EnergyXchain is a start-up organized with the intent of transforming natural gas midstream transaction management processes by use of blockchain technology. With Energyxchain founders collectively having extensive start-up experence, they are also knowledgeable and experienced players in the natural gas industry. For more than a century, the US electicity and natural gas utility industries have operated in its present physical form characterized by production, transmission, distribution and consumption. More recently - over the past 40 years - the industry has evolved through various policy and regulatory actions to open transaction participation to thousands of parties at a time when digital technologies have enabled transaction functions to talk to each other and perform some functions automatically. Despite this progress, utility transaction management processes have not kept up - still highly segmented and requiring significant human intervention, employing little/none of the digital intelligence and security technology of today's world. Energyxchain's objective is to make progress towards changing that.
