Adoption of blockchain technology will enable faster, permissioned, immutable, transparent and auditable business-to-business interactions between companies and their suppliers, distributors, financial institutions, or regulators. We recommend that businesses consider the
following steps to get the most value from blockchain:

• Position your business operation as an early adopter by:
– Identifying the most compelling use cases by considering the highest-value opportunities
– Identifying discrete areas where the attributes of blockchains drive rapid impact
– Using design thinking to simplify the user experience and create agile proofs of concept to drive rapid adoption

• Collaborate broadly to achieve globally accepted standards by:
– Exploring the role of alliances and how profit pools might be redistributed. Then, decide on your role in building and piloting broader business networks
– Consider the blockchain as the new business environment and collaboration as the optimal way of working, then consider with whom you should partner to create the optimal business network

• Scale lines of business with clear revenue models by:
– Looking for new sources of revenue as business models are disrupted by blockchain, for example, consumption-based pricing, licensing and micro-charges and payments
– Exploring how new blockchain-based services and apps can replace, complement or
scale existing revenue models
– Understanding how blockchain might extract further value from other technologies, such as big data analytics, the Internet of Things, cognitive and cloud computing.A major portion of the funds raised from the Permian Token (XPR) initial token offering will be dedicated to acquiring hard assets with Proven Reserves (the “Reserves”) by making a direct investment into existing upstream and midstream companies. The Proven Reserves are the reserves that are explored and identified as an estimated quantity of all hydrocarbons statistically defined as crude oil or natural gas, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions.

The acquisition targets and existing and future portfolio companies will be listed on the PermianChain platform (“Platform Prospects”). XPR tokens will be issued in proportion to the available offerings. Platform Prospects applicable for listing on the PermianChain platform are mainly upstream businesses or public entities with proved undeveloped reserves and existing oil campaigns. The Reserves, once produced, will be sold to the midstream companies on our closed-loop-B2B-exchange via blockchain (PermianChain).


The Company is currently working on the development of a trust protocol for the oil & gas industry with distinct purposes:
a) The first purpose serves as a private trust protocol which traces XPR holders’ interest in the Reserves. The ledger provides information on oil production, oil supply, oil demand and other traces of the underlying Reserves in question.
b) The second purpose is a Blockchain-as-a-Service technology (BaaS) which will serve as a closed-loop-B2B-Exchnge for oil & gas companies (the “PermianChain”). The PermianChain will streamline exploration, production and shipping of oil via blockchain, smart-contracts and multi-signature features.

The third purpose of the PermianChain is to integrate an oilfield Artificial Intelligence and Blockchain for the purpose of generating data that would allow for more
sustainable methods of oil exploration and production. Integrating an upstream artificial intelligence and eventually midstream and downstream components.

d) The fourth purpose of the PermianChain is to allow continued future developments of our technology to trace proven natural resources beyond oil & gas, to allow the world access to proven natural resources.