The industry first affected by the revolution presented by the Blockchain and Cryptocurrency is clearly the financial industry. Because basically the financial industry is a third party / giant intermediary that we trust to record and move the money we have.
With a blockchain that eliminates intermediaries, it will give more money to the owners of money in making transactions. The income of financial institutions that mostly come from transaction fees will be very threatened
XPetroleum is the next generation oil platform based on the blockchain Ethereum with smart contracts. We are building one of the biggest oil economy trusts on the Blockchain. XPetroleum will revolutionize the oil industry and make it transparent. The oil industry is one of the most important markets in the world, the size of the oil market is $ 1.7 trillion. The Blockchain offers many features to make work in the office more efficient: Transparency, financial transactions, Enabling performance-based contracts, tracking sources for authenticity, Safe, Cost and Time. Our goal is to establish a Xpetroleum Oil Company if we reach our soft limit. Then we will start doing various petroleum activities.
Project objectives
The main goal of developers is to create a new generation oil platform based on the smart contract Ethereum, which provides the following opportunities for the oil industry:
- confirm the authenticity of the product;
- track place of origin;
- transparency of operations;
- low cost;
- high security;
- low transaction processing time;
- elimination of intermediaries between suppliers and consumers.
The XPetroleum platform work will be provided by the Blockchain technology, which allows the storage and exchange of data between participants on the same basis. Due to the fact that this technology uses decentralization, the Xpetroleum platform will completely eliminate the need for third party services.
All actions on the platform will be carried out based on a smart contract, which is concluded between two or more parties. This agreement can include many functions carried out in response to certain actions of the parties to the agreement. Such solutions will ensure safe operations and increase their transparency.
If necessary, each participant will be able to track the oil production site, the time of delivery, and a number of other parameters included in the process of trading this valuable resource.
The platform's main currency is XPL tokens, which can be stored in a wallet that supports the ERC20 cryptocurrency standard. It is possible to buy these coins only during public sales.
token sales
Token Sale is a modern crowdfunding method that allows us to issue Digital Tokens in return for investment. This token sale event allows participants to contribute to XPetroleum and receive XPL tokens. The maximum XPL token supply is 80 million tokens. During the Sales Token, the Token exchange rate will be as follows: 1 XPL = $ 0.15 USD. The minimum purchase amount is 0.1 ETH. XPetroleum's initial contributors receive a 35% bonus during the Pre-Sales round. All unsold tokens will be burned at the end of the ICO. All tokens have the same value and functionality. To buy XPL tokens, you must send the desired amount of ETH to the Ethereum Smart Contract address that is published on the Buy Token page on our website. Never send ETH to any address other than what we publish on this website's Buy Token page. The exchange rate is updated for each investment during the Token sale (We use Etherscan.io for ETH exchange rates). XPL is an ERC20 token that functions as a currency on the XPetroleum platform
ROAD MAP
For more information, you can visit one of the following links;
WEB; https://www.xpetroleum.com/
WHITEPAPER; https://xpetroleum.com/docs/WhitePaperXPetroleum_en.pdf
E-MAIL; support@xpetroleum.com
TWITTER; https://twitter.com/XPetroleum_xpl
TELEGRAM; https://t.me/XPetroleum
MEDIUM; https://medium.com/@xpetroleum
REDDIT; https://reddit.com/u/xpetroleum
INSTAGRAM; https://reddit.com/u/xpetroleum
Author: Gunawan82
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=966506
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