The upstream process of the industry is quite complex. Therefore, many companies can end up working on the same project at the same time. Thus, keeping all of these in the record and maintaining them properly is a tough call as of now. That’s why many companies can clash together on what they are working on.

Therefore, using smart contracts to automate all the oil and gas industry projects can actually solve the issues. So, facilitating all the parties within a single contract will actually help out, in the long run, to amuse all the issues at once.