News

Amalto SA, a leader in Order to Cash, Logistics and Field Data Management and ConsenSys, a global Blockchain company, announced today the formation of Ondiflo, a joint venture to develop and grow a platform dedicated to the automation of all ticket-based processes in the oil and gas industry.

 

Founded by Amalto's CEO Jean Pierre Foehn, Sandro Giannetti, an entrepreneur and startup investor, and ConsenSys' Rana Basu, Ondiflo is an Ethereum Blockchain-based solution that revolutionizes the historically complex and time-consuming ticketing-based processes in the oil and gas industry.

 

Ondiflo leverages pre-existing products developed by each company, including Consensys' cloud-based dashboard TMS and Amalto's Platform 6 to provide the first end-to-end solution for the industry. Ondiflo is built upon an Ethereum Blockchain infrastructure, that automates all steps of the order-to-cash process associated with field services in upstream, midstream and downstream markets.