Automated smart contracts use operational field data to digest real-world events; then apply agreed pricing rules to generate pre-reconciled payments.
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Data Gumbo provides a trusted transactional network for tomorrow’s industrial leaders through GumboNet™, a massively interconnected blockchain network. With integrated real-time capabilities that power, automate and execute smart contracts, our network reduces contract leakage, frees up working capital, enables real-time cash and financial management and delivers provenance with unprecedented speed, accuracy, visibility and transparency. Headquartered in Houston, Texas, Data Gumbo has a subsidiary office in Stavanger, Norway. To date, the company has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator.