About GasBlock Coin
GasBlock Coin Shale gas refers to natural gas developed and produced in the hydrocarbon-rich shale layer (root rock), and shale is called blood rock in Korean, and refers to sedimentary rock formed by lumping mud with small particle sizes. Shale gas is a gas extracted from this blood rock and is called non-traditional natural gas because it is collected from a different rock layer than traditional gas fields. It can be used as heating fuel or petrochemical material because of technical restrictions.
It is true that the development of many eco-friendly energy such as electricity, solar power, hydro power, and wind power is booming in recent years, but traditional energy sources such as shale gas have not diminished their importance in traditional industries, such as large internal combustion engines, large diesel engines, large excavators, locomotives, and tanks.
Moreover, the value and prospects of shale gas are higher than ever, with Russia’s gas supply disruption and the supply chain imbalance of global energy to Ukraine and its neighbors.
Why Gas GasBlock, now?
The longer-than-expected trend of this imbalance in international energy supply has led to a
surge in demand for traditional high-efficiency energy sources such as shale gas, but also new
markets. But the problem is that from the start of shale gas mining, the entire process of evaluating gas wells, actual preparation, production measurement during mining, gas transport, supply chain allocation, pricing, global price adjustment, etc. is huge, and the industry’s operations are not advanced and computerized enough for the 20th century.
This fact that all processes from gas drilling to final consumer delivery and payment are not modern is causing astronomical losses and inefficiencies in the operation of the global shale gas business. These are challenges that must be addressed in this massive project, with hundreds of companies, public institutions, and thousands of people in the process of gas mining, inland drilling sites, mining heavy machinery, gas refineries, gas refining and sorting plants, cost analysis and sales pricing, and inventory management.
Blockchain protocol that GasBlock adopted
Data transparency, transaction security, data security, and the instantaneousness of data
processing in mining and global distribution are essential not only for the profitability of the business but also for the long-term operation they have introduced a blockchain based on the Ethereum-based ERC20 protocol, which processes millions of transactions and data per day in more than 120 countries around the world.
Due to the nature of the blockchain, it is impossible to falsify or reproduce data, has high transparency and efficiency, and has extremely low characteristics because it does not use a server at cost. Taking full advantage of these advantages, they will apply ERC20 technology to all processes of shale gas development and distribution, and start development work only on sites with guaranteed mining economy.
All processes are recorded in real-time on Ethereum-based blockchain nodes, and blockchain data flows and platform components are designed to help key companies and key managers identify real-time and make the best economic decisions.
Why Choose GasBlock Coin?
They are planning to release a wallet with web3-based technology that has functions such as safe
management, possession, transmission, and transaction of coins. After the wallet function is settled, the company plans to introduce a function to disclose the current status of all business processes, especially the current number, work status, and profitability of gas mining sites, so that all owners can easily understand the current profitability and business flow.
Gas Block, a typical large enterprise blockchain-based ERP solution, is critical to purchasing
essential software, obtaining certificates, and having licenses to build platforms early in the
market. After that, it is important that the prototype production for actual demonstration and
the construction of the DB and blockchain simultaneous link dual chain server using Oracle
are completed early and the prototype is released.
Where Can You Buy GasBlock?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On LBank. As It Has The Highest GSBL/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include GSBL/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
