NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 03/13/2018 7:11:45 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Unveils Details of PetroBLOQ Platform’s Key Features
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced details regarding the components and features of its anticipated blockchain based oil & gas supply management platform, PetroBLOQ. Among other highlights, some of the targeted capabilities of the PetroBLOQ platform include providing its users and employees with a safer work environment, maximizing production efficiency, and making oil production, facility maintenance and capacity upgrades more cost efficient and transparent. PetroBLOQ also intends on using blockchain to start and end processes and adjust parameters using the data collected by its Internet of Things (“IoT”) sensor network that will be deployed throughout the plant. “PetroBLOQ recently opened its development labs for blockchain solutions for the oil & gas industry and looks forward to being at the forefront of the deployment of technologically advanced solutions for our industry,” Petroteq CEO Alex Blyumkin stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced details regarding the components and features of its anticipated blockchain based oil & gas supply management platform, PetroBLOQ. Among other highlights, some of the targeted capabilities of the PetroBLOQ platform include providing its users and employees with a safer work environment, maximizing production efficiency, and making oil production, facility maintenance and capacity upgrades more cost efficient and transparent. PetroBLOQ also intends on using blockchain to start and end processes and adjust parameters using the data collected by its Internet of Things (“IoT”) sensor network that will be deployed throughout the plant. “PetroBLOQ recently opened its development labs for blockchain solutions for the oil & gas industry and looks forward to being at the forefront of the deployment of technologically advanced solutions for our industry,” Petroteq CEO Alex Blyumkin stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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