Ziyen Inc. intends to launch its own soon Security Token Offering. The company focuses its activities on technology integration blockchain from the so-called Internet of Things (IoT), which aims to reduce costs that will be felt by both investors and consumers. All these activities are related to the energy sector, or more precisely - the oil sector.
ZiyenCoin launches STO
Ziyen Inc. issued an official announcement announcing the launch of Security Token Offering (STO) on blockchainie ethereum.
To this end, a new subsidiary was established called ZiyenCoinwhich is to deal with the development of blockchain technology and the Internet of Things, which will ultimately lead to tokenization of the oil sector.
The company's advantage is, among others the fact that it has been cooperating with entities from the energy sector for several years.
Both American investors and investors from other countries will be able to join STO ZiyenCoin, and they will be able to track transactions in the special Etherscan search engine.
What is important, token The company is fully compliant with the regulations of the American Securities and Exchange Commission (SEC), which automatically means acceptance of the AML and KYC protocols.
About Ziyen Inc.
Ziyen debuted in 2016, and originally the subject of its activity were software supporting investors energy sectorand more precisely, providing them with all the helpful information on the oil, gas and energy sectors.
The company was included in the holding the next year Ziyen Energywhich currently includes as many as 18 American entities related to the oil market.
ZiyenCoin is designed to increase the company's market share through activities such as hedging and supporting the development of American oil fields, and STO is to be the source of their funding.
Although Ziyen is not the only company targeting the energy sector, it is one of the few oil-based companies that carries out activities related to the implementation of blockchain technology.
For the board of Ziyen process oil asset tokenization is an introduction to the creation of an innovative energy trading platform, conducive to the dissemination of the tokenization process, while contributing to the creation of a new energy trading ecosystem based on blockchain.