Mercuria sees oil sector going digital with blockchain

The traditionally old-fashioned oil and gas industry could start adopting the technology behind the bitcoin electronic currency within the next year, according to one of the world's largest commodity traders. The commodities world is generally perceived to be one where many basic processes, such as the paperwork needed to load oil onto a tanker, for example, are still fairly archaic. "I don’t know if it is 17th or 18th century, but it's not that sophisticated and ... with today's technolog