The Permian Token is here to revolutionize the Oil exploration and production industry. Leveraging the power of blockchain technology to monetize proven undeveloped oil reserves starting with the 67.5 million barrels in the Permian Basin. By developing the PermianChain we can efficiently make use of Proven oil reserves without extracting it, by utilizing the economic-value of oil reserves yet to be produced with cryptographic smart-contracts. The Permian Chain will allow oil producing economies or oil suppliers to use the technology to tackle deficits and overcome any shortfalls in growth.
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