Press Release

OilUSDT Uses Blockchain for Transparent, Efficient Oil Trading

Published

5 months ago

August 16, 2024

Against the backdrop of a global oil market undergoing dramatic change, the complexity of the trading environment and regulatory challenges are growing. The globalization of the market and the increasing scale of transactions have put the traditional oil trading model under unprecedented pressure. Information asymmetry, cumbersome document processing and high transaction costs have become pressing issues for the industry. To address these challenges, OilUSDT, with its groundbreaking blockchain technology, is working to redefine the transparency and efficiency of the oil trade, bringing far-reaching changes to the global oil market.

As one of the largest commodity markets in the world, the oil market has a complex and extensive trading chain. Market participants include crude oil producers, transportation companies, traders, refineries, and end users and consumers. Each link plays a vital role, from crude oil extraction, transportation, processing to sales, involving a wide range of processes and interlocking.

In addition, the problem of information asymmetry is prominent in the oil market. Due to the globalization of the market and the diversity of the participants, the information available to the parties in a transaction is often asymmetric. One party may have more information about market dynamics or price movements, while the other party is at an information disadvantage. This asymmetry not only leads to a lack of trust in the market, but also increases risk and uncertainty in the trading process. For example, with lagging information, certain participants may take advantage of the information advantage to trade unfairly, resulting in market injustice.

Inadequate regulatory mechanisms are also an important factor affecting market efficiency and stability. In traditional oil trading, the lack of effective real-time monitoring and data validation mechanisms makes it difficult for regulators to effectively supervise all transactions. This makes it difficult for fraudulent behavior and operational errors in the market to be detected and corrected in a timely manner. For example, false transaction records or unaudited contracts may lead to the proliferation of false information in the market, increasing the risks in the market.

Blockchain technology in oil trading:

OilUSDT’s blockchain platform is based on decentralized distributed ledger technology, which ensures that all transaction records are recorded and verified in real time on the blockchain. The application of this technology makes every transaction tamper-proof, thus increasing the transparency of transactions. For example, in a cross-border crude oil transaction, the OilUSDT platform realized the whole process of tracking from producer to buyer through blockchain technology, ensuring the integrity and authenticity of the transaction.

The Optimizing Role of Smart Contracts:

In traditional oil trading, contract execution often relies on complex manual processes and cumbersome documentation. Typically, the parties to a transaction need to confirm and enforce the terms of the deal through a large number of written contracts and instruments. These documents cover everything from prices, delivery times, payment terms, and other contractual terms. The contract execution process often requires multiple signatures and confirmations, which is time-consuming and prone to errors or omissions.

OilUSDT revolutionizes this situation through smart contract technology. Smart contracts are self-executing contracts whose terms and conditions are written directly into the code in the blockchain. These contracts are capable of automatically executing, validating and enforcing the terms of the contract, reducing the need for traditional human intervention. Specifically, smart contracts offer the following advantages:

Automated Enforcement: Smart contracts are able to automatically enforce contracts when preset conditions are met by writing code that embeds the terms of the contract into the blockchain. For example, once the oil delivery is complete and verified, the smart contract can automatically generate a payment instruction to quickly complete the payment operation. This automation reduces manual processing time and errors and ensures accurate execution of contract terms.

Real-time verification: The smart contract can verify the conditions of contract execution in real time, thus ensuring the compliance and integrity of the transaction. For example, during the transaction process, the system can automatically check whether the delivery time, quantity and quality are in compliance with the contract and provide timely feedback on the results. Such a real-time verification mechanism reduces disputes caused by inconsistent contract execution.

Reduced costs: The automated processing of smart contracts reduces the need for manual intervention and lowers the overall cost of contract execution. Various processing fees, audit costs and document processing costs involved in traditional contract management can be significantly reduced. In addition, the automation of smart contracts shortens the transaction cycle and increases the efficiency of transactions.

Increased Transparency: All execution processes of smart contracts are recorded on the blockchain, creating a tamper-proof transaction history. This transparency allows every step in the contract fulfillment process to be tracked and verified, increasing trust in the marketplace and reducing the likelihood of fraudulent behavior.

Industry experts’ perspectives:

According to Henry Taylor, Principal Fellow at the International Society of Petroleum Engineers, “OilUSDT’s adoption of blockchain technology in oil trading is a forward-thinking innovation. It not only enhances the transparency of the market, but also optimizes the trading process through the application of smart contracts. This technological advancement will greatly contribute to the standardization and modernization of the industry.”

Policy environment and future outlook:

Policy support for blockchain technology is increasing globally. For example, the recently released EU blockchain strategy document states that the application of blockchain technology in financial transactions has significant potential and encourages countries to conduct pilots in related areas. These policy directions provide a favorable policy environment for OilUSDT’s development and facilitate the promotion and application of its technology in the oil market.

Through the innovative application of blockchain technology, OilUSDT is leading the transformation of the oil trading market and providing practical solutions to improve transparency and efficiency in the industry. As the technology continues to mature and the policy environment is further optimized, this innovation is expected to have a profound impact on the global oil market.

Contact name: TiffanyC

Company name: Greyscale

Website https: https://www.grayscale.com

Email: Tiffanycgreysc@gmail.com

Country: America

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Press Release

$RIVAL Token Launching on 16 January: Pioneering AI Agents in Gaming

Published

55 minutes ago

January 16, 2025

Cloud PR Wire

Bit Rivals, a Web3 platform for generating AI Agents trained on hundreds of games, announced the upcoming listing of its native token $RIVAL on Base network with trading pairs on Uniswap and MEXC live on 16 January. This follows a successful round of IDO sales and private funding and marks the inception of Rival AI Agents, coming to the Virtuals platform in late January.

This milestone comes after Bit Rivals successfully raised over $1M through private funding, backed by key players like the Telos Foundation, Oasis Ventures, Chaitech Ventures, Lavender Capital, and Decubate.

Bit Rivals leverages AI and live game data to create a platform that is both rewarding for the gamer and useful for the developer. It uses in-game stats such as kills, headshots, assists, etc. to track player progress, assign rewards, and learn how to better play the game. Gamers can play individually or go head-to-head in the arena, staking the $RIVAL token against their friends. With more than 60,000 players and more than a million sessions recorded, Bit Rivals is set to transform gaming forever.

Bit Rivals plans to generate volume with regular utility of the $RIVAL token through its wagering and AI generation systems. $RIVAL will be required as a fee for all competitive matches and for all AI agents using Bit Rivals data. With 60+ AAA games (including major titles such as Fortnite, Dota 2, Apex Legends) already integrated and 100+ Web3 games in partnership, Bit Rivals employs a litany of data to refine next-level AI agents. AI agents are used to help gamers elevate their gameplay through professional level coaching and gameplay suggestions. AI agents will also be used to help game developers balance their games and token economies.

The listing of $RIVAL on MEXC and Uniswap is set to enhance liquidity, access, and exposure for the token. Scheduled to go live on Thursday, January 16, 12 pm UTC, this move is expected to attract a broader audience of investors and users, solidifying Bit Rivals’ position as a trailblazer in the Web3 space. The Bit Rivals platform’s future plans include the launch of AI Agents in late January, followed by the release of its own platform for agent generation and a competitive system powered with the $RIVAL token.

Be part of the future with Bit Rivals and the $RIVAL token. Mark your calendar for the token launch on 16 January and take your gaming experience to the next level with cutting-edge AI Agents, rewarding gameplay, and competitive opportunities.

For more information about Bit Rivals, visit: https://token.bitrivals.app/

About Bit Rivals

Bit Rivals is a pioneering web3 platform that facilitates real time in-game data analysis. With AI-driven technology, Bit Rivals empowers users to play games, engage in communities, and earn rewards. The platform’s vision centers on innovation and connecting traditional gamers to Web3.

Website l X l Telegram

Name: James Butler

email: hello@bitrivals.app

company: Bit Rivals LLC

Location: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines

Disclaimer:
Please note that this press release contains information related to financial and cryptocurrency content. The content provided is for informational purposes only and should not be considered as investment advice or opinion. Trading, investing, and holding cryptocurrencies involve risks, and you should consult with a financial advisor before making any investment decisions. The company mentioned in this press release, Bit Rivals LLC., does not guarantee any specific returns or profits related to its native token, $RIVAL, and trading or investing in cryptocurrencies should be done at your own risk. Please conduct thorough research and exercise caution while engaging in any financial transactions.

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Press Release

Cables Finance: The Coming Perp DEX Unlocking RWAs with Liquid Staking

Published

55 minutes ago

January 16, 2025

Cloud PR Wire

Yield, Hedge, and Trade—Unlock Real-World Assets with Liquid Staking

Cables Finance is shaping the future of liquidity with an RWA Liquid Staking Platform, soon to be enhanced by the launch of Cables Perp DEX designed to support the DeFi 2.0 economy and leverage existing access to traditional FX markets.

In 2025, one of DeFi’s biggest blind spots is the lack of practical tools for engaging with real-world currencies and commodities on-chain, highlighting the importance of bridging centralized and decentralized financial systems through CeDeFi.

Cables is addressing this by introducing yield-bearing stable assets and a perpetual futures DEX to integrate non-USD currencies, real-world assets (e.g. commodities), and FX markets directly into Web3. By offering tools to earn, hedge, leverage, and trade globally, Cables is building infrastructure that allows liquidity to move seamlessly across its rails, integrating core DeFi elements into a unified CeDeFi system, a true example of DeFi 2.0

Introducing Cables Finance

By blending centralized efficiency with decentralized transparency, Cables is creating a trusted ecosystem where FX can be executed on-chain. Leveraging Cables’ access to Shift Markets’ existing $5 billion daily fiat volume ecosystem across its multi-party white-label exchange network, Cables eliminates the need for banks or convoluted setups. Instead, it provides simple, powerful tools to take control of global trading and hedging.

The Problem: Limited Access to Comprehensive Financial Instruments

DeFi’s growth has been remarkable, but its lack of access to real-world assets leaves traders without practical options for hedging or earning yield. For instance, a trader in Europe looking to hedge exposure to the euro or earn yield on euro-based assets is often forced to rely on costly currency swaps or foreign banking systems.

The issue extends to users seeking to diversify into non-crypto markets like FX or commodities. While DeFi platforms have advanced in crypto trading, they rarely address real-world assets. Users wanting to trade gold, equities, or multi-currency portfolios must rely on centralized exchanges or legacy systems, reintroducing counterparty risks and inefficiencies.

Restricted Tools for Hedging and Yield

Real-world assets (RWAs) are largely inaccessible in DeFi, with few mechanisms to unlock liquidity for staking or yield generation. Cables addresses this by making liquid RWAs a cornerstone of DeFi’s future and opens up large volume liquidity around Cables’ infrastructure and utility.

The Limitations of Yield in Web3

Web3’s yield-bearing assets are dominated by USD-based stablecoins like USDC and USDT, ignoring the needs of users outside USD-centric economies. Yield opportunities are fragmented across staking, lending, and liquidity pools, requiring complex setups that introduce inefficiencies, fees, and risks.

Those seeking to hedge currency risks or earn yield tied to regional economies are left without meaningful participation. The USD-reliant system perpetuates a global imbalance, keeping DeFi disconnected from broader financial systems.

The Solution: Unlocking a Multi-Trillion-Dollar Market

Cables Finance is transforming decentralized finance by integrating real-world assets (RWAs) into DeFi, addressing the long-standing limitations of USD-centric systems. Through a phased approach, Cables introduces yield-bearing stable assets and advanced trading instruments, creating a financial ecosystem that enables users to earn, hedge, and trade across global markets with greater accessibility and efficiency.

Phase One: Transforming DeFi with Liquid Staking for RWAs

Cables Finance is establishing the foundation of its ecosystem with yield-bearing stable assets such as cEUR, cJPY, and cXAU. These liquid staking tokens (LSTs) allow users to earn yield, trade commodities like gold, and manage currency risks, all through decentralized on-chain tools. Supported by a hybrid system of on-chain and off-chain FX derivatives, these stable assets offer consistent yields and stable valuations tied to real-world economic conditions. This approach transforms liquidity into a dynamic financial resource, connecting traders and liquidity providers while setting the stage for more advanced trading instruments in the ecosystem.

Phase Two: Unleashing DEX Instruments for Growing RWA Liquidity

Cables Finance is set to launch its Perpetual Futures DEX, a trading platform designed to harness the growing liquidity generated by its yield-bearing stable assets. Unlike most perpetual DEXs, which are tied exclusively to USD-based funding, Cables introduces support for non-USD bases like cEUR, cJPY, and cXAU. This innovation allows traders to access global markets in currencies and commodities that align with their local economies, removing barriers created by traditional USD-dominated systems.

The Perp DEX offers a unified interface for trading crypto, FX, commodities, and equities. With hybrid infrastructure that combines low-latency off-chain order matching and secure on-chain settlement, traders can execute leveraged positions and manage multi-asset portfolios efficiently.

By connecting the yield generated from stable assets with deep liquidity pools, the Perp DEX enables traders to hedge currency risks, open diverse market positions, and manage exposure with tools traditionally reserved for centralized platforms.

Hunger for Change: Redefining What’s Possible

Cables is charging into 2025 with bold infrastructure and regional expansion, particularly in Asia, to address Web3’s gaps. In Q1, yield-bearing stable assets like cEUR, cJPY, and cXAU will launch, unlocking global yield and hedging tools tied to real-world currencies and commodities.

Cables launching marks the beginning of a transformation, breaking away from USD-dominated systems and laying the foundation for a perpetual futures DEX that unifies crypto, FX, commodities, and equities. This is the new frontier of DeFi, powered by the $CABLE Token—and it’s just the beginning.

About Cables Finance

Cables Finance is a Perpetual Futures DEX that will be launched in 2025 along with a Liquid Staking Token platform for enhanced liquidity.

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Press Release

Welcome to NeuraSwap—your gateway to decentralized AI finance (AiFi)

Published

15 hours ago

January 15, 2025

Cloud PR Wire

At the heart of the GPT Protocol, NeuraSwap redefines how we interact with the AI-driven economy. Our easy-to-use AiFi Hub empowers investors, creators, traders, and developers, fostering innovation and collaboration in a decentralized ecosystem.

What is NeuraSwap?

NeuraSwap is a decentralized AI finance platform, designed to unlock opportunities in the AI economy. By seamlessly integrating tokenized AI projects, agents, and data, NeuraSwap facilitates collaboration and exchange within a secure and transparent environment. As the official decentralized exchange (DEX) of GPT Protocol, NeuraSwap is a hub for:

Utility token staking
Premium launchpad access
Lending networks
NFT discovery

All of this is underpinned by our commitment to accessibility and inclusivity on a global scale.

Getting Started with NeuraSwap

Jump into the NeuraSwap ecosystem with ease:

Engage with the Community: Join us on Twitter, Reddit, Discord, or Telegram to stay informed and connected.
Use Our Platform: Swap between cryptocurrency AI tokens on the GPT Chain. Expansion to BNB Chain, Polygon, Ethereum, and Arbitrum is coming soon.
Tokenize Your Portfolio: Add liquidity to token pairs and earn trading fees. Stake liquidity provider (LP) tokens in Yield Farms or Maximizers to grow your holdings.

NeuraSwap’s proprietary utility tokens, NEU and GPT, power the platform. NEU incentivizes liquidity, while GPT serves as the native gas token and provides governance benefits.

Upcoming Features

NeuraSwap continues to evolve, with exciting features on the horizon:

Staking Pools: Stake NEU or GPT tokens to earn rewards from partner projects.
Liquidity Bonds: Purchase bonds with LP tokens and receive discounted NEU or partner tokens over time.
Reserve Bonds: Use stablecoins or blue-chip tokens to secure discounted project tokens that vest gradually.

How NeuraSwap Empowers AI Crypto Projects

AI crypto projects partnering with NeuraSwap gain access to a suite of strategic benefits:

DEX Listing: Easily list AI tokens on our decentralized exchange.
Advisory Services: Leverage our expertise to enhance your project.
Partnership Ecosystem: Connect with our robust network of collaborators.
Co-Marketing: Expand your audience through targeted campaigns.
Treasury Diversification: Use Liquidity and Reserve Bonds to strengthen your financial foundation.

Why Choose NeuraSwap?

NeuraSwap is more than a platform—it’s a movement shaping the future of AI and blockchain technology. Our decentralized exchange ensures permissionless, anonymous, and efficient trading, fostering an inclusive marketplace for AI projects and participants. With innovative fundraising tools and cutting-edge blockchain integration via GPT Chain, NeuraSwap is poised to lead the AI token economy.

Mission, Vision, and Values

Mission: Empower investors, creators, and developers through a secure and open AiFi platform.
Vision: Drive global innovation in AI and blockchain, becoming the leading platform for collaboration and development in the AI economy.
Values: Inclusivity, trust, and innovation guide every aspect of our platform.

Get Involved

Discover NeuraSwap today, whether you’re a DeFi veteran or new to decentralized AI finance. Visit our “I’m New Here” section for a Quick Start Guide, or contact Support for assistance. Join the revolution in AiFi and help shape the future of the AI-driven economy.

Stay connected and up-to-date with NeuraSwap: