Anaco Network

Anaco Network

Created using Figma
Created using Figma
ANACO NEWTORK ICO is a future platform of the oil and gas industry built on the Ethereum smart contract. We will accelerate the growth of oil & energy enterprises by providing tools and services that save both time and resources.
Token Sale
Jun 14, 2018
Sep 30, 2018
100% completed
Raised funds - no Data

About Anaco Network

Smart Trades:

One of the most obvious and powerful uses for the digital ledger technology is to provide a reliable and efficient platform for executing and recording energy trades .

With ANACO Ownership is tracked as assets change hands multiple times before settlement. Keeping land title records on a distributed ledger can provide much more efficient updates and data management for joint ownership and interest validations for energy trades

Additionally with Anaco , the introduction of smart contracts, which are essentially computer code stored on blockchain that can execute actions under specified circumstances, should give oil and gas executives greater interest to improve their supply chain and finance activities.

Smart contract technology can result in processes that are faster and more accurate and cost efficient. Also, the parties to a smart contract agree to be bound by the rules and determinations of the underlying code, which in theory should lead to fewer contract disputes

Better Visibility:

Anaco can also help to streamline regulatory filings and reporting by improving transparency.

Regulators are increasingly requiring companies to provide vast amounts of data that can be analyzed to detect non-compliance and other regulatory issues, With current technologies and methods, gathering and cleaning up the required data is a huge burden.

Additionally, Anaco can help improve cybersecurity of critical data, while dramatically reducing data loss and mitigating the cost of breaches


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