SALE BEGINS IN
PermianChain is a blockchain technology that links the entire energy trading supply chain (more specifically oil trading) via a trust protocol (the blockchain) under a closed-loop-B2B-exchange. The PermianChain is the B2B-closed-loop-exchange for oil suppliers and oil buyers & traders.
With over 1.6 trillion barrels of proven oil reserves globally, the Permian token offering allows you to own your share of the world’s proven oil reserves via blockchain with a redeemable digital token that is backed by proven oil reserves.
Developing the PermianChain; a blockchain-as-a-service solution for oil companies to monetize proven reserves yet to be produced. Generating early revenues for suppliers, providing higher discounts to buyers and increasing token value for our community.
Start: 17th January 2019
End: 17th February 2019
Whitepaper: Read whitepaper
Role of Token: A Tokenized Asset Offering (TAO) which establishes an open, secure, transparent direct oil & gas investment ecosystem powered by blockchain technology.
Product Status: ICO
ICO Category: Business ICO
Team Leads: Mohamed El-Masri – Founder & CEO, Roger Muniz – VP, Oil & Gas, Paresh Masani – Blockchain Development Lead
Token Symbol: XRP
Where to Buy token: Permian Website
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