- Petroteq announces new office, staff and features for its blockchain platform
- PetroBLOQ is first blockchain platform developed exclusively for the supply chain needs of oil and gas sector
- Oil industry pioneer with history of patented environmental solutions
With its patented and proprietary technologies that produce zero greenhouse gas and zero waste, Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) established itself as a pioneer in the environmentally safe extraction of heavy oils from oil sands and oil shale deposits. Petroteq is about to set another industry milestone with its new blockchain initiative, PetroBLOQ, to become the first blockchain-based platform developed exclusively for the supply chain needs of the oil and gas sector.
Back-to-back press releases issued in March 2018 outline some details of Petroteq’s pioneering initiative. The company’s release on March 9 announced the opening of its PetroBLOQ Blockchain Labs in California (http://nnw.fm/y8JQx). The company has leased purpose-built space and staffed the facility with blockchain and smart contract developers and UX/UI designers. The PetroBLOQ team is focused on developing robust blockchain capabilities, beginning with proofs-of-concept that can be…
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