Crudo Protocol – Oil and Gas products in Blockchain Technology

in #crudoprotocol2 months ago

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Introduction
Hi guys, Shortly I want to show you about Oilconomy – Crudo Protocol Financial Revolution System. How to pay for something in the present era has shifted into the digital sphere. How to pay digitally is considered to facilitate the user and reduce the errors that often occur in payment traditionally. In fact, the traditional way of payment is now almost extinct replaced by digital payments . Crudo Protocol is designed to be the world's first tokenized fiat currency in the world. It is a platform which facilitates the integration of digital currency into daily transactions and makes it easier for the community to use digital currency. The concept of CRUDO TOKEN is to create a digital fiat currency which allows the users to spend their digital currency in everyday transactions, as well as to spend their fiat currency in the digital world without any hassle.

Crudo Protocol platform operating company is decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain technology and its own Crudo token currency, and the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also block chain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more participants in a direct peer-to-peer (P2P) ecosystem. Therefore, the Crudo Tokens wallet would central to every interaction in the ecosystem, and also be secure storage and exchange platform for both crypto currencies and fiat currencies, enabling users to deposit, hold, send, and exchange supported crypto currencies and fiat. Merchants can freely choose and switch between different block chain assets for payments. Users can convert from BTC, ETH, USDT, CRUDO and vice versa, utilize peer-to-peer transfers and exchanges, and pay for merchant services.

What is Crudo Protocol?
Crudo Protocol  — is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency. Such an approach takes the development of logistic technologies to a completely new level and ensures total security and privacy in the whole supply chain.

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The future Aim of Crudo Protocol:

  • Safe transportation: As soon as the client selects and confirms his transport contract, Crudo Protocol a smart-contract with all the participants of the transportation and with the insurance company. The client’s digital money is credited directly to the smart-contract which manages the means of transportation. The smart-contract informs all the participants and starts controlling the fulfillment of the offset ships Crude-oil consumption and waste using blockchain technology.
  • Transport services sales: The carrier informs Crudo Protocol Initiative, about the location of the unloaded crude-oil consumption. This service includes the transportation by the carrier and creates a proposal for the contract or for the participation to the auction for the shipping contract initiation by Crudo protocol is the first web3 ecosystem for people and Businesses in the Oil and Gas industry.
  • Online shipping monitoring: In Crudo Protocol interface the GPS tracking disruptive environmental solution and the data on technical status of the loading are automatically saved in the smart-contract storage and democratizing access to the lucrative realm of crude oil investment.
  • Guaranteed payment for services and efficient paperwork: The carrier terminates the transportation of the goods and transfers them to the Crudo Protocol App owner or the next carrier. The Crudo Protocol receiver makes an electronic mark about the assumption of the responsibility for the products. Upon receiving this mark, the smart-contract performs a money settlement with the carrier. The smart-contract registers and provides the Crudo Protocol App owner’s documents signed in the digital form.

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Conclusion
Logistics is associated with many aspects which are difficult to be taken into consideration in a oilconomy. That is why Crudo Protocol platform has helped to attract experts among the leaders in this field in order to avoid drawbacks overlooked by potential competitors in Oil and Gas sector. And the functions of the system are designed to protect Crudo Coins owners and carriers through the blockchain and the smart-contract technology in order to eliminate possible problems related to trust, information barriers, and legal costs. The target audience of the service operates by providing a user-friendly platform with a low entry threshold models.

** For More Information Connect to Crudo Protocol**
Website: https://crudoprotocol.com/
Twitter: https://twitter.com/CrudoProtocol
Telegram: https://t.me/crudoprotocol
Whitepaper: https://crudo-protocol.gitbook.io/crudo-whitepaper-v1
Instagram: https://www.instagram.com/crudoprotocol

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