OVERVIEW
The greatest revolution that has hit the world ever is the introduction of blockchain technology. It has brought changed to many sectors including the communication sector. Before the idea of blockchain technology came into existence, the centralized system has been controlling users information or data, depriving people's privacy. The emerged of blockchain has brought decentralization to every sector, which gives users the power to become the master of their personal data. Decentralization ensures that data is protected from cyber attacks, data breaches and manipulations.
Every sectors in the world are implementing blockchain mechanism into their system. The communication sector ought not be left out, and this make a group of an expertise team up to create a platform called SRT which its aim is to bring decentralization into the communication industry.
About SRT
Smart Refinery Technologies Group, the developer of innovative technical solutions and equipment for the production of automobile fuels is creating the world's first blockchain platform for the oil refining industry.
Project goal: revolutionary technology services launching in the global fuel market, size of which is more than $ 5 trillion US dollars. Services will be based on blockchain and artificial intelligence (AI) technologies.
Smart Refinery Technologies is an all-up business process support platform, from production to selling fuel to consumers:
Eco-friendly EURO-5 class fuel production management based on manufacturing modules of SRT Group. Trading based on decentralised fuel exchange with smart contracts-based payments. Pay fuel with cryptocurrency - fuel cards with cryptocurrency wallets integration gives an opportunity to pay fuel at petrol stations with cryptocurrency.
Platform advantages:
Fuel exchange and production processes process automation based on blockchain technology and artificial intelligence (AI)
Integration with IIoT industry protocol for complex, logistics depots, payment terminals.
P2P payments and smart contract support.
High transaction speed and the possibility to process more than 100,000 transactions per second.
Low commissions are now more than $ 0.001 for transactions.
An easy-to-use fuel trading instrument for small and medium businesses.
How does SRT work?
SRT is a manufacturer of high-tech refining equipment for little refineries. Its equipment can produce high quality engine fuels (EURO 5 type) only used for production by large refineries. With this new opportunity, little refineries can reduce production expense and rise their revenues and profits.
Filter modules will not be sold; They will be hired for long-term use. For an organisation to lease equipment, a royalty fee (license fee) depends on the volume of procedurering material that is required. It has become the main source of funds for SRT and the projects participants are trading on this platform.
Absence of straightforwardness in how the expense are computed and without utilizing the privilege explanatory calculation, the venders will decide expense for their oil, and it tends to be any expense as long as they get benefits. For example, high expense of oil are because of coordination intricacy specifically to locales with low oil refining. SRT assemble stage is putting forth an appropriate answer for this issue in that through setting up a decentralized system of little oil refineries creation that will guarantee rapid of association and also charging of keen refinery offices.
The utilization of out of date oil refineries
In the creating nations, the utilization of obsolete oil refineries is very uncontrolled in this rules the natural populace is on its ascent. This has influenced such more numbers of individuals as they take in the contaminated air along these lines contracting illnesses. SRT amass stage is utilizing eco-friendly Euro-5 class oil generation that depends on assembling modules of the level. This guarantees quality generation as well as guarantees that the tenants and their surroundings are secured against contamination.
Most parts of the world generally in creating nations, there is an absence of a reasonable trade for the two media and in addition small volumes of fuel. Oil merchants are in this rules enduring enormous misfortunes speciallybecause of the superfluous costs that they cause when they attempt endeavors of dispensing the correct clump of oil items, high expenses and in addition complex count plans. SRT Group level utilizes a decentralized blockchain innovation in oil trade that includes man-made consciousness to help dealers, brilliant contract based clearing henceforth there will be no outsider costs and in addition commissions of SRT tokens among others. This will change the manner in which things are taken care of in the refinery business, and merchants will appreciate joining forces with this level. This is on the grounds that they will never again require outsider mediation to clear their oil as the arrangements will be done straightforwardly and after achieving an assention, a keen contract will be marked, and cash might be discharged after the culmination of the business.
No probability to pay fuel at petroleum stations with digital money
There is presumably that most petroleum stations don't acknowledge digital money installment on the grounds that the procedure of installment is as yet not prominent over the world. This is not at all like the SRT stage that offers you a fuel card that can be utilized universally close by the likelihood to get rebates on the fuel of up to 20% making it feasible for you to gain fuel at low costs. In addition, through this level, you will have the ability to pay for your fuel charges through fiat money and digital currency.
Token SRT
PreICO Price 1 SRT = 0.5 USD
Price 1 SRT = 1 USD
Platform Ethereum
Accepting ETH, BTC, LTC, BCH, DASH
Minimum investment 50 USD
Soft cap 500,000 USD
Hard cap 5,000,000 USD
The SRT project issued up to 100 million SRT-Coin. Share tokens as below :
62% - Tokens for sale.
26% - Team and Advisory Board.
6% - Introduction Program.
3% - ICO organizations and consultants.
3% - Bonus and Airdrop.
2012 = Start-up, establishment of research and engineering project teams to develop technology solutions for secondary refining processes for small refineries, which form the basis of the Smart Refinery project.
2013 = Development of catalysts for gasoline isomerization and diesel dewaxing processes. Successful Laboratory Tests.
2014 = Creation of a mobile container installation. The concept of rapid production deployment in turnkey locations based on the SRT module.
2015 = Early production tests at real refineries. Development of catalytic cracking for fuel oil units to increase the depth of oil refining in small refineries.
2016 = Advanced research, catalyst improvement. Receive requests for installation of production modules from refiners from Russia, US, Kazakhstan, Iraq and others.
2017 = Development of the blockchain platform for automatic license payment management for each Smart Refinery production module, which will operate worldwide.
2Q / 2018 = Starting the blockchain platform. Supply of equipment for modernization of partner refineries in Russia, Kazakhstan.
3Q / 2018 = Run a refinery in Russia (1-2x).
4Q / 2018 = Submission of a patent application, conclusion of a contract with a partner.
2019 = Launch of refineries in the US (2x), as well as refineries in Kazakhstan, Iraq, Bangladesh.
2020 = Creation of a global refinery network (Russia, Kazakhstan, Uzbekistan, Turkmenistan, US, Canada, Mexico, China, India, Indonesia, Iraq, Syria, Egypt, Libya, Algeria, Nigeria, Angola).
USEFUL PROJECT LINKS;
Website Link : http://srtcoin.io/ru
Telegram Link : https://t.me/SmartRefinery
Whitepaper Link : http://srtcoin.io/docs/en/wp.pdf
Ann Thread Link : https://bitcointalk.org/index.php?topic=4905473
Facebook Link: https://www.facebook.com/SmartRefinery
Twitter Link : https://twitter.com/SmartRefinery
Linkedin Link : https://www.linkedin.com/company/smartrefinery
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767745
username: arsenalx420