Date: 3 months ago   Category: Economy

Gazprom Neft and S7 Airlines transfer aviagas station to technology a blockchain - RIA Novosti, 8/24/2018


MOSCOW, 24 Aug — RIA Novosti. Gazpromneft-aero (the operator of aviafuel business of Gazprom Neft) and S7 airline have developed and have introduced joint smart contracts (Aviation fuel smart contracts — AFSC) based on a blockchain that will allow to increase the speed of mutual settlements when filling planes and also automates planning and accounting of supply of fuel, the press service of Gazprom Neft.© a RIA Novosti / Maxims of Pancakes reports to Pass into an image bank Gazprom Neft has increased volumes of gas stations "in a wing" for 16% "It is experience of use of technologies, the first for the Russian aviation market, of the distributed registers (blockchain). With her help the airline has an opportunity to instantly pay fuel directly when filling in planes without advance payment, bank guarantees and financial risks for participants of the transaction" — it is said in the statement. As have explained in the company, initiating the smart contract through the AFSC system, S7 Airlines transfers information on planned gas station of future flight to Gazpromneft-aero, fixes the preliminary volume of fuel and its price. Data are used for purpose of the specification to the driver of the fuel-servicing truck at the airport. In day of gas station the commander of the aircraft requests from the operator through system the specified fuel volume. As a result the online application is sent to bank of airline for reservation of the necessary sum on the account. Instant confirmation from bank gives start to gas station. After service performance money is charged off, and information on closing of the application for gas station with all reporting documents is transferred to commercial services of the supplier of fuel and airline. Data on transactions with guarantee remain in the AFSC system, all operations are made only according to the scheme claimed by participants of the digital contract that excludes violation of terms of the contract and increases transparency of calculations. "Development and introduction of similar digital services is an important element of the digital platform created in Gazprom Neft for management of logistics, production and sale of oil products. Implementation of projects of digital transformation in cooperation with the largest partners allows the company to reach the new level of technological and operational efficiency already now" — the comment of the deputy CEO of Gazprom Neft for logistics, processing and sale Anatoly Cherner is provided in the message.

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