In early 2019, Ziyen will launch the first oil & gas Security Token Offering (STO) to be regulated by the SEC, ZiyenCoin, creating a fully traceable and instantaneous movement of cash. This revolution will have the ability to push down the price of oil production by removing volatilities and finance changes at every step of the way. STOs have the potential to fully reinvent and redefine today’s system, as well as capture anywhere from 3-5% cost savings in transaction costs alone. During this session, Mr. Caithness will provide real examples of utilizing STOs and the benefits you can achieve, beyond the guaranteed cost savings, such as a fully transparent transaction history, navigating or eliminating the volatility of oil prices, added security and removing other disruptive factors that may impact oil prices. The speed at which this is happening and changing the way oil will be traded makes this a session you cannot miss or risk being left behind.
- Alastair Caithness, Founder & CEO, Ziyen