PermianChain: Taking a new approach to the oil and gas sector

Consult, Conserve, Convert & Capitalize to unlock digital oil & gas business-models.

There are two aspects to PermainChain’s approach.

Asset Tokenization

We are using the blockchain to tokenise confirmed deposits of natural resources so that they can be represented digitally as smart contracts on a blockchain network. What this means is that they can be traded quickly, efficiently and legally, without significant brokerage or administrative costs, far earlier than is possible in the current E&P process.

The approach we take is similar to a traditional securitisation process, but the blockchain-enabled functions allow for instant settlement, reduced holding periods, enhanced transparency, and digital automation of the entire transaction process.

If you would like to read our detailed whitepaper, submit your details here.

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