Secure partnership with petrol stations globally to accept Permian Token as a form of payment.
Create ‘PermianCard’ for the XPR community to use as payment at gas stations globally.
Integrate real-time video tracking of oil well drilling on the PermianChain platform allowing users and investors to track investment activity and development progress.
Open submission for upstream exploration & production companies to list their proven oil reserves fir the future issuance of Security Tokens on the PermianChain platform.
Deploy capital towards approved oil campaigns with over 2,000,000 Barrels of Oil Equivalent (BOE) in proven reserves.
Finalizing all disclosure documents for investment process and filing with regulators for Private Placement Offering and Security Token Offering (STO).
Produced dedicated hard vaults for storing Permian Tokens (XPR) for secure transaction process.
Signed Memorandum of Understanding (MoU) with Schedule 1 licensed bank in Canada for digital custody integration on the PermianChain Platform.
Received Shari’a Certification to recognize the PermianChain and Permian Token (XPR) as compliant with Shari’a law and ethical investment practice.
Commence due diligence on already identified proven oil campaigns.
Finalized developer training with IBM Hyperledger Fabric team for MVP development.
Completion of PermianChain platform prototype, commencing of MVP development stages and appointing global legal specialists for review and finalizing of all disclosure documents and regulatory requirements.
Completed Permian.io website with new branding, new message and a newfound mission to digitize the world’s proven natural reserves.
Started the Technical White-Paper, Technical Architecture and technical development roadmap for the PermianChain platform.
Partnered with Gulf Energy Corporation Limited to establish quality deal-flow and operational know-how in oil & gas exploration & production campaigns.
Appointed Blockchain Developer Lead to start the PermianChain prototype and MVP stages.
Deployment of Permian Token (XPR) smart contract as ERC20 token on the Ethereum network.
Developed the Permian Token (XPR) Dashboard and e-Wallet