Seismic entitlement processes are complex, challenging to keep compliant, and costly to maintain. STRATO addresses these challenges by recording all transactions in an immutable manner with no single point of failure. This provides greater transparency and traceability for oil & gas companies, service providers, resource holders, and government entities, while enhancing the security of asset transactions, since no single entity has central access to records of all transactions.
Track energy and carbon usage on an immutable ledger with better frequency and automation using IoT devices and STRATO's RESTful APIs. Use smart contracts to automate CO2 impact calculations and tokenize the savings for use in a Carbon Credits Marketplace.
There is no “one-size fits all” approach for ETRMs and different systems suffer from an increasing lack of interoperability with both external partners and other internal systems. As a result, energy traders and middle-office members find themselves in similar situation as before using an ETRM; manually matching data sets for settlement and reconciliation from an evolving list of inconsistent sources. Learn how STRATO can bridge the gap of disparate ETRM systems to improve trade efficiency.