Sponsor Profile

PermianChain

Exhibitor
PermianChain

About Permian Token (XPR)

Permian Token ( XPR) is a crypto-asset that underpins Holding rights to the value of proven reserve yet to be produced. XPR enables digital transfer of underlying assets value in the form of digitized value of oil. Thus allowing the utilization of XPR's substantial physical and proven reserves as a means to facilitate commercial and consumer transactions around the world. As the only reserve digital currency we expect XPR will become a critical instrument for preservation of wealth and an ever expanding range of commercial and consumer activities using blockchain technology. XPR uses the letter ‘X’ as a standard ISO 4217 code for non-country currencies and the letters ‘PR’ which stand for Proven Reserves, hence the Permian Token (XPR).

About PermianChain Technologies

The PermianChain harnesses the power of blockchain technology, data science and artificial intelligence to monetise proven reserves not yet produced. PermianChain tokenizes Oil to support XPR related assets and operations. Meanwhile, bringing new levels of efficiency to the sector, removing barriers to investment and potentially making marginal fields profitable.. The PermianChain, which already has secured 250 million barrels of oil equivalent in potential reserves to be listed on its platform intends to revolutionize the way proven natural reserves are bought and sold on a permissioned-access trust-protocol. The firm is at work to become a regulated trading and investment platform.