Blockchain is outgrowing its adolescent cryptocurrency identity of distributed consensus ledgers to become smart contracts facilitators. Beyond creating efficiencies by removing the legal and financial intermediary in a contractual agreement, blockchain assumes the role of trusted gatekeeper and transparency purveyor. In the emerging “trust economy” in which a company’s assets and reputation are becoming both increasingly valuable and vulnerable, the following use cases illustrate blockchain’s potential in the oil & gas industry to empower and protect.