India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders. 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 work...