Geographic distribution of oil extraction is a significant challenge for companies, since it complicates logistics processes and leads to the need to organize a complex supply chain. Interaction of several parties requires division of areas of responsibility and effective resolution of disputes when they arise.

The absence of intellectual control of some parameters in the logistics arena presents a problem for the industry and can lead to costly and time-consuming claim resolution efforts that paralyze production processes.

• There is a need for a tool that offers unequivocal data on the quality of execution of logistics processes in a trustless environment, where participants can be assured of reliable data.

• There is a need for a tool that can clearly define responsibility areas for all participants in a logistics process and set parameters for its success.

There is a need for a tool that offers unequivocal data on the quality of execution of logistics processes in a trustless environment, where participants can be assured of reliable data.

There is a need for a tool that can clearly define responsibility areas for all participants in a logistics process and set parameters for its success.

• IoT trackers, or sensors capable of creating and signing transactions. Waves Enterprise facilitates standardized transactions in the JSON format for interaction with the blockchain. This enables integration of a lightweight library into the software of an IoT device and sending transactions directly to the blockchain.

• A high-performance blockchain platform for processing transactions from a large number of trackers ensures throughput of at least 1,000 transactions per second.
• A smart contract. For automating the process of verifying tracker data, the Waves Enterprise platform uses Turing-complete containerized smart contracts that facilitate implementation of an algorithm of any complexity and its decentralized execution in the isolated environment of a Docker container.