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Blockchain will be used by Indian state refiner HPCL to confirm purchase orders.

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Embarking on a transformative venture, Hindustan Petroleum, a behemoth in India’s oil and gas landscape, unveils its avant-garde blockchain system. This innovation seeks to usher in automated validation for purchase orders, a paradigm shift in operational efficiency.

India’s state-run colossus, Hindustan Petroleum (HPCL), stands at the forefront of this technological leap in the oil and gas domain. Collaborating with the avant-garde blockchain software entity, Zupple Labs, HPCL is set to seamlessly integrate cutting-edge digital credentialing technology into its purchase order system, marking a watershed moment for the industry. The revelation unfolds in a joint proclamation by the two entities.

Dubbed LegitDoc, Zupple Labs’ validation technology empowers HPCL to dispatch digital purchase orders to vendors sans the laborious manual validation process. From an external verifier’s standpoint, this initiative offers a streamlined avenue to autonomously verify the legitimacy of purchase orders, directly through the HPCL website.

A spokesperson for HPCL articulates, “The implementation orchestrates the automation of HPCL purchase order verification for external stakeholders.” This unfolds by intricately fusing the blockchain system with HPCL’s internal e-PO, birthing tamper-evident, verifiable purchase orders. The representative elucidates further, stating, “These orders are disseminated to vendors, who, in turn, have the liberty to share them with third parties. A third-party verifier can seamlessly validate these orders through the HPCL vendor portal verification application.”

As per the HPCL spokesperson, the collaboration with Zupple Labs has spanned six months, culminating in the triumphant establishment of the blockchain purchase order system. The spokesperson affirms, “This facility is poised to be officially extended to vendors within the month.”

Intriguingly, HPCL has architected the blockchain-based purchase order system on both private and public blockchain architectures. According to Neil Martis, Co-founder and Business Lead at Zupple Labs, the validation system operates on “two parallel blockchains.” These encompass the public Near blockchain and the private Hyperledger Fabric blockchain. Martis underscores the latter’s strategic role in HPCL’s Business Continuity and Disaster Recovery framework. Remarkably, Zupple Labs reports that HPCL has issued a staggering 3,000 purchase orders via this avant-garde facility as of mid-October 2023.

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