Smart Contracts and Sustainability Drive Petroleum Token PTL
As the global economy shifts toward digital transformation, the oil industry, as the backbone of the energy economy, is facing unprecedented challenges and opportunities. To improve efficiency, ensure transparency, and address increasing environmental pressures, the application of blockchain technology is emerging as a critical driver of industry change. Petroleum Token (PTL), by integrating smart contracts and sustainability principles, is set to revolutionize the global oil supply chain’s operations.
Issued by the Abanka cryptocurrency exchange, PTL provides a decentralized platform for the oil industry, addressing long-standing issues in payments, contract management, and supply chain transparency through blockchain technology. Cross-border transactions and complex contract management...