The ground breaking work of Ziyen Energy and the development of ZiyenCoin, an asset backed blockchain oil and energy token has now been written about by leading Professors and Researchers from Columbia University, University of Florida, University of Michigan, Embry-Riddle Aeronautical University and the Gubkin National University of Oil and Gas.
Alastair Caithness, Ziyen Energy CEO stated,
“The COVID-19 pandemic has had a severe impact on energy demand, as populations across the world face lockdowns, curfews, limited travel, and changing consumer behavior. The continued rise in COVID-19 infections is currently affecting an economic rebound especially hitting the energy industry hard. Despite the challenges facing the industry, Ziyen Energy has continued with our business model and continues to acquire interests in various energy projects. Our work on asset backed tokenization in the oil and energy industry is now being written about by Blockchain Professors from leading Universities, and it is an honor we are now featured in Google Scholars.”
Finance infrastructure through blockchain-based tokenization
Abstract – The infrastructure finance gap has long-standing implications for economic and social development. Owing to low efficiency, high transaction costs, and long transaction time, conventional infrastructure financing instruments are considered to be major contributors to the increasing mismatch between the need for infrastructure development and available financing. Implemented through smart contracts, blockchain tokenization has shown characteristics that are poised to change the capital stack of infrastructure investment. This study analyzed the first SEC-compliant energy asset security token, Ziyen-Coin, from the perspective of the key participants, relevant regulations, and token offering procedures. Results show that tokenization can improve infrastructure assets liquidity, transaction efficiency, and transparency across intermediaries. Conventional infrastructure financing instruments were compared with blockchain tokenization by reviewing the literature on infrastructure finance. The benefits and barriers of tokenizing infrastructure assets were thoroughly discussed to devise ways of improving infrastructure financing. The study also found that the potential of tokenization has not yet been fully realized because of the limited technical infrastructures, regulation uncertainties, volatilities in the token market, and absence of the public sector. This study contributes to the present understanding of how blockchain technology can be implemented in infrastructure finance and the role of tokenization in the structure of public–private partnership and project finance.
Digital Technologies in Supply Chain Management for Production and Digital Economy Development
Abstract – the paper analyzes the development of digital technology and the establishment of blockchain systems in the supply chain management for digital economy development. We examined how blockchain is likely to affect key supply chain management objectives such as cost, quality, speed, dependability, risk reduction, sustainability and flexibility. The authors attempt to classify different kinds of tokens and explain the terminology related to cryptocurrencies. They analyze the economic development of tokens and legal regulation surrounding their usage in supply chain. The study revealed the advantages of using digital technlogies in supply chain management over traditional business management technologies and logistics systems, especially in covid-19 conditions.
In the field of oil and gas production, the American company Ziyen Inc, registered in the state of Wyoming, is of great interest. This company initially developed software for oil, gas, and energy companies in general. Since 2016, it has been developing its own ZiyenCoin, which is based on 18 real company deposits located in the Illinois River Basin in the states of Illinois, Indiana, and Kentucky. Based on the classification of tokens, ZiyenCoin falls into the category of security token, which allows the company to legalize the project in accordance with SEC requirements.
Powering Investment in Clean Energy
Abstract – Diving Into Blockchain Technology With blockchain — a shared, decentralized information record that can pass information from one entity to another in an automated, secure manner — one party initiates a transaction by creating a block, which must be verified by a chain of network computers before the next step begins. The best-known users of blockchain, such as Bitcoin, use it for monetary transactions because blockchain requires no transaction or currency conversion charges from banks or credit card companies. Unlike the unregulated cryptocurrency Bitcoin, however, Ziyen was proposing a new digital currency, called ZiyenCoin, backed by energy assets, that would report to the U.S. Securities and Exchange Commission and follow the agency’s guidelines. Information about each new project, including geological and financial statements and tax distributions, would be available on a newly developed Energy Token trading platform, giving the public the opportunity to invest in its equity through “tokens,” or digital shares. Blockchain tokens representing the asset would be tradable on secondary markets, just like traditional securities. By the end of 2020, the Energy Token platform will make it possible for users to invest in oil and gas projects alongside renewable energy projects for the first time in history. “Today, if someone wants to support renewable energy and the reduction of carbon emissions, they’re fairly limited in their options. They can drive an electric car, put solar panels on their roof, perhaps buy stock in Tesla,” Rogers says. “The tokenization of assets of renewable projects will allow much broader, democratic opportunity for people on the street to invest in these projects.”