India’s HPCL to Utilize Blockchain for Verifying Purchase Orders

India’s state-run refiner, Hindustan Petroleum Corporation Limited (HPCL), one of the nation’s largest oil and gas companies, is set to implement a blockchain system for automated verification of purchase orders (POs).

In a joint announcement, HPCL revealed its collaboration with blockchain software firm Zupple Labs. Together, they will integrate Zupple Labs’ blockchain-based digital credentialing technology into HPCL’s purchase order system.