OILSC

OILSC

Created using Figma
Created using Figma
Purpose built protocol for supply chains in the drill waste management sectors of the oil and Gas industry based on blockchain Putting oil and gas waste management on the blockchain
Dec 7, 2017
Mar 15, 2018
100% completed
Raised funds - no Data
past
  • 3850 TOKENS
    =
    1 ETH
Token Details
Ticker
TOKENS
Accepted Currencies
ETH
Company Details
Registered Country
Seychelles
Additional Details
Categories
Energy

About OILSC

Increased awareness and legal enforcement of the oil and gas industry’s environmental responsibilities are creating a commensurate need for effective and efficient technologies that help the industry clean the waste products their activities invariably generate.

With their cooperation, Oil and Gas Supply Chain (OILSC) is moving the supply chains and contracts of many of the world’s largest companies, government departments and organisations that specialize in the waste disposal sectors of the Oil and Gas industry onto the block chain. Using bespoke smart contract GUI’s that conform to the current layouts on the Oil and Gas Supply Chain platform we will make this process more time and cost effective and move this process closer to worldwide compliance and a cleaner world.

The Oil and Gas Supply Chain (OILSC) token is designed to be the medium of transaction within a smart contract between the oil and gas company itself and all the drill management and waste disposal service providers. OILSC token will be supported by major companies and organizations with years of experience in providing full services in drilling waste management, solids control and complete ‘backyard’ solutions to required post drilling environmental protection regulations worldwide.

Drill management/solids control/‘backyard’ solutions includes pumping fluid, ‘mud,’ into the well hole to stabilize pressure, reduce friction and to remove drill cuttings. Once topside, the drill cuttings go through a three-stage environmental process to separate the cuttings into manageable waste including removing any naturally occurring radioactive material (NORM) through thermal desorption.

Any residual petrochemicals, up to 20%, are returned to the oil company as part of an Oil and Gas Supply Chain smart contract. Any remaining solid waste is recycled and, also through an Oil and Gas Supply Chain smart contract, can be used in both private and government construction projects, for example asphalt roads, schools, hospitals and housing. The final element is clean water.

This process is well established with blue chip oil and gas operators in compliance with required international health, safety and environmental standards.

Due to the nature of our affiliations/partnerships, the OILSC token, Oil and Gas Supply Chain smart contracts and applications are designed to address the specific issues and challenges within the oil and gas industry. However, we fully believe that these solutions will be adopted as the standard for many Supply Chain needs worldwide.

Features

Oil and Gas Supply Chain can implement smart contracts on its platform.

Technical Info

Ethereum ERC20 standard token.

OILSC Roadmap

  • Q3 2016

  • Developed the concept and gathered feedback from major Oil and Gas companies worldwide.
  • Q4 2016

  • Placed the concept with major Oil and Gas and waste disposal companies worldwide. Agreement signed with major Oil and Gas waste disposal companies worldwide.
  • Q1 2017

  • Contracts and concepts defined agreements signed with participants Alpha test concept.
  • Q2 2017

  • Dashboard development started, tested smart contracts, implement test chain links.
  • Read More
  • Q3 2017

  • Produced OILSC tokens and smart contracts for token sale. Full Token testing on blockchain.
  • Q4 2017

  • MOU signed with blockchain specialist company SIMFORM to develop the App/Platform/GUI's.
  • Q1/Q2 2017

  • Launch ICO, OILSC tokens listed on exchanges. Set up regular supply chains with existing customers. Release multi access dashboards on the Oil and Gas Supply Chain network. Live Beta Testing the App/Platform and GUI's with clients - real use cases.
  • Q3/Q4 2017

  • Set up regular supply chains with existing customers. Full system goes live Roll out to clients. Marketing campaign begins.
  • Q1 2018

  • Expansion of Marketing roll out to further Oil and Gas companies both operators and waste management.
  • Q2 2018

  • Release of the updated Roadmap specifically targeting other industries.

Activity

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1
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Posts:
5
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Views:
237
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Activity:
45
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Merit:
0
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Posts:
23
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Views:
983
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Users:
10
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Year commits:
0
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

OILSC Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

David Clark
Head of Development
unverified
Jignesh Solanki
Concept Development
unverified
Purvak Pathak
Blockchain Developer
unverified
Parikshit Joshi
Blockchain Developer
unverified
Peter Nuttall
Oil & Gas Compliance
unverified
Roger Myers
Waste Management
unverified
Ron Hessler
Oil & Gas
unverified
Bryan Thompson
Engineering
unverified
David Henderson
Head of Marketing
unverified
Simon Yearron
Business Development
unverified
Richard Clark
Accountant
unverified
Nova Dien
Communications
unverified
N/A
5.0 4
ICO Profile Vision Activity Potential Product Team
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