ASSET MANAGEMENT
A lifecycle history tracking system for assets such as oilfield components and equipment supply uses blockchain technology. Items such as components and assemblies are tracked at various stages that includes recorded environmental data and other information such as testing, certification, transporta...
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creator | Rakhunde, Vikas Hrabak, Zachary |
description | A lifecycle history tracking system for assets such as oilfield components and equipment supply uses blockchain technology. Items such as components and assemblies are tracked at various stages that includes recorded environmental data and other information such as testing, certification, transportation conditions, repair, and use conditions. The tracking uses RFID scanners at various stages and each component and assembly has a unique RFID tag. The relevant information is uploaded via nodes maintained by the various parties and added to a common blockchain and the new data is verified by other nodes. Condition based maintenance and improved inventory tracking is facilitated. |
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subjects | ALARM SYSTEMS CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES HANDLING RECORD CARRIERS ORDER TELEGRAPHS PHYSICS PRESENTATION OF DATA RECOGNITION OF DATA RECORD CARRIERS SIGNALLING SIGNALLING OR CALLING SYSTEMS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | ASSET MANAGEMENT |
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