroup to explore Web3 technology first appeared on CCNC.</p>

View Details

Eurozone hits record inflation of 9.1% amid gas and energy crisis

Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.

View Details

Here’s how blockchains are helping to advance the global energy grid

Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector.

View Details

Bengal Energy to mine Bitcoin using stranded gas wells in Aussie outback

Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs.

View Details

Exxon Mobil is using excess natural gas to power crypto mining: Report

The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany.

View Details

Stranded no more? Bitcoin miners could help solve Big Oil's gas problem

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?

View Details

PacWest Bank plummets 50%! How will Bitcoin react?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. PacWest Bancorp’s 50% price decline and the ongoing banking crisis are the first topics of [...]

The post PacWest Bank plummets 50%! How will Bitcoin react? appeared first on Crypto Breaking News.

View Details