OilUSDT Uses Blockchain for Transparent, Efficient Oil Trading
Against the backdrop of a global oil market undergoing dramatic change, the complexity of the trading environment and regulatory challenges are growing. The globalization of the market and the increasing scale of transactions have put the traditional oil trading model under unprecedented pressure. Information asymmetry, cumbersome document processing and high transaction costs have become pressing issues for the industry. To address these challenges, OilUSDT, with its groundbreaking blockchain technology, is working to redefine the transparency and efficiency of the oil trade, bringing far-reaching changes to the global oil market.
As one of the largest commodity markets in the world, the oil market has a complex and extensive trading chain. Market participants include crude oil prod...