Smart Refinery Technologies Group integrates mini oil refineries in a global information network on the basis of blockchain, so that participants can get income from oil refineries located around the world. The mission of Smart Refinery Technologies is to implement blockchain technologies into oil processing industry on a global scale.
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Smart Refinery Technology (SRT) ICO Information
|Name||Smart Refinery Technology (SRT) : The World's First Blockchain Platform for Production Management and Automobile Fuel|
|Token Price||1 SRT = 1 USD|
|Token for Sale||62,000,000 SRT (62%)|
|Pre-Sale Date||05/01/2018 - 06/15/2018|
|Private Sale Date||06/15/2018 - 07/23/2018|
|Token Sale Date||09/23/2018 - 10/25/2018|
|Token Sale Closes [ ] from now|
The initiator of the Smart Refinery Technologies Group project, initiated in 2012, is a developer and supplier of high-tech oil processing equipment for small and mediumsized oil refineries. The company has developed technological processes and equipment for small tonnage oil refineries, based on new generation zeolite catalysts. The proposed equipment will significantly (often by several times!) increase the profitability of small oil refineries by increasing the oil processing depth and improving the quality of oil products - gasoline and diesel fuels. SRT equipment is easily integrated into existing mini oil refineries, and also allows to rapidly create new production facilities of motor fuels, where there is a need for fuel and an available access to raw materials (oil or gas condensate).
To ensure the rapid development of the network of oil refineries, based on SRT Group technologies and equipment, a model of preferential lease of equipment will be applied, with payment of license fees only for the factual volumes of raw materials processed. Thus, oil processing companies will be able to introduce new processes without risks and start making profits within a short time. And the company will be able to obtain longterm sources of revenue in the form of lease payments and license fees from oil refiners.
The most efficient way to realize the business processes within the framework of this concept is using blockchain technologies, automatically collecting information about oil processing equipment’s operational parameters and settling the accounts between the participants on the basis of smart contracts, using the crypto-currency of the platform.
Today there is no such blockchain platform in the world, based on which it could be possible to realize a similar business model involving the relationship among equipment suppliers, oil processing companies, and investors in oil processing projects. Existing blockchain platforms do not take into account the specifics of business processes in the industry and do not have hardware integration (IoT) with the equipment, which is critically important for the success of blockchain implementation in this sector.
A deep understanding of the principles of market functioning, the company's own technological competence in engineering and supply of equipment to oil processing companies, as well as the experience of implementing IT platforms at manufacturing enterprises and developing blockchain applications, provided the basis for taking the strategic decision to create the first of its kind blockchain platform for oil processing industry, which will function in accordance with the accepted industry standards.
Technical architecture of Smart Refinery Technologies (SRT) blockchain platform is based on the principles of creating open source applications that combine templates of smart contracts, toolset for their building, and infrastructure for their operation. SRT platform will work on the basis of Ethereum, using consensus mechanism Proof of Authority (PoA) Consensus mechanism PoA in the SRT network is chosen to reduce delays and operating costs. It will be possible to quickly display the status of a private network in a public network, in order to ensure the immutability and integrity of data.
«Industrial Internet of Things» (IIoT, «Industrial (manufacturing) internet of things») will be an important component of SRT blockchain platform. It is a distributed network infrastructure, integrated with automatic process control system (АSU ТP) of industrial equipment. It will include digital sensors and interworking protocols for assembling the sensors and controllers of the automatic process control system into a local network, and integration into a blockchain. This will allow the automation of collection of data regarding equipment operations, transactions for payment of license fees, and provision of global service support from the equipment supplier’s engineering center.
Accounts between the members of blockchain platform will be settled using SRT-coin tokens (ERC20 standard). SRT blockchain platform will provide convenient tools and templates for, creating smart contracts, automatic collection of data regarding equipment operations, settlements of accounts and transactions between companies.
The architecture of business processes and settlement of accounts between the participants of the blockchain platform is designed in such a way as to ensure their compliance with the already existing international laws and laws of countries, where the economic activities will be carried out, including refining of oil at oil refineries.
Due to open architecture of the Platform its features can be used by all interested suppliers of equipment for the oil processing industry, which will open the possibility for them to enter the global market more simply.
In the traditional economy, large companies have the advantage. The rich become richer, because they have greater opportunities. In a decentralized economy, the blockchain creates equal opportunities for everyone. Smart Refinery Technologies blockchain platform will be an effective industry solution that unites a large number of small and medium-sized companies - equipment manufacturers, engineering companies, oil refineries, petroleum product traders.
|Accepting||ETH, BTC, LTC, BCH, DASH|
|Restricted Countries||China, United States of America|
|Min. Purchase||10 USD|
Business Development Director in China
Blockchain advisor, Doctor of Science, professor
Advisor of digitalization of construction projects
Start-up, the building of the research and engineering team of the project to develop technological solutions for secondary refinery processes for small oil refineries, which became the basis of the Smart Refinery project.
Development of catalysts for the processes of gasoline isomerization and diesel fuel paraffin removal. Successful laboratory tests.
Creation of mobile unit-containers. The concept of rapid launching of production in any place on a turn-key basis based on SRT modules.
Beginning of production tests at real oil refineries. Development of a catalytic fuel oil cracking unit for increasing the depth of oil processing at small refineries.
Continuation of research, improvement of catalysts. Receiving requests for the installation of production modules from oil refiners situated in Russia, the United States, Kazakhstan, Iraq, etc.
Development of a blockchain platform for the automated management of license payments for each Smart Refinery production module that will operate worldwide.
SRT-Coin ICO. Start of operation of the blockchain platform. Supply of equipment for modernization of partner oil refineries in Russia, Kazakhstan.
Launching of refineries in Russia (1-2).
Submission of patent applications, conclusion of contracts with partners, commencement of buying out of tokens.
Launching of oil refineries in the USA (2) and oil refineries in the Kazakhstan, Iraq, Bangladesh.
Creation of a global network of oil refineries (Russia, Kazakhstan, Uzbekistan, Turkmenistan, USA, Canada, Mexico, China, India, Indonesia, Iraq, Syria, Egypt, Libya, Algeria, Nigeria, Angola).
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|Author : asrinur||Bitcointalk|
ETH (ERC-20) Address: 0x86Ad36da59310683CfE8C2c66e798D2e636413fF
Bitcoin Address: 16DcB1iCq9rQ4PKQZUU8XhNcQ5qRCPmGsZ