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We have seen an explosion in digital adoption from businesses across the supplychain over the past year, with COVID induced remote working putting a knife into the stranglehold that manual processes had in some corners of the industrial businessworld. No more hiding behind thousands of opaque emailtrails.
This effectively requires completion of not only geophysical surveys, but also geotechnical surveys, including in situ boring and sampling at foundation locations, prior to COP submission. The provisional bidder would then become the “winning bidder” pending favorable completion of the government’s post-auction reviews.
This distributed ledger technology creates an immutable record of every energy transaction, ensuring complete transparency and accountability. Real-time data sharing enables better decision making across the entire energy supplychain. Smart contracts automatically execute energy trades after meeting predetermined conditions.
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