Press Release
Smart Contracts and Sustainability Drive Petroleum Token PTL
As the global economy shifts toward digital transformation, the oil industry, as the backbone of the energy economy, is facing unprecedented challenges and opportunities. To improve efficiency, ensure transparency, and address increasing environmental pressures, the application of blockchain technology is emerging as a critical driver of industry change. Petroleum Token (PTL), by integrating smart contracts and sustainability principles, is set to revolutionize the global oil supply chain’s operations.
Issued by the Abanka cryptocurrency exchange, PTL provides a decentralized platform for the oil industry, addressing long-standing issues in payments, contract management, and supply chain transparency through blockchain technology. Cross-border transactions and complex contract management in the oil sector are often plagued by high intermediary fees, delays, and information asymmetry, which hinders operational efficiency. The introduction of PTL fundamentally reshapes this industry landscape.
One of the core highlights of PTL is its use of smart contracts, which transforms the traditional, labor-intensive process of contract execution in the oil industry. By utilizing blockchain’s decentralized capabilities, smart contracts automatically execute the terms of agreements once pre-set conditions are met. Payments and settlements are completed without intermediary involvement, eliminating potential errors and delays caused by human intervention and significantly reducing operational costs. Moreover, smart contracts are applied to critical areas such as equipment leasing and transportation services, ensuring the smooth and efficient functioning of the oil supply chain.
PTL’s innovation extends beyond operational efficiency to driving sustainability. As global environmental regulations tighten, oil companies face increasing pressure to comply with stricter standards. PTL provides a powerful tool for companies to monitor their carbon emissions in real time and participate in carbon credit trading. This approach not only helps companies fulfill their environmental obligations but also supports their transition toward greener operations. PTL’s focus on sustainability is a crucial aspect of its value proposition, offering a comprehensive solution that integrates environmental responsibility into the oil industry’s future.
Additionally, PTL empowers participants in the oil industry with decentralized governance rights. Through PTL, industry stakeholders collaborate to establish standards and policies, fostering transparency and democratization in governance. This approach disrupts traditional centralized governance models, allowing a more equal and open decision-making process among stakeholders. The result is enhanced collaboration across the industry and increased transparency in the oil supply chain, reducing risks associated with information asymmetry.
PTL’s long-term vision is not limited to addressing payment and contract execution challenges. Through partnerships with industry leaders, PTL aims to further advance the digital transformation and sustainability of the oil industry. PTL is actively exploring collaborations with environmental projects, using smart contracts to help companies track their carbon footprints and participate in carbon credit markets. By providing these innovative solutions, PTL not only offers businesses more efficient tools for transactions but also supports the oil industry’s transition to a low-carbon economy.
As global energy demand continues to rise, the oil industry will remain a critical part of the world economy for decades. PTL leverages blockchain technology and smart contracts to address inefficiencies and lack of transparency in the oil supply chain, significantly enhancing the reliability of oil transactions. By promoting industry standards and decentralized governance, PTL provides a fresh development path for the oil sector. Its smart contract functionality improves contract execution efficiency, reduces breach-of-contract risks, and enhances automation and transparency across the supply chain.
Looking ahead, PTL will continue to drive innovation and transformation in the oil industry. In an environment characterized by market volatility and price instability, PTL’s automated payment and smart contract system minimizes the risks associated with transaction delays and defaults due to price fluctuations, offering businesses more flexible settlement methods. Abanka, as the issuer of PTL, plans to expand its global reach by collaborating with major oil companies and supply chain partners, promoting PTL’s adoption across the oil sector. These partnerships will increase PTL’s market value and provide users with enhanced security and convenience.
Ultimately, PTL represents more than just a transactional tool—it is a visionary platform for digital transformation in the energy sector. As blockchain technology continues to evolve, PTL will become an essential part of the oil industry’s future, driving greater efficiency, transparency, and environmental responsibility. By enabling decentralized governance and integrating sustainable practices, PTL is poised to redefine the oil industry, ensuring it remains competitive, transparent, and environmentally accountable for years to come. As the world increasingly demands cleaner energy solutions and more efficient supply chains, PTL’s role as a key enabler in this transformation will only grow stronger, offering unparalleled opportunities for innovation, collaboration, and long-term industry sustainability.
Contact name: Saif
Company name: HRG
Website https: https://hrginvestment.com/
Country: UAE
About Author
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.
Dr. Thomas Luke, Ph.D., received a double nomination for the prestigious 2025 Nobel Prize in Peace and Literature.
Prof. Luke’s articles have appeared in peer-reviewed academic journals including The Doctrine of Eternal Security: A Reflection on Perseverance of the Saints and Geography of the Bible: Exploring the Physical and Historical Context of the Old Testament Scriptures.
The Least of These, second edition: has received the 2025 Nobel Prize in Peace Nomination, and his Ph.D. dissertation, Transformational Theology, has also recently been nominated for the 2025 Nobel Prize in Literature Nomination.
“I am humbled to have been nominated for such a prestigious prize, even if I do not win. I also want to thank my loving wife and ministry partner Johana for being another great blessing in my life.
Luke and his wife Johana Carolina Sopacua, MA work together as ministry partners in Bali, Indonesia where they were recently married in October 2024. The nominations for the Nobel Prize in Literature and Peace serve to underscore their dedication to doing good works the world over.
For more information, please visit Dr. Luke’s website: DrLuke.tv
About the Nobel Prize Organization
The Nobel Foundation is tasked with a mission to manage Alfred Nobel’s fortune and has ultimate responsibility for fulfilling the intentions of Nobel’s will.
www.nobelprize.org
Media Contact
Organization: DrLuke.tv
Contact Person: Dr. Thomas Luke, Ph.D.
Website: https://drluke.tv/
Email: Send Email
Contact Number: +17868330570
City: Miami
State: Florida
Country: United States
Release Id: 11012522419
The post SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
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.
Summary: Riema Labs Inc. (Nubit) introduces Goldinals, a Bitcoin-native token protocol designed to unify fragmented asset standards, enable programmability, and bring trustless innovation to Bitcoin.
Grand Cayman, Cayman Islands – Bitcoin’s growing ecosystem has given rise to various meta-protocols like BRC-20, Ordinals, and Runes, creating a fragmented and often inefficient environment for digital assets. Riema Labs Inc. (Nubit), a pioneer in Bitcoin-native infrastructure, has unveiled Goldinals, a unified protocol for Bitcoin assets, a trust-minimized fungible token standard that promises to unify these protocols and bring advanced programmability to Bitcoin, all while adhering to Bitcoin’s core principles of security and decentralization.
What Is Goldinals?
Goldinals is a unified protocol for Bitcoin assets.
Bitcoins unmatched security has solidified its dominance, but its lack of global state and native programmability has limited its utility for asset issuance. Protocols like BRC-20 and Ordinals rely on off-chain indexers, introducing inefficiencies and trust issues.
Goldinals eliminates these pain points by bringing two advancements:
- A unified, trust-minimized protocol that allows seamless interoperability across existing standards like BRC-20, Ordinals, Runes, and CAT. Developers no longer need to design fragmented, one-off solutions for new assets.
- Native programmability powered by BitVM, enabling the on-chain execution of advanced logic such as token gating, multi-signature wallets, and conditional transfers–all without sacrificing Bitcoin’s core principles of security and decentralization.
For developers, Goldinals offers an ERC-20-inspired API—Deploy, Mint, Transfer, and Burn–making it intuitive to create scalable applications. For users, Goldinals ensures that all operations are validated directly on-chain, delivering a seamless, secure, and unified experience for Bitcoin-native assets.
Unifying Bitcoin’s Asset Ecosystem
Bitcoin’s asset ecosystem has become a tangle of competing protocols, each with its strengths and limitations. BRC-20, for example, enabled native tokens on Bitcoin but relies heavily on centralized indexers for state management, creating vulnerabilities. Ordinals revolutionized data inscription but offers limited programmability. Other protocols, like CAT, require changes to Bitcoin’s consensus rules, which makes widespread adoption impractical.
Goldinals solves these problems by unifying Bitcoin’s asset ecosystem into a single standard that combines compatibility, security, cost-efficiency and scalability. Key features include:
- Full compatibility with existing protocols like BRC-20 and Ordinals, ensuring that developers don’t need to reinvent the wheel to build new features.
- Interoperability across applications, enabling seamless integration of both current and future innovations.
- Trust minimization, achieved by validating every operation directly on Bitcoin using zero-knowledge proofs (ZKPs) and BitVM, eliminating reliance on centralized services or external indexers.
- Reduced transaction costs and improved scalability, powered by ZKPs for state compression and BitVM for off-chain computation. This ensures even complex operations are efficient, cost-effective, and secure.
Goldinals creates an environment where wallets, exchanges, and developers can operate without fragmentation, turning Bitcoin into a cohesive platform for decentralized finance, token issuance, and programmable assets.
Goldinals: The Gold Standard for Bitcoin Assets
Goldinals doesn’t merely address Bitcoin’s current challenges–it redefines its future. By combining trust minimization, native programmability, and ecosystem unification, Goldinals enables applications and assets that were previously unimaginable on Bitcoin. From trustless crowdsales to DeFi protocols, Goldinals is paving the way for Bitcoin to become the ultimate platform for decentralized innovation.
As Bitcoin’s ecosystem continues to expand, Goldinals is set to become the definitive standard for fungible tokens, driving adoption and innovation across the network.
To learn more about Goldinals and explore the full research, check out the detailed whitepaper here: https://www.nubit.org/Goldinals.pdf
About Riema Labs Inc. (Nubit)
Building the Trustless World Computer for Bitcoin.
Founded by UCSB professor Yu Feng, Riema Labs Inc. (Nubit) is building the Trustless World Computer for Bitcoin, enabling open scaling through Bitcoin-native technology. Riema Labs Inc. (Nubit) lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain.
X (Twitter): https://x.com/Nubit_org
Linktree: https://linktr.ee/Nubit_org
Company Name: Riema Labs Inc.
Contact Person: Xavier Teh
Contact Email: Xavier@riema.xyz
Website Link: https://www.nubit.org/
Company Logo: Riema Branding Resources
About Author
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
BitRivals Announce Initial Alpha Offering in AlphaLauncher.io – A Whole New Generation of Web3 Gaming
BitRivals, the revolutionary Web3 gaming platform, will have an Initial Alpha Offering via AlphaLauncher.io on January 13, 2025, at 2 PM UTC. This date represents a new important milestone in BitRivals’ quest to rewrite gaming rules, allowing users to join a decentralized, player-centric ecosystem. It is here to introduce the new play-to-earn model, where actual rewards for gaming are possible and give ownership of in-game assets in ways never seen before.
The BitRivals IAO occuring on January 13, 2025, at 2 PM UTC on AlphaLauncher.io. The total raise is $200,000, and the IAO will be in the USDC. One token will be sold for $0.01. The offering will be on the Base blockchain, and participants can buy up to $999 per wallet. There will be a structured vesting schedule: 20% of the tokens at the TGE, then a 15-day cliff, then linear vesting over the next five months. More than that, BitRivals provides a 24-hour ClaimBack policy, which makes the platform very flexible and game-fair to every participant.
What’s special about BitRivals?
BitRivals is not just another Web3 gaming platform; it’s a different paradigm regarding how users interact with these digital ecosystems. BitRivals focuses on just three basic principles of change that will alter how users experience gaming:
Ownership redefined through the implementation of blockchain technology, BitRivals hands over to players complete ownership over all their in-game assets. In full tokenization of assets, one can trade, sell, or keep them in ownership at any moment. The amount of control placed in a player’s hands thus re-positions it to assume an authoritative stance above the dictations that traditional game models often bring on in-game.
BitRivals uses the FCFS model with no restrictions so that anyone can participate in the IAO. The processes are so uncomplicated and open that whether one is a fresh beginner or an old hand at Web3 has little bearing on this, so let it be all-inclusive.
A Seamless Experience for Participants
Events such as the IAO will take place on AlphaLauncher.io, one of the more trustable platforms for blockchain-based token launches. Users seeking to participate in the BitRivals IAO are invited to follow the simple steps:
- Visit AlphaLauncher.io: Head to the platform’s website to get started with the IAO registration process.
- Setting up your wallet on the base chain: Ensure your wallet is set to interact with the Base blockchain, which hosts the BitRivals ecosystem.
- Learn More About BitRivals: To learn about the game, ecosystem, and many other things, check out the website BitRivals.
- Join on January 13th, 2025, at 2 PM UTC: Be prepared to purchase BitRivals tokens when the IAO goes live.
How to Get Involved:
For more information about the IAO, interested parties can visit AlphaLauncher.io for more details and preparation for the January 13 launch. To learn more about the BitRivals platform, its roadmap, features, and vision for the future of gaming, visit the BitRivals official website at: https://bitrivals.com
About BitRivals
BitRivals is a gaming powerhouse that enables gamification powered by Web3. Its main core can empower every player with real rewards and possession over their virtual items. At the core of the BitRivals initiative lies an offer of value that will break new ground in decentralization for players and industry developers while cultivating a truly player-centric environment in gaming.
About AlphaLauncher.io
AlphaLauncher.io is one of the top-notch launchpads, home to some of the most innovative projects leading in Web3. Embodying a high level of transparency, security, and end-user experience, AlphaLauncher.io will provide full support in enabling game-changing initiatives such as BitRivals.
For more information, please refer to AlphaLauncher.io and BitRivals’ official website.
Press Contact:
Spencer Kolssak
Manchester UK
bitrivals.app
About Author
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.
SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE
Riema Labs Inc. (Nubit) Unveils Goldinals: The Unified Protocol for Bitcoin Assets
BitRivals Announce Initial Alpha Offering in AlphaLauncher.io – A Whole New Generation of Web3 Gaming
Absolutely Princess: A New Children’s Classic by Mayra L Santana Warms Hearts Post Launch
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
Pandora’s Box and Cabo Ella Group Inc Join Forces to Launch “The Perfect 8th”
-
Press Release6 days ago
Driving Change Pafikabgunungkidul.org Sets New Standards for Sustainable Development
-
Press Release6 days ago
MEXC Unveils First-Ever Launchpool Project with Xterio (XTER), Featuring Airdrop+ Rewards
-
Press Release3 days ago
UBX Global Tour 2025: A New Era for the Web3 Industry
-
Press Release6 days ago
KiteboardingWays Revolutionizes Adventure Tourism in El Gouna with Innovative Kiteboarding Experiences
-
Press Release5 days ago
Maestro Labs acquires Flowrite to build the largest independent AI Email Assistant on the market
-
Press Release5 days ago
“2025 Rising Miners Cloud : Rickys Booster Delivers Professional-Grade Services for Miners in 2025”
-
Press Release5 days ago
ONIX Exchange Focuses on Building a Safe and Efficient Digital Asset Ecosystem
-
Press Release3 days ago
Revolutionizing Photo Editing with AI-driven Algorithms: Leawo’s PhotoIns V4 Offers One-Click Photo Perfection