Quote from: Bitugene on January 08, 2018, 07:21:28 PM

Quote from: ayasemoon789 on January 04, 2018, 10:36:50 AM

Quote from: nxnqauff on January 02, 2018, 04:17:41 PM

This is the technical overview given by a member in BITUGENE telegram channel. Is that you?

"When the oil prices is strong, people will look for alternatives on getting cheaper oil.

Some cheaper methods that can be solved in theory immediately are :

1) Reducing the amount of hands involved in moving a barrel of crude from point a to b ( the lesser hops crude has to go , the cheaper per barrel )

2) Clear and concise payment ( as of right of this moment price without further delay ) - instantaneous settlement with clear visibility.

3) a reduced amount of time which may take days is now reduced to mere hours = lesser waiting time on inventory cost
Which is part of the roadmap within bitugene under sections
-solutions
-technical overview"

This explains a lot together with your great view.

Reduce the intermediate links and thus reduce the price of oil? That blockchain technology will reduce the middle part of many industries

The Bitugene Project will not reduce the price of Crude oil and its products. It is a channel for fast settlements - basically speaking.

Ah, thanks for the clarification

terencemk

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