PermianChain Technologies is a Toronto-based start-up that is focused on bringing efficiencies of the blockchain to the oil and gas sector.

Trading oil and gas is currently complex, slow and fundamentally inefficient. Agreements are cumbersome and difficult to transfer without adding costs and there are so many different steps involved in the process of getting oil and gas from upstream through mid-stream to downstream, that the knock-on effect of delays at any point can be significant and costly.

The PermianChain platform delivers an open, secure, transparent and direct oil and gas marketplace powered by blockchain. It will increase the efficiency of oil and gas trading, make ownership more transparent and help the entire sector move more efficiently.

Our team is made up of professionals with backgrounds in oil and gas, finance, law, investment banking, IT and ICT, blockchain, data science and marketing.

Our mission is to operate a Blockchain Platform-as-a-Service (BPaaS) for issuing digital-assets against proven natural resources, enabling stakeholders to enjoy increased transparency, efficiency, liquidity and profitability.

Our goal is to eliminate the high barriers to entry and introduce more sustainable financing and working capital solutions for the exploration and production of proven natural reserves globally.