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Blockchain in Oil and Gas Supply Chain: A Literature Review from User Security and Privacy Perspective

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Human Aspects of Information Security and Assurance (HAISA 2023)

Part of the book series: IFIP Advances in Information and Communication Technology ((IFIPAICT,volume 674))

Abstract

Blockchain’s influence extends beyond finance, impacting diverse sectors such as real estate, oil and gas, and education. This extensive reach stems from blockchain’s intrinsic ability to reliably manage digital transactions and supply chains. Within the oil and gas sector, the merger of blockchain with supply chain management and data handling is a notable trend. The supply chain encompasses several operations: extraction, transportation, trading, and distribution of resources. Unfortunately, the current supply chain structure misses critical features such as transparency, traceability, flexible trading, and secure data storage - all of which blockchain can provide. Nevertheless, it is essential to investigate blockchain’s security and privacy in the oil and gas industry. Such scrutiny enables the smooth, secure, and usable execution of transactions. For this purpose, we reviewed 124 peer-reviewed academic publications, conducting an in-depth analysis of 21 among them. We classified the articles by their relevance to various phases of the supply chain flow: upstream, midstream, downstream, and data management. Despite blockchain’s potential to address existing security and privacy voids in the supply chain, there is a significant lack of practical implementation of blockchain integration in oil and gas operations. This deficiency substantially challenges the transition from conventional methods to a blockchain-centric approach.

U. Kishnani and S. Madabhushi—These authors contributed equally to this project.

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Acknowledgement

We would like to thank the Inclusive Security and Privacy focused Innovative Research in Information Technology (InSPIRIT) Laboratory at the University of Denver. We also thank the Birla Institute of Technology, International Campus in Muscat, Oman, for their assistance during the initial research phase. Any opinions, findings, conclusions, or recommendations expressed in this material are solely those of the authors.

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Authors and Affiliations

  1. University of Denver, Denver, CO, USA

    Urvashi Kishnani, Srinidhi Madabhushi & Sanchari Das

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  1. Urvashi Kishnani
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  2. Srinidhi Madabhushi
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  3. Sanchari Das
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Correspondence to Urvashi Kishnani .

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Editors and Affiliations

  1. University of Nottingham, Nottingham, UK

    Steven Furnell

  2. University of Plymouth, Plymouth, UK

    Nathan Clarke

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Kishnani, U., Madabhushi, S., Das, S. (2023). Blockchain in Oil and Gas Supply Chain: A Literature Review from User Security and Privacy Perspective. In: Furnell, S., Clarke, N. (eds) Human Aspects of Information Security and Assurance. HAISA 2023. IFIP Advances in Information and Communication Technology, vol 674. Springer, Cham. https://doi.org/10.1007/978-3-031-38530-8_24

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  • DOI: https://doi.org/10.1007/978-3-031-38530-8_24

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  • Print ISBN: 978-3-031-38529-2

  • Online ISBN: 978-3-031-38530-8

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