Ziyen is proud to announce the launch of ZiyenCoin, the first Oil & Energy Security Token Offering (STO). ZiyenCoin will be the first energy focused digital energy currency filed under the U.S. Securities and Exchange Commission (SEC) regulation 506c Security Token Offering and will create a fully trackable and unencumbered worldwide movement of digital currency in conjunction with blockchain supply chain management and blockchain verified contracting.
This concept will have the ability to drive down costs currently experienced by the oil and gas industry and production by removing market uncertainties and finances charges at every step of the way.
Alastair Caithness, ZiyenCoin Co-founder and Ziyen Inc. CEO (on the photo above):
“Major global industries are adopting blockchain technology and our goal at ZiyenCoin is to apply the same principles that banking giants such as JP Morgan & Chase, who recently launched JPMCoin and are now implementing to another key global industry, but we are focused on the oil and energy business”
ZiyenCoin is the First Energy Security Token Offering (STO) under SEC Regulation. D, 506(c) and will only be available to accredited investors through it’s opening round of funding.
Founded in 2016, Ziyen Inc. operates three divisions. Ziyen Intelligence, Ziyen Energy & ZiyenCoin. Ziyen Intelligence specializes business information, contracts, news and information. Developing cutting edge procurement and supply chain software to provide clients with intelligence on industry specific government and private contracts. The company pivoted and created an Oil and Energy Company securing the first oil asset in 2017. Ziyen Energy was created to capitalize on information and opportunities in the oil and gas marketplace with the intent to produce oil in the U.S. with advanced extraction methods and technology implemented and guided by career experts in the oil and gas industry. Ziyen intends to produce oil by securing and developing smaller, marginal oil fields in the U.S. that have been otherwise overlooked by major oil companies yet still provide multi- million- dollar yield potential. Ziyen Energy has 18 oil assets based in the Illinois Basin, which covers Illinois, Indiana and Kentucky. The third division Ziyen Inc. has created is ZiyenCoin, this new division will focus on Oil Blockchain and work with the leading industry players with a goal in developing new technology to cut costs and push down oil production costs.