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Smart Contracts and Sustainability Drive Petroleum Token PTL

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5 months ago

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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

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​Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders

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2 hours ago

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April 2, 2025

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Limassol, Cyprus – 03/04/2025 – (SeaPRwire) – Avenix Fzco announces the launch of Avexbot, an advanced algorithmic trading system leveraging high-quality tick data to enhance forex trading accuracy. ​In 2025, the trading world is buzzing about the importance of top-notch data, the quality of your data can make all the difference between success and failure. There’s a growing trend towards using top-notch data processing to supercharge trading strategies. Avexbot, developed by Avenix Fzco, is leading the charge by seamlessly integrating high-quality data into its algorithmic framework, giving traders a real edge in the competitive forex market.

Why Quality Data Matters More Than Ever

Good trading is all about timing and accuracy. But in fast-moving markets, relying on outdated or poor-quality data can skew analysis and lead to missed or misjudged trades. That’s why dependable, high-resolution tick data is essential. It enables trading systems to track market behavior with more clarity and accuracy, turning raw numbers into real insight.

Foundations Built on Precision

Avexbot has been built and refined using 100% quality tick data from Tick Data Suite (Thinkberry SRL). This long-term, high-resolution dataset gives Avexbot the foundation to interpret market conditions accurately, shape its strategies around reliable inputs, and minimize false signals or missed setups.

Practical Features for Informed Decisions

Avexbot’s design puts this data to work with a feature set geared toward clear, disciplined trading:

  • Candlestick-Based Momentum Mapping: Avexbot calculates average candlestick values over specific periods based on its examination of daily chart data. This methodology serves as the foundation for identifying market trends and determining opportune moments to enter trades. ​
  • Built for GBP/USD on M15: Focused on one of the most traded currency pairs, it balances opportunity and control with a 15-minute timeframe.
  • Intelligent Risk Management: Includes automatic stop-loss settings and real-time position sizing adjustments, adapting to shifting market conditions to protect capital.

What’s Next for Algorithmic Trading

With algorithmic trading expected to grow from $19.95 billion in 2024 to over $22 billion in 2025, quality data and adaptable infrastructure are fast becoming the new standard. Traders using systems built on strong data foundations will be better equipped to handle volatility and evolve with the market.

Avexbot reflects this movement, where clean data meets careful execution. It’s not about chasing trends, but about building a trading system that holds up over time.

About Avexbot

Avexbot is dedicated to providing innovative trading solutions, combining advanced algorithms with expert market insights to enhance forex trading efficiency. Designed for both novice and experienced traders, its expert advisors (EAs) streamline decision-making and maximize profitability. Learn more at https://avexbot.com/.

Media contact

Brand: Avexbot

Contact: PR team

Email: support@avexbot.com

Website: https://avexbot.com/

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Press Release

Asagaia Launches its Gamified App known as 1xMM for DeFi Education & Trading

Published

7 hours ago

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April 1, 2025

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1xMM is a gamified DeFi mini-app that educates users on finance, simplifies trading, and fosters engagement, paving the way for a Metabank.

London, United Kingdom, 1st Apr 2025 – Asagaia Europe Ltd officially announces the launch of 1xMM, on their X account, an innovative gamified DeFi mini-app designed to simplify trading, educate users on financial concepts, and introduce next-generation trading tools. 

Set for release by the end of April 2025, this app working as an MVP for the coming exchange, aims to bridge the gap between traditional finance and decentralized markets, paving the way for a Decentralized Order Book Metabank that will redefine how users interact with decentralized markets and liquidity networks.

In addition, Asagaia, has launched its 1xMM Blockchain Token on Ethereum to support this new Ecosystem and is planning on a series of NFT’s by the end of the year.

 

Addressing the Complexity of DeFi

The decentralized finance (DeFi) market is experiencing rapid growth, with projections estimating an increase from $90 billion today to $350 billion by 2030. 

However, many users face barriers to entry due to the complexity of DeFi platforms. 1xMM seeks to lower these barriers by providing an interactive and engaging educational environment for users to explore DeFi trading safely and effectively.

The app provides a structured onboarding process that allows users to familiarize themselves with DeFi mechanics before transitioning to real-world trading. 1xMM is the first project of Asagaia that will eventually create a real order book same as we find in traditional finance.

Key Features of the 1xMM game

Simulated Trading Platform: Users can trade assets in a safe, practice-based environment, gaining real-world trading experience and test strategies without financial risk.

Gamified Learning Experience: Interactive tutorials guide users through essential DeFi concepts like staking, liquidity provision, and decentralized exchanges. This simplifies DeFI’s concepts through those learning modules.

Reward-Based Progression: Completing trading challenges unlocks incentives, making learning both fun and rewarding while easing the onboarding process.

Integrated DeFi Tools: The app serves as an entry point for new users while also introducing experienced traders to innovative trading strategies and tools.

Beyond its educational and engagement functions, 1xMM serves as the foundation for future developments in decentralized finance. The platform aims to facilitate the evolution of decentralized order books and perpetual staking pools. As DeFi adoption continues to expand, Asagaia Europe Ltd anticipates that 1xMM will play a key role in shaping the next generation of decentralized trading platforms.

The platform aligns with a growing trend of bridging traditional financial tools with DeFi innovations, similar to developments seen with platforms such as dYdX and GMX. By integrating familiar trading mechanisms with blockchain technology, 1xMM seeks to make decentralized finance more accessible to a broader audience.

About Asagaia Europe Ltd 

Asagaia Europe Ltd is a financial technology company dedicated to advancing decentralized financial solutions. With a mission to enhance accessibility and innovation in DeFi, Asagaia Europe Ltd develops products that empower users to engage with blockchain-based financial ecosystems.

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Prestige Yacht Rentals Announces 2025 Summer Season Availability for Private Boat Rentals on Lake Michigan, Chicago IL

Published

7 hours ago

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April 1, 2025

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As summer kicks off in Chicago, Prestige Yacht Rentals invites locals and tourists to experience the city from the water. Operating out of Diversey Harbor, the company offers a fleet of 8 premium yachts ranging from 31′ to 46′. Ideal for events and leisure cruising, each charter includes top-tier amenities and flexible pricing starting at $150/hour. With demand rising for Chicago Playpen boat rentals and private yacht charters, early reservations are encouraged for peak weekends and holiday events.

Chicago, IL – March 2025 – Prestige Yacht Rentals, a private boat rental service based in Chicago, has officially opened bookings for the 2025 summer season. Operating from Diversey Harbor, the company offers a fleet of eight vessels ranging from 31 to 46 feet, providing charter options for a variety of group events including corporate outings, private celebrations, and lakefront cruises.

With convenient access to popular destinations such as the Chicago Playpen and the Chicago River, Prestige Yacht Rentals continues to serve both local residents and visitors seeking an unforgettable way to explore the city’s waterfront. The company emphasizes safe, private charters with weekday pricing starting at just $150 per hour.

“Chicago summers are all about making memories on the water,” said Nasco, owner of Prestige Yacht Rentals. “Our goal is to offer an elevated yet affordable boating experience for those looking to enjoy the city from a different perspective.”

What to Expect Onboard:

Each vessel comes equipped with Bluetooth sound systems, a floating lily pad for added fun, and spacious decks perfect for socializing—everything needed to create the ultimate summer experience on Lake Michigan.

Important Rental Information:

A USCG-licensed captain is required for every charter. Captains are not included in the rental price and are hired separately at an average rate of $100–$150 per hour.

The legal capacity is 12 guests per vessel, not including the captain.

Weekend charters follow a fixed schedule with limited availability due to high demand.

Advance reservations are highly recommended, especially for Memorial Day Weekend, Fourth of July, and the Chicago Air & Water Show.

Now Accepting 2025 Charter Bookings:

Whether you’re celebrating with friends or exploring the lakefront in style, Prestige Yacht Rentals makes luxury boating in Chicago easy and memorable.

For more information or to inquire about availability, visit www.prestigeyachtrentals.com or follow @PrestigeYachtRentals on Instagram and Facebook.

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