EEA Member Spotlight with Shell’s Head of Blockchain & Web3, Vikram Seth

As an EEA member, Shell is portion of the EEA assemblage of organizations moving to beforehand Ethereum and thrust manufacture adoption. In the Q&A below, the EEA interviewed Shell’s Head of Blockchain & Web3, Vikram Seth, astir however the enactment contributes to the Ethereum concern ecosystem.

Please present your institution and yourself (i.e., Vikram)

My sanction is Vikram Seth. I’ve spent 12+ years successful the vigor industry, covering commercial, financial, and innovation roles crossed the vigor worth chain. My imaginativeness is to leverage emerging technologies for a planetary modulation towards a regenerative economy.

In the Blockchain and Web3 squad astatine Shell, we pb respective initiatives exploring the exertion of these technologies to make caller concern models to signifier the aboriginal of the vigor sector. 

Shell is simply a planetary radical of vigor and petrochemical companies with operations successful much than 70 countries – serving much than 1 cardinal commercialized and concern customers and astir 32 cardinal customers astatine 46,000 retail work stations daily.

Shell has been progressive successful the blockchain abstraction since 2016 and is simply a founding subordinate of the Energy Web Foundation. We spot integer innovation arsenic a cardinal enabler for the vigor transition, and we are actively exploring respective emerging integer technologies, including AI, Digital Twin, IoT, Metaverse, and, of course, Blockchain.

What archetypal brought you to the EEA, and wherefore did you determine to go a member?

We judge Ethereum and EVM-chains are the gateway to blockchain and Web3 for the concern community. At the aforesaid time, determination are galore challenges for genuine concern adoption and scale-up of blockchain usage cases. Education is simply a cardinal situation to bring non-Web3 natives on connected the journey, and we are excited to spot the EEA code this with its increasing network.

The EEA is besides well-placed to enactment the improvement of planetary standards, taxonomies, and frameworks for the concern exertion of blockchain technology. We request alliances similar the EEA to stock champion practices and occurrence stories and supply absorption to assistance america navigate the concern adoption curve.

What are you presently moving connected with respect to Ethereum? How volition end-users payment from your work?

One country of absorption successful Shell is processing proviso concatenation traceability solutions to supply spot and transparency successful low-carbon vigor products arsenic we accelerate the vigor transition. These solutions are typically built connected Ethereum oregon EVM-compatible chains.

One illustration of this is our Avelia platform, which is built connected the Energy Web Chain. Avelia aims to bring unneurotic airlines, corporates, cargo players, and sustainable hose substance (SAF) suppliers successful a trusted ecosystem to standard the usage of SAF and assistance decarbonize the aviation industry. It provides wide and transparent tracking of the biology attributes of SAF delivered into the aviation fuelling network.

Another large task that has precocious gone unrecorded is Falcon, which we co-developed with Wipro and piloted successful our operations. Falcon is simply a level for concern proviso concatenation management, which was launched connected the Polygon chain. Falcon eliminates the request for a carnal insubstantial way for dense concern instrumentality and uses integer merchandise passports to marque information much accessible, auditable, and trustworthy.

How volition the EEA heighten your organization’s existent efforts?

The EEA tin enactment our travel successful Blockchain and Web3 by:

1. Increasing consciousness for applications of blockchain exertion successful the vigor sector.
2. Sharing champion practices and cardinal learnings.
3. Developing manufacture standards, peculiarly with respect to information privateness and information connected nationalist blockchains.

What EEA programs are you astir excited about? 

Along with the networking activities, we are astir excited astir the Cross-chain interoperability and Ethereum grooming prime (Eth TQ) moving groups.

Cross-chain interoperability is an country of involvement for us, peculiarly to recognize however standards are processing and however these mightiness interaction the method standards we adopt.

We are excited to enactment with the Eth TQ radical to bring much understanding, adoption, and amended prime solutions to the vigor sector.

Learn More and Connect with the EEA:

The EEA enables organizations to follow and usage Ethereum exertion successful their regular concern operations. We empower the Ethereum ecosystem to make caller concern opportunities, thrust manufacture adoption, and larn and collaborate. Join america and lend to our work!

Learn much astir EEA membership and contact [email protected].