The Smart Refinery Technologies (SRT) for The Oil Refining Industry

Smart Refinery Technologies Group is a group of companies that is implementing a project to create an industrial blockchain for the refining and fuel industries, as well as a project to create on its basis a global network of small-scale refineries based on innovative refining equipment.

SRT uses the blockchain technology to integrate mini oil refineries across the globe in an information network allowing participants to get income from them.

The group of companies consists of:

• Smart Refinery Technologies Group OU (Estonia) is a corporate center that will act as the owner of intellectual property and the recipient of license payments from oil refining companies, including project tokens.
• LLC "Design Bureau" Union "- a company that carries out research and development, the developer of technologies and equipment for oil refining companies.
• LLC Smart Technologies is a company engaged in the production, sale and servicing of oil refining equipment.

Smart Refinery Technologies Objectives

• Enhancing benefits that accrue to society by not only improving the quality of oil by ensuring they comply with safe environmental practices but also increases consumer access to the quality fuel.
• Creation of the world’s first global network of small oil refineries that have economic value for the platform’s participants.
• The active involvement of SRT-coin token holders in developing the platform and receiving revenue.

SRT project aims to solve such problems as:

• High fuel prices due to the complexity of logistics in regions with a shortage of refining capacity, by creating a decentralized network of small refineries with a fast construction cycle and commissioning of smart CPD objects (refining complexes)
• The solution to the issue of severe environmental pollution in developing countries due to the low environmental standards of the oil refining industry will be derived from the production of EURO-5 environmental class fuel based on the SRT Group production modules.
• Thanks to the blockchain technology, it will be possible to decentralize the exchange of oil, vendor verification, transparency through smart contracts, an artificial intelligence system that will help traders, as well as SRT tokens that will allow you to quickly and easily pay commissions. These components will help to solve such problems as: high costs for oil traders, complex payment schemes and high risks.
• By issuing an international fuel card SRT with the possibility of receiving discounts of up to 20% and paying for refueling using both cash and cryptocurrency, the problem of not paying for fuel at gas stations using cryptocurrency is solved.

SRT Features :

• Automation of production processes in fuel-exchange and production processes based on blockchain technology and artificial intelligence.
• Integration with industrial protocols IIoT for complexes, logistics warehouses, payment terminals.
• P2P and smart contract support.
• High transaction speed and the ability to process more than 100,000 transactions per second.
• Low fees - less than $ 0.001 for a transaction.
• Convenience of use of fuel for small and medium business.

Token Info

Token : SRT
Pre-ICO Price : 1 SRT = 0.5 USD
Price : 1 SRT = 1 USD
MVP/Prototype : Available
Platform : Ethereum
Accepting : ETH, BTC, LTC, BCH, DASH
Minimum investment : 50 USD
Soft cap : 500,000 USD
Hard cap : 5,000,000 USD
Country : Estonia

Roadmap

Team

Conclusion

SRT project has all the chances to succeed thanks to the blockchain technology and functionality developed by a team of project professionals. Moreover, the company already has operating successful oil refining businesses with total revenues of more than 15 million dollars, which only gives confidence in the implementation of this project.

Official Information :
Website: http://srtcoin.io/en
Whitepaper: http://srtcoin.io/docs/en/wp.pdf
Facebook: https://www.facebook.com/SmartRefinery/
Twitter: https://twitter.com/SmartRefinery
Telegram: https://t.me/SmartRefinery

Written by budi691 : https://bitcointalk.org/index.php?action=profile;u=1001016
eth : 0x343553E9296E825E6931EDc5b163bDA39515c731