Madrid-based energy company Repsol (MC:REP) reported a successful test of a blockchain pilot to improve the quality of safety certification of its products. Cointelegraph in Spanish reported the news on Jan. 15.
Established in 1987, Repsol is a leading energy company that operates in the oil and gas industry, including exploration, development, and production of crude oil and natural gas. In the first nine months of 2018, the company’s net income reached 2,7 billion euros, rising by 37 percent since the beginning of the year, according to Financial Times.