India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).
HPCL has partnered with the blockchain software firm Zupple Labs to integrate its blockchain-based digital credentialing technology into the purchase order system, the firms said in a joint announcement.
Called LegitDoc, Zupple Labs’ verification tech enables HPCL to issue digital POs to its vendors without having to manually verify the PO requests. From a third-party verifier’s perspective, the project provides a facility to directly verify the validity of POs in an automated way on the HPCL website.
“The implementation helps to automate the verification of HPCL POs to external parties,” a spokesperson for HPCL told Cointelegraph. “This works by integrating the blockchain system with HPCL’s internal e-PO and generates tamper-evident verifiable POs,” the representative noted, adding:
“These POs will be dispatched to vendors which in turn can be shared with third parties. Any third-party verifier can directly verify these POs on the HPCL vendor portal verification application.”
According to the HPCL spokesperson, the company has been collaborating with Zupple Labs on the blockchain project over the past six months. “HPCL has completed building the blockchain PO system successfully and the same facility will be made official to the vendors within this month,” the representative stated.
Related: Argentinian oil company to start mining crypto with gas power leftovers
The spokesperson said that HPCL has implemented the blockchain-based PO system on both private blockchain and public blockchain.
According to Zupple Labs co-founder and business lead Neil Martis, the PO verification system has involved the implementation of “two parallel blockchains” used as settlement layers, including the public Near blockchain and the private Hyperledger Fabric blockchain. Martis noted that the latter was used as part of HPCL’s Business Continuity and Disaster Recovery strategy. According to Zupple Labs, HPCL issued 3,000 POs via the facility as of mid-October 2023.
Magazine: The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground report
![As Bitcoin miners move to Kaspa [KAS], will BTC fall even more?](https://coininsights.com/wp-content/uploads/2024/06/Screenshot-2024-06-27-at-12.10.07-PM-120x86.png)
what is clomid medication buy clomid tablets can i purchase generic clomiphene without a prescription can you buy cheap clomid online clomid prescription cost order clomiphene without rx how can i get clomid
The vividness in this ruined is exceptional.
The thoroughness in this break down is noteworthy.
cost zithromax – tinidazole order flagyl cheap
buy generic rybelsus – brand cyproheptadine buy cyproheptadine pills for sale
buy motilium pills – purchase cyclobenzaprine pills buy flexeril online cheap
inderal order online – plavix 75mg tablet methotrexate 2.5mg over the counter
brand amoxil – combivent 100 mcg oral purchase combivent pill
buy generic azithromycin – buy azithromycin 250mg pills order bystolic 20mg generic
purchase amoxiclav generic – atbioinfo acillin cost
purchase nexium for sale – nexiumtous esomeprazole usa
how to buy coumadin – anticoagulant hyzaar order online
order deltasone sale – https://apreplson.com/ order prednisone 20mg generic
mens erection pills – https://fastedtotake.com/ medication for ed dysfunction
amoxicillin online buy – purchase amoxicillin pill oral amoxicillin
cheap fluconazole 200mg – on this site forcan generic
buy cenforce tablets – https://cenforcers.com/ generic cenforce 50mg
cialis is for daily use – https://ciltadgn.com/ safest and most reliable pharmacy to buy cialis
zantac online buy – https://aranitidine.com/# cheap ranitidine 150mg
generic tadalafil in us – https://strongtadafl.com/ purchase cialis online
This is a theme which is virtually to my callousness… Diverse thanks! Faithfully where can I upon the phone details an eye to questions? https://gnolvade.com/
buy viagra soho – where can i buy female pink viagra in the u.k viagra online order no prescription
This website absolutely has all of the low-down and facts I needed there this subject and didn’t positive who to ask. https://ursxdol.com/augmentin-amoxiclav-pill/
More posts like this would force the blogosphere more useful. https://buyfastonl.com/azithromycin.html
More posts like this would add up to the online play more useful. https://prohnrg.com/product/loratadine-10-mg-tablets/
More posts like this would prosper the blogosphere more useful. https://ondactone.com/simvastatin/
More articles like this would make the blogosphere richer.
https://proisotrepl.com/product/tetracycline/
This is a topic which is near to my verve… Myriad thanks! Exactly where can I notice the acquaintance details an eye to questions? http://mi.minfish.com/home.php?mod=space&uid=1411819
order dapagliflozin 10mg – https://janozin.com/# forxiga buy online
xenical tablet – this orlistat usa
The vividness in this serving is exceptional. http://www.orlandogamers.org/forum/member.php?action=profile&uid=29964