How the oil and gas sector can benefit from tokenization.
According to the World Economic Forum, oil and gas tokenization can increase the liquidity of the markets by $1.6 trillion and the total market size by $2.5 trillion. Companies from the oil sector can receive an additional $1 trillion.
According to the World Economic Forum, oil and gas tokenization can increase the liquidity of the markets by $1.6 trillion and the total market size by $2.5 trillion. Companies from the oil sector can receive an additional $1 trillion. In addition, transferring operations to the blockchain is a positive factor for the environment. In particular, such a move can help reduce CO2 emissions by 13,000 million tons and reduce oil spills by 230,000 barrels.