How blockchain can support the AM processTekna Big Data "Digital spare parts supply in the energy sector“

Wednesday 15th September 2021

Henry St Aubyn, Data Gumbo VP Services, Europe

SMART CONTRACT NETWORK

Data Gumbo Background

HQ, Houston, 50

2019 2020 2021

Drilling

services #1,

GoM

Drilling

services #2,

NSCS

Drilling

services #2,

NSCS

Water

haulage US

Onshore

Drilling

contractor

#1, NSCS

Drilling

services

#3, NSCSStavanger, 8

London, 1

Smart contract deployments (O&G ops)

GumboNetTM Platform

NIST

encryption

standards

compliant

On going

Soc1 part 2

Audit

Private

blockchain. No

anonymous

participants

Security &

blockchain

review

Multiple security

reviews and

penetration testsEquinor

Technology

Ventures

Saudi Aramco

Energy

Ventures

Carnrite

Ventures

Vernonville

Asses

Managers

Investors

Founded by CEO Andrew Bruce in 2015

Equipment

rental #1, US

3D

Printing,

EuropePilot

Deployment

Problem

Oil Cos and Services Cos wish to take advantage of 3D

printing. This is a new business model

• How do Oil Co & Service Co track IP ownership?

• How can 3rd party printers be used for global

coverage?

• How does Oil Co track required quality certs?

• How can physical custody transfers be certified?

• How can payments be streamlined?

Solution

Utilize a global blockchain network to:

• Track IP and physical handoff points with

associated certifications

• Smart Contracts automate execution of

commercial terms of contracts

• Remove delay, expense and interest from

multiple layers in the payments process

• Integrate whole supply chain to increase

global reach

Value

• Reduce downtime for physical oilfield

operations globally

• Back-office expenses minimized

• Daily visibility to financial exposure

• Enable new business models

• Avoid expenses from multiple layers of

vendor interest charges

• Full audit trail across multiple vendor

systems for payments & certifications

Customer Order MaterialPart QualityProcess Ship Use Invoice

• Company/User

• Legal terms

• Credit information

• Digital Catalogue

Access

• IP rights

• Subscription Status

• Order Quantity/Volume

• Order Time and Date

• Order Status

• Sub supplier orders

• Part ID (serial number)

• Part requirements

• Part certificates

• 3D model

• # Copies allowed

• Material requirements

• Deviations

• Material volumes

• Certificates

• Job / Run ID

• Machine Qualifications

• IP Consumed

• Materials Inventory

• Process Quality

• # Copies produced

• Changes to 3D model

• Part quality checks

• Compliance checks

• Documentation

• Certificates

• Shipment Status

• Date & Time

• Packaging bar code

• Delivery receipt

• Parts installed

• Support

• Guarantees / Legal

• Update customer

inventory

• Invoice status

• Invoice checks

• Auto payment

• Update KPIs /

dashboard / reports

system integration api data exchange

Benefits of Blockchain

September 15, 2021

▪ Encrypted

▪ Distributed ledger

▪ Practically impossible to hack

▪ Instant payment via smart contract

▪ ERP integration

▪ Reduced DSO

▪ Fast pay discount

▪ Cannot change data without other nodes knowing

▪ Immutable record

▪ Order; IP; Mfg. process data; Delivery

▪ Programming logic to automatically drive process based on:

▪ Condition based monitoring

▪ Other operational factors

Secure Traceability Automatable Cost reducing

Houston Office

1334 Brittmoore Road, Suite 175

Houston, TX 77043

281-909-0781

Norway Office

Bryggerikaien 16

4014 Stavanger, Norway

+47 900 64 016

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datagumbo.comTHANK YOU!

Any questions?

You can find us at h.staubyn@datagumbo.com

ove@datagumbo.com