While the oil and gas industry has a great history of collaboration on engineering and technology and is the source of many pioneering inventions, it is also highly regulated, under significant competitive pressures, and capital intensive, which has resulted in the creation of barriers to the sharing of information at an industry level, Rana Basu says. That’s why he and his Co-Founder Jean-Pierre Foehn decided to start Ondiflo, with the goal of delivering the benefits of IOTs, machine learning, and blockchain technology.

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