The Small-Cap Company Looking To Spark A New Oil Boom - InvestingChannel

The Small-Cap Company Looking To Spark A New Oil Boom

Forget everything you thought you knew about the oil and gas industry.

Blockchain technology could be about to unleash a major change throughout the whole energy market and this tech is a perfect match for oil and gas.

A little-known company called Petroteq Energy, Inc. (TSX:PQE.V; OTCQX: PQEFF), recently cited by Deloitte, is aiming to get in front of the industry in a big way with PetroBLOQ, which could become the world’s most innovative blockchain solution for the oil and gas industry.

In fact, PEMEX, the largest energy company in Mexico has just announced a contract with them, and many more are in the works.

Deloitte calls blockchain technology the “single source of truth” for the oil and gas industry. It also sees Petroteq as an emerging player in the creation of a global consortium that will …View the full post at: The Small-Cap Company Looking To Spark A New Oil Boom

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