Creating digital trust between independent producers, corporate consumers, traders and sovereign purchasers through the entire supply chain, from price discovery and trading, all the way through to scheduling and tracking logistics, back-office settlements and payments, minimizing transaction backlogs and reducing overall costs. Reconciliation and tracking is streamlined among all services related to the trade lifecycle, with significant improvements in managing settlements and logistics across the supply chain.
OilEx is a blockchain-based modular software platform for hydrocarbons, creating transparency and trust between buyers and sellers through the entire supply chain, from production through sale and delivery. The OilEx platform is designed to relieve both producers and purchasers from the historical analogue transaction burden by providing a digital pathway underpinned by secure document handling, providing for straight-through back-office settlements and payments.
The platform enables the facilitation of physical oil transactions, with greater efficiency throughout the trade lifecycle, more favourable economics for producers, and access to a fair market for all.
Access a broader market of verified network of buyers and sellers to grow your business.
Get peace of mind managing your deal workflow process in one easy to use workspace.
Smart matching algorithm and automated workflow solutions improve deal success.
The platform is structured into four functional modules: Marketplace, Identity, Transactions, and Settlement. Each module will include core features to satisfy customer needs.
A new paradigm of deal discovery facilitating physical oil transactions with greater efficiency throughout the trade lifecycle.
Market Access & Deal Discovery