182 0 Kommentare Shanghai Gas Collaborates with VeChain to Roll out Blockchain-Powered Energy-as-a-Service Platform After Successful Test Phase - Seite 2

The collaboration has formulated a long-term strategic plan to incorporate a comprehensive blockchain-enabled 'Energy-as-a-Service' business ecosystem that includes logistics management, energy trading, innovative financial products and involves key stakeholders around the energy industry.

With the continued development and reform of the LNG market in China, a huge and vibrant natural gas market potentially brought by the countries along "The Belt and Road" is being expected. According to the BP Statistical Review of World Energy 2019, by the end of 2018, the proven natural gas reserves in the countries along with the "The Belt and Road" account for 156.3 trillion cubic meters, occupying 79.4% of the worldwide proven natural gas reserves. The countries along the "The Belt and Road" consumed a total of about 1,685 million tonnes of oil equivalent, which is 51% of worldwide natural gas consumption, among which Russia and China ranked at the second and the third among all of the countries.

As "The Belt and Road" initiative progresses, companies that lead the pack in terms of possessing advanced digital infrastructure and technology will play a central role. As the co-founder of The Belt and Road Initiative Blockchain Alliance (BRIBA), VeChain is confident in enabling businesses and benefiting all stakeholders along the "The Belt and Road" with reliable and proven blockchain technology and infrastructure.

About Shanghai Gas (Group) Co., Ltd.

Shanghai Gas (Group) Co., Ltd. is a wholly-owned subsidiary of Shenergy Group Company Limited which provides energy coverage for the greater Shanghai Metro Area. The business scope of the Company covers the investment, construction, operation, and sales of natural gas pipeline network, production and marketing of manufactured gas as well as operation of liquefied gas. The Company occupies over 90% of the gas market of Shanghai with its customer size and storage & transportation capacity ranking #1 in China.

About VeChain

Launched in 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI, etc. For more information about VeChain, please follow our twitter @vechainofficial or visit our official website www.vechain.com.