NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Developing Solution to Oil and Gas Industry Supply Chain Difficulties

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, recently endeavored to develop a blockchain platform to help solve oil and gas supply chain issues. An article discussing the company’s new technology reads: “PetroBLOQ will be the first blockchain-based platform to exclusively serve needs related to the supply chain within the oil and gas industry, addressing issues like cost constraints faced by participants within the industry. It is anticipated that those who use PetroBLOQ will save both time and money and will also benefit from improved transparency, which the blockchain offers, making navigation of the constantly changing global market much easier and giving companies a competitive edge within the oil and gas space.”

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