DEAP VISION
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  • AI Modules
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  • Company
  • FAQ
  • Quality HSE Standard ISO

AI Agents in DEAP Vision’s AI-HSE Platform

What Can DEAP Vision’s AI Agents Do?

Hazard Detection Agent (via Computer Vision)

  • Monitors live camera feeds using AI
  • Detects unsafe behavior (e.g., missing PPE, falls, entering restricted zones)
  • Sends real-time alerts to supervisors


People Tracking Agent

  • Tracks location and movement of workers across sites
  • Ensures only certified personnel enter high-risk zones (based on digital passports)
  • Assists in emergency evacuations via live heatmaps


Incident Reporting Agent

  • Automatically logs and categorizes HSE incidents
  • Suggests probable causes using pattern recognition
  • Recommends corrective actions based on historical data


Predictive Safety Agent

  • Analyzes behavior, environment, and past incidents
  • Predicts areas or shifts with high accident probability
  • Sends proactive recommendations (e.g., increase supervision, refresh training)


HSE Chatbot Agent

  • Interfaces with supervisors or workers
  • Answers questions like:
    • “Show me all near-miss reports from Zone A last month”
    • “Who entered the restricted zone without certification?”
    • “What risks are predicted for the afternoon shift?”


Compliance Monitoring Agent

  • Tracks training records, certifications, and work permits
  • Flags expirations or violations
  • Ensures real-time audit-readiness for ISO, ESG, or legal compliance


Why Use AI Agents Instead of Traditional Tools?

  • Faster Response: They analyze real-time data and act instantly
  • Proactive, Not Reactive: They predict risks instead of just logging them
  • Scalable: Can handle data from thousands of workers and devices without fatigue
  • Always-On: 24/7 intelligence with no downtime
  • Human-AI Collaboration: They support human teams, not replace them — enabling better, faster decisions

AI-HSE Platform

Adopt The AI-HSE Digital Platform to Your Operation

Comprehensive Safety Monitoring: Automatically detect and track safety violations, ensuring immediate awareness and response to incidents.


Real-time Notifications: Send instant alerts and notifications for safety breaches, enabling swift corrective actions and minimizing risks.


Predictive Analytics: Utilize advanced AI to predict potential safety risks and prevent incidents before they occur, fostering a proactive safety culture.


Centralized Data Management: Store all HSE data in a single, secure database, facilitating easy access, analysis, and reporting.


Enhanced Compliance: Ensure compliance with regulatory requirements through automated tracking and documentation of safety incidents.


Improved Decision Making: Provide actionable insights through detailed analytics, helping management make informed decisions to enhance safety.


Scalable and Flexible: Easily scale the platform to accommodate the growing needs of your organization, with flexibility to integrate with existing systems.


User-friendly Interface: Benefit from an intuitive and easy-to-navigate interface, reducing the learning curve and promoting user adoption.


Customizable Alerts: Tailor notifications and alerts to specific zones and time restrictions, improving targeted safety management.


Permit to Work Integration: Seamlessly link permits to work with the platform, ensuring all safety protocols are followed and documented.


Digital Passport: Track worker movements and time spent in specific zones using digital passports, enhancing accountability and safety oversight.


Enhanced Collaboration: Facilitate better communication and collaboration among teams through centralized data and shared insights.


Historical Data Analysis: Leverage a vast repository of historical HSE data to identify trends, assess risks, and improve safety measures.


Reduced Incident Response Time: Quickly respond to incidents with automated alerts and real-time data, minimizing the impact on operations.


Cost Efficiency: Reduce costs associated with manual tracking, reporting, and compliance through automation and efficient data management.


Continuous Improvement: Enable ongoing assessment and improvement of safety practices through regular data analysis and feedback loops.


Remote Monitoring: Monitor safety conditions and incidents from anywhere, providing flexibility and ensuring continuous oversight.


Worker Safety Engagement: Engage workers in safety protocols through real-time feedback and accountability measures.


Operational Efficiency: Streamline safety processes and reduce downtime caused by incidents, enhancing overall operational efficiency.


Demonstrated Effectiveness: Showcase the platform's success with proven deployments, 


As a member of the Green Community, "DEAP VISION" understands the importance of preserving the environment. Our environmental programs focus on reducing, reusing, and recycling materials used in our manufacturing operations. "DEAP VISION" quality and environmental compliance efforts include the following:



• ISO 9001 Certification

• ISO 27001 Certification

• ISO 14001 Certification

• ISO 13485 Certification

• OHSAS 18001 Certification

• TL9000 Certification

• ISO 17025 Certification



Online Support

To best support our customers, we’ve created a suite of useful interactive online tools

More Information

DEAP VISION SOLUTION

Oil & Gas Industry

Oil & Gas Industry

Oil & Gas Industry

The Energy, mainly oil & gas industry, monitor via Digital  Solution in order to reach 100% performance  expectation target and report all datas in Real Time to HQ Office. Digital Transformation is a key differentiator to compete with new players.

Engineering

Oil & Gas Industry

Oil & Gas Industry

Transform your Analog and optical sensors from  your SCADA control systems in the next Digital Technology for Oil & Gas petroleum chemistry, Refineries and chemical industry. Digital Transformation will eliminate non-productive time and increase profitability

Chemical Industry

Oil & Gas Industry

Wastewater Industry

Chemical manufacturers see increasing profitability & return from Digital Transformation. Maximize value & sustainability with the Digital Plant in Chemicals

Wastewater Industry

Wastewater Industry

Wastewater Industry

Digital High Performance HMI Reduces Cost and Risk, and Improves Operator Effectiveness. Detect potential failures before they happen. Discover root causes, predict future performance, & automate actions to improve quality

Refineries

Wastewater Industry

Midstream : EPF

Refineries industry, also known as Energy Oil and Gas industry, monitor via Digital Solution in order to reach 100% performance expectation target and report in Real Time to Operation and HQ office.

Midstream : EPF

Wastewater Industry

Midstream : EPF

Transform your Early Production Facility (EPF) into a new Digital Process Operation,  to ensure rapid production and improve significant performance production. Thus, these facilities provide early cash flow for oilfield operators 

Digital Transformation Services

Transformation with skills

Design, Transform and Deploy new Operation Process using AI & Digital Technology.  Ongoing strategic collaborations to improve the technological offerings will enhance the industry outlook.


DEAP VISION develop HSE software using AI & digital technologies to automate workflows for maximising productivity, eliminate non-productive time, and increase profitability through the design and deployment of integrated workflows in a cloud native environment.


Mission statements – 


  • Use AI & Secure Technology and Automated Digitized Processes
  • Prevent from fatality Scenarios, reduce risks, improve safety and protect Employees
  • Incorporate AI and automation into business processes for competitive advantage and fast impact
  • Increase Artificial intelligence for better decision making by automating routine and learning
  • Improve your Production, Reduce cost and Improve your entireProductivity


"DEAP VISION" is a startup Tech company with experiences  CEO, President, VP, Senior Consultant, Engineers, Developer and Technician who all worked for more than 20 years in Energy sectors. 


Integration of artificial intelligence to minimize safety risks and enhance the operational efficiency  fuel "DEAP VISION" business activities.

DEAP VISION AI-HSE ENGINE

 AI Engine consolidates data from a myriad of IoT devices, sensors, Employees Digital Passport and various digital tools into a unique AI-HSE platform, marking a significant stride in fatality prevention. This All-in-One AI-HSE management software stands as a comprehensive solution, intricately crafted to cater to the diverse HSE operational demands.

Tracking HSE Non-Conformance

Video Analytics and AI

  

Video Analytics and AI solution, designed to enhance safety, ensure compliance, and increase operational efficiency. Our technology harnesses the power of artificial intelligence to automatically detect abnormal events or non-compliance alarms and provide real-time video, audio, and visual alerts on-site.


Implementing our Video Analytics and AI solution will significantly enhance industry's ability to monitor its operations, detect non-compliance and potential hazards in real-time, and respond swiftly to mitigate risks. This implementation not only bolsters safety and compliance but also aids in strategic decision-making, ultimately leading to improved productivity and operational efficiency.


  

  1. Abnormal Event Detection: Our solution can identify a wide range of pre-configured abnormalities such as Personal Protective Equipment (PPE) violations, smoke and fire alarms, red zone and restricted area breaches, and catwalk irregularities. It aids in immediate      response to mitigate potential hazards.
  2. Real-Time Video, Audio, and Visual Alerts:  The system provides instant alerts on-site in various formats (video,      audio, and visual), ensuring immediate action can be taken to address any abnormalities or non-compliance events detected.
  3. Human Motion Detection: Utilizing advanced AI algorithms, the system can detect human motion within the facility,      aiding in both safety protocols and operational efficiency.
  4. Object Behaviour Detection: The solution includes standard intelligence features that allow the detection of multiple object behaviours, such as identifying abandoned or missing      objects. This feature can contribute significantly to site security and safety.
  5. 24/7 Monitoring: Our solution offers continuous surveillance, ensuring a safe and secure working environment around the clock.

 

Real Time Location System

e-TrackSys

People are primary assets and companies need to know how to keep track of their time, their activities, and their location. The Employee location System“e-TrackSys” collects employee location details while effectively and efficiently enabling improvements in employee safety. The software increases overall organizational performance and automates your workforce with efficient processes while significantly lowering labour costs and improve safety significantly.


Real time Operator location System “e-TrackSys” software for Rigs,  Production Facility, Business Offices, Factory, Plants, Hospitals, Parc, Mines, Construction sites, etc…. The local based IoT solutions will enable Client to quickly and securely implement capability to track, record, monitor and manage employee’s location in real time in the facility. The platform will provide real time monitoring, using IOT, Sensors, RIFD technology and video surveillance, allowing Client security and management team to check location of the employees in the production facility.


HSE and ESG solutions will prevent catastrophe scenarios using multiple criteria as Environment, Health, Safety, Social, Culture with new Digital Surveillance technologies. Artificial Intelligence is fully integrated into Monitoring control surveillance system that allows the user to access real time Data, Cloud services, then drive useful insights for climate change improvement.


“eTracksys” software will protect Environment,  improve Security Access Control and prevent fatality Scenarios using RIFD record location with Digital Video Surveillance technology using Certified Cameras and monitoring system. “e-TrackSys” can be deployed in extreme Harsh environment where Mobile /GPS are not covered or not allowed, or 4G/5G, Wifi where standard communication is accessible. We designed the RFID reader and Video Management Solution for EPF, Plants, Rigs, harsh premise, but can be deployed for Construction sites, Manufacturing, Hospitals, standard main offices, as well etc... The solution proposed is 100% customized as per requirements and local constraints.


The software count, track and monitor when operators are moving inside the facility, or Check-In, Check-Out and come to the facility across all the safety Entry/Exit gates. It detects Gas leaks, H2S, CO2, Methane, using thermal cameras. Time and attendance monitoring are entirely automated and optimized. Facial Recognition, Helmet, Vest and Mask visualisation monitoring and Face Picture will be activated. Face comparison with Card Reader will be added as well in the solution, mainly for the principal entry Gates. Realize list alarm and stranger alarm via face picture library or people trying to enter the facility without RIFD Card.


QHSE App

e-Tracksys App (IOS, Android)

  

Our innovative Health, Safety, and Environment (HSE) App, e-Tracksys, boasts a suite of features designed to revolutionize HSE operations. Here are some of the important descriptions of our application's groundbreaking features:


Real-time Incident Reporting: Our app enables immediate and streamlined reporting of incidents right from the field. Upon detection of an incident, field operators can input critical details directly into the app, ensuring swift response and necessary corrective action.


Observation and Hazardous Situation Reports: e-Tracksys provides an easy-to-use interface for the reporting of safety observations and hazardous situations. This feature fosters proactive safety measures by allowing field operators to alert management about potential hazards before they escalate into incidents.


Near-Accident and Accident Reports: The app empowers operators to document near-accidents and accidents accurately and efficiently. This feature enhances the organization's ability to learn from these occurrences and implement strategies to prevent future reoccurrence.


Fully Synchronized System: All incident reports are fully synchronized into the e-Tracksys App. This means that information entered from one device is instantly available across all devices, ensuring all stakeholders have access to the most up-to-date information. This real-time synchronization feature minimizes communication delays and promotes seamless information flow.


Universal Access: Every operator has access to the e-Tracksys App, democratizing safety and putting the power of incident reporting and hazard identification in the hands of those on the front lines.


Real-Time Safety Alerts: The e-Tracksys App goes beyond reactive reporting by providing real-time safety alerts to all operators. As soon as an incident report is logged, an alert is sent out to all app users. This feature enhances situational awareness, allowing operators to avoid potential hazards and helping to maintain a safer work environment.


In summary, our e-Tracksys HSE App leverages the power of real-time reporting and data synchronization to promote safety in the field. By equipping operators with the ability to report incidents, hazards, and observations directly from their devices, we enable organizations to respond more quickly, accurately, and effectively to HSE issues 

ESG - Tracking Gas Leak

The Environmental Tracking and Reporting module is specifically designed to aid in your organization's efforts to meet environmental commitments and comply with regulatory obligations. This module serves as a crucial tool in generating comprehensive Environmental, Social, and Governance (ESG) reports, a key aspect of contemporary corporate responsibility and sustainability.

e-Tracksys solution with an integrated Gas Emission Monitoring System, designed to meticulously track people exposure zones, monitor gas leaks, and assess air quality to enhance the safety and health of your employees.


 e-Tracksys solution with an integrated Gas Emission Monitoring System, designed to meticulously track people exposure zones, monitor gas leaks, and assess air quality to enhance the safety and health of your employees.


Functionality and Benefits of the HSE Software with Gas Emission Monitoring System:


  • People Exposure Zone Tracking: Our software monitors gas emissions and tracks people exposure zones to assess risks accurately, ensuring that workers are not exposed to harmful levels of gas emissions.
  • Gas Leak Monitoring: The system offers real-time monitoring of gas leaks, which aids in early detection and swift response to potential hazards, preventing accidents and costly operational disruptions.
  • Air Quality Monitoring: The software continuously monitors air quality in and around the worksite. It offers real-time updates and alerts in case of deteriorations in air quality, allowing for immediate remedial action.
  • User-friendly Interface: Our HSE software features a user-friendly interface that is easy to navigate, ensuring seamless operation even for those with limited technical skills.
  • Data Visualization: The system provides visualizations of real-time data, making it easier for your team to comprehend the state of your site's air quality and the extent of gas leaks, if any.
  • Comprehensive Reporting: Our software offers comprehensive reporting capabilities. This feature facilitates the accurate recording and analysis of data related to gas emissions, people exposure zones, and air quality, ensuring regulatory compliance.

Predictive Analytics

AI-HSE Engine to Reduce Risks for Predictive analytics

Integrating predictive analytics in HSE (Health, Safety, and Environment) software, using AI-HSE DEAP Vision Engine, offers significant benefits. This new generation AI-HSE solution can foresee potential hazardous scenarios, substantially reducing the likelihood of fatalities across various industries. By analyzing data patterns and trends, predictive analytics can identify risks before they manifest into accidents or emergencies. This proactive approach enhances workplace safety, ensures compliance with safety regulations, and supports a culture of prevention rather than reaction, leading to a safer and more efficient work environment. 


  

  • Proactive Risk Management: Predictive analytics allows for the forecasting of potential safety incidents by examining patterns in the data. This means that, rather than reacting to accidents after they occur, organizations can take steps to prevent them, ensuring a safer work environment.
  • Enhanced Decision Making: By providing insights derived from historical and real-time data, predictive analytics empowers decision-makers. With clearer visibility into potential risks and outcomes, companies can make informed decisions that align with their safety objectives.
  • Cost Savings: By anticipating equipment failures or safety incidents, organizations can undertake preventive measures, thus reducing the costs associated with equipment downtime, medical expenses, and regulatory fines.
  • Efficient Resource Allocation: Through predictive insights, organizations can focus their resources, be it personnel, equipment, or capital, on areas that require the most attention, optimizing the overall efficacy of safety programs.
  • Continuous Improvement: Predictive analytics provides continuous feedback, allowing companies to refine and enhance their safety protocols and strategies, fostering a culture of continuous improvement.
  • Improved Compliance: Staying ahead of potential safety issues means that companies can better adhere to safety regulations, minimizing the risk of non-compliance and the associated penalties.
  • Employee Confidence and Morale: When employees see proactive measures being taken for their safety, it boosts their confidence in the organization and enhances morale, leading to increased productivity and retention.
  • Enhanced Reporting: Predictive analytics can generate detailed forecasts and risk assessments, aiding in stakeholder communication and demonstrating a company's commitment to safety.
  • Real-time Monitoring and Alerts: Integrated with IoT devices, predictive analytics can offer real-time monitoring, instantly alerting stakeholders to anomalies or conditions that could lead to safety incidents.
  • Long-term Strategic Planning: By identifying trends and patterns, companies can engage in long-term safety strategy planning, ensuring sustainability and consistent safety improvements.


The predictive analytics using AI-HSE software transforms the traditional reactive approach of safety management into a forward-looking, proactive strategy, ensuring immediate safety of the workforce but also the long-term resilience and sustainability of the organization.

Improve your Daily Operation Process using AI

Combines Business Process Management with Digital Technology

The IT segment in the oil and gas industry is set to grow significantly, driven by the increasing need for continuous production monitoring, real-time decision-making, and enhanced return on investment. Major industry players are boosting their IT investments to refine business processes and digital asset management. Collaborations in the sector, especially involving AI in developing digital strategies, are set to positively impact the digital oilfield landscape. Digital transformation represents a company's integration of digital technology, aiming to boost efficiency, value, or innovation. 


Turning Technology into Business Transformation”, digital transformation involves a “radical rethinking of how an organisation uses technology, people and processes to fundamentally change business performance.” The key routes to implement digital transformation are via multiple criteria:


  • Automation of Process
  • Upgrading of underlying technologies (renovating or replacing legacy systems)
  • Elevating the ways to serve customers using AI
  • Integrating with third parties to deliver better customer experiences


It increases Efficiency and Accuracy of processes so that employees can focus on work that is their expertise, It facilitates teamwork by breaking down silos and  improves transparency and strategic oversight, It boosts security and compliance,  It makes the business more agile,  It builds a more rewarding work and workplace culture.


Digitalise the Energy Sector with AI

Artificial Intelligence

Digitalise the energy sector,  leveraging an unparalleled integration of hardware platform with cloud native AI enabled application Improve Processes & Intelligence Artificial.


Integration of artificial intelligence to minimize safety risks and enhance the operational efficiency.  Wide applicability of IoT based systems to collect the data from ongoing operations across smart wells, drilling and reservoir monitoring sites will foster the industry scenario. 


Ongoing industry revolutions along with increasing awareness toward integration of oil and gas sector with cloud-based technologies such as DEAP VISION solution will drive the digital oilfield market size. 


Furthermore, introduction of cloud computing across the industry have facilitated the operators toward the usage of sensors and big data analytics which in turn will optimize the oilfield lifecycle from discovery up till the well abandonment.

Automation Process Integration

Real Time Aggregation Data

Real Time Aggregation Data

Real Time Aggregation Data

Vendor-neutral data aggregation, visualisation, and storage service to ensure data quality and enable performance workflows.

Renovating legacy System

Real Time Aggregation Data

Real Time Aggregation Data

Increases Efficiency and Accuracy of processes so that employees can focus on work that is their expertise

SCADA Software

Real Time Aggregation Data

Performance Optimization

Operations platform with responsive visualisation. Empowering you with a responsive control solution for supervisory, SCADA, MES, and IIoT

Performance Optimization

Visualization Data in 2D & 3D

Performance Optimization

Improve Understanding Of Complex Systems To Collaborate And Engage Customers Differently. Adopt Digital Technology To Unleash The Power Of Your Data For Better Productivity

Visualization Data in 2D & 3D

Visualization Data in 2D & 3D

Visualization Data in 2D & 3D

Generate multiple geological models and  evaluate different field development scenarios harvesting the power of the performance of the  simulator in 2D & 3D

Dashboard Data Reporting

Visualization Data in 2D & 3D

Visualization Data in 2D & 3D

Monitor production data across locations through effective KPIs to improve efficiency. Track production figures, well downtime, production costs, and more

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    Skills & Experiences

    Technical Experience

    Satisfaction Guaranteed

    Technical Experience

    We are well-versed in a variety of Energy domain as Drilling Reservoirs Engineers, Completion, Artificial Lift,  Digital Engineers, etc. Fully trained in Harsh Zones, certified to deploy  solution on Field, HSE, Nuclear Plant, Solar Power, Thermal Power, Offshore, Onshore platform,  Security Pass, Mobile Team

    High ROI

    Satisfaction Guaranteed

    Technical Experience

    Do you spend most of your IT  budget on maintaining your current system? Many companies find that constant maintenance eats into their budget for new technology. Invest in new Digital technology and optimize your productivity. Digital transformation process  is anticipated to surge on account of growing demand for continuous yield tracking, real-time decision support, and enhancing ROI.

    Satisfaction Guaranteed

    Satisfaction Guaranteed

    Satisfaction Guaranteed

    Leading oil and gas players are increasing their IT expenditure in order to improve their business processes and digital asset management solutions. The world of technology can be fast-paced and scary. That's why our goal is to provide an experience that is tailored to your company's needs. No matter the budget, we pride ourselves on providing professional customer service.  

    SUCCESS STORIES

    WoodServ GCC

    Basically, we developed in collaboration with our partner WoodServ a new generation platform that  elevated daily operation. Our solution is an AI enabled secure platform, high performance solution offering SCADA Monitoring System & Control, Real Time aggregation Data, Reservoir monitoring & Performance Optimization. All data are securely digitilized and stored in  private Cloud (UAE) for Data Computing. 


    IOC Client has now a secure access via HTTPS from his office to our Private Cloud to access the data, all data are encrypted. Our solution is fully compliant with ISO 27001 certification Standard security policies.


    Our Digital solution  allow our client to capitalize on real-time information, alarming management, historical retention on wells, and in-depth asset data analytics to make proactive decisions to maximize your production. It  processes real-time sensor data to provide a clear analysis of the reservoir, well, field, and surface network. In this particular scenario, the Digital Platform aggregate more than 650 critical tags from SCADA software system. Tags, such as Temperature Transmitter, Pump Pressure, Oil Tank Level, Compressor Pressure, Fuel Gas Pressure, etc…


    Later soon, our solution will provide engineering models and predictive analytics to help you evaluate, predict and respond to ever-changing conditions. With full field monitoring you will take command of client data to maximize production and reduce downtime. Our edge IoT solutions will enable our client to reduce non-productive time, minimize HSE risk, enhance production and lower total operating costs.

    Success HSE Solution Project in Oman for SLB

    Manual T-Card System

     Current Access control process (Manual T-Card system), for EPF in Oman. No automated process, must checking IN and Out Manually with Security Gard. Weak and not reliable.

    Digital Tracking System

     New Cutting-edge HSE tracking solution powered & deployed by DEAP VISION Platform.  Access to real-Time location data of the movements of all  workers inside the facility.  Improved Safety, reach EHS Standard.

    Smart O&G Facilities with a Lower Carbon Footprint

    Digitize to Decarbonize

    DEAP VISION is working in collaboration with WoodServ,  a leading provider of modular O&G facilities, on delivering solution that optimise hydrocarbon facilities whilst minimising environmental impact :  


    Utilising Data Analytics and creative process design, Green Energy Solutions by WoodServ is focused on the following areas:  


    1 ) Flare Gas Capture to reduce environmental footprint and power Datacentres – GreenGrid

    2 ) Smart Early Production Facilities powered by hybrid energy – Hybrid Powered EPF


    Green Energy Services by WoodServ utilises the aggregated data from the well-site to design and operate its equipment and facilities with the aim of maximising its dependency on hybrid energy, as well as to design and build creative solutions to capture and utilise wasted energy to generate value for our customers.  


    We are committed to becoming a leader within the energy service sector in the reduction of carbon emissions from our facilities, equipment and operations, and to the development of solutions and services that support our clients to achieve their net zero targets  

    Blockchain Technology in Energy Sector

    Blockchain technology transform the energy sector

      

    The oil and gas industry is comprised of thousands of companies. These firms are roughly split into three categories : upstream, midstream, and downstream. The journey of one drop of resource can include hundreds of separate entities, companies, processes, and legal agreements. 


    The implementation of blockchain technology in oil and gas trading can lower costs associated with the maintenance of various trading systems. Furthermore, blockchain can also reduce costs associated with labor, data management, data visibility, settlement delays, and inter-system communication. 


    Blockchain has attracted huge attention and is now being actively pursued in the energy sector. The blockchain technology has four key features that are applied to the different use cases. 

        

    Transparency is guaranteed for all transactions, allowing settlement speeds close to real time and building the basis for traceability and trust between actors. 


    Trust is created through a shared reading of the blockchain, reducing the number of intermediaries. A lower number of intermediaries reduces the cost of compliance, reconciliation and transactions, allowing the creation of marketplaces with lower entry barriers, enabling the trading of smaller quantities. 


    Efficiency gains through blockchain reduce costs: it requires fewer intermediaries, simplifies processes and infrastructures and ultimately increases operational efficiency. The allocation mechanisms can be designed to provide incentives for “good” behaviour throughout the value chain. Operational efficiency is further improved through the digitalisation of assets. 


    Control and security can be provided inherently through the blockchain design. Encryption levels are better for transactions, increased data protection and limited settlement risk and fraud risk. Decentralisation prevents market abuse through monopolies and requires less of the associated legislation, costs and regulatory oversight. 


    It demonstrates that the use of blockchain technology  facilitate and track gas trades reduced overall costs by 30–40%. 



    DEAP VISION LTD

    GCC

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