Argentina’s natural gas regulator, Enargas, approved the expansion of a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor servicing over 2 million residents.
According to an announcement on March 18, the system — dubbed Gasnet — was authorized for expansion to the whole country. Before now, the network was used only by Gasnor, a 2 million customer-strong local gas distributor.
A spokesperson from RSK, the blockchain platform used by the system, told Cointelegraph that the regulator pushed for this service expansion due to the advantages experienced by Enargas:
“It is easier to control for the regulator authority and more effective the way that gas distributors share their key processes with the regulator.”
At press time, there is no news of other distributors joining the network. However, IOV Labs — the firm behind RSK — anticipates that others will join soon. Read More...