In 2022, the market for blockchain in oil and gas was estimated to be worth USD 100.8 million.
The market for blockchain in oil and gas is anticipated to increase at a CAGR of 70.50% from 2023 to 2030, reaching USD 7198.72 million in 2030.
Provenance tracking is the most popular category of supply chain management.
Automated payments, by smart contracts and automation, are the notable segment.
The peer-to-peer energy trading category is anticipated to exhibit the highest CAGR during the projection period.