We are a technology company, dedicated to providing a physical oil marketplace powered by a proprietary blockchain to enable independent crude oil producers to access a global market for the marketing and sale of their production; allowing buyers to access production that would otherwise be inaccessible or uneconomic to acquire or trade.
By marketing physical commodities on a blockchain solution, producers, traders and consumers benefit from faster exchange of trade conditions, improved data integrity, and enhanced reliability with all records verified in real-time.
This decentralized and highly scalable platform connects buyers and sellers in a seamless manner from purchase to delivery and payment. This results in the creation of a versatile digital environment for commodities transactions for sovereign, industrial and corporate purchasers with access for speculative investors.
OilEx creates a digital trust through the entire supply chain
Optimizing pricing by connecting to a broader set of buyers and traders
Accessing an untapped network of trusted independent producers
Opening the market to verified buyers and sellers, while simplifying and digitizing complex workflows
Improving crude oil supply chain intelligence
Creating a new OilEx industry
Digitalization of crude oil transactions
Supply chain management
Improved trust between parties
Immutable track record of buyers and sellers
Performance rating system
ESG Values and Compliance