Introducing

PetroYuan token

Digital Petroyuan – Next step in currency innovation

In a bold move to reshape global finance, China has unveiled its latest endeavor petroyuan. Building upon the foundation of the traditional petroyuan initiative, which aimed to establish the yuan as a dominant currency in oil transactions, the digital PetroYuan represents a leap forward into the realm of digital currencies.

At its core, the digital PetroYuan leverages blockchain technology to facilitate oil transactions in a secure, transparent, and efficient manner. By digitizing the petroyuan, we aim to streamline oil trading processes, reduce transaction costs, and enhance the liquidity of its currency on the global stage.

Key features of the digital PetroYuan include:

Blockchain Integration

Utilizing blockchain technology enables secure and tamper-proof recording of oil transactions, enhancing transparency and trust in the market.

Smart Contract Functionality

Smart contracts automate the execution of transactions, eliminating the need for intermediaries and reducing settlement times.

Cross-Border Accessibility

The digital PetroYuan can be accessed and traded globally, providing greater flexibility for international oil traders and investors

Government Backing

We plan to have full backing of the Chinese government in the near future, the digital PetroYuan enjoys stability and support from one of the world’s largest economies.

Integration with Belt and Road Initiative

The digital PetroYuan aligns with China’s broader Belt and Road Initiative, facilitating trade and investment along the modern Silk Road

Roadmap

Q2/2024

Phase 1

Research and Development

Conduct feasibility studies: Evaluate the technical, regulatory, and market factors involved in launching a digital PetroYuan .
Develop a proof-of-concept: Create own token of the digital PetroYuan platform to test its functionality and scalability.
Establish partnerships: Collaborate with key stakeholders, including oil producers, financial institutions, and technology providers, to gain support for the project.
Token’s DEX listing

Q1/2025

Phase 2

Market Expansion

Launch publicly: Officially launch the digital PetroYuan platform for widespread use in oil trading and settlement.
Expand market reach: Market the digital PetroYuan to a broader audience of oil producers, traders, and investors, emphasizing its benefits in terms of efficiency, transparency, and cost savings.
Foster ecosystem growth: Encourage the development of supporting infrastructure, such as digital wallet providers, exchanges, and regulatory frameworks, to facilitate the adoption and integration of the digital PetroYuan into the broader financial ecosystem.
Explore new use cases: Explore additional use cases for the digital PetroYuan beyond oil trading, such as cross-border payments, trade finance, and supply chain management.

Q2/2026

Phase 3

Global Integration

Promote internationalization: Work towards the internationalization of the digital PetroYuan , encouraging its acceptance and adoption by oil-producing and -consuming nations around the world.
Forge strategic partnerships: Establish strategic partnerships with other countries and international organizations to promote the use of the digital PetroYuan as a global reserve currency and a medium of exchange in international trade.
Our own exchange creation with mobile wallets integration
Ensure regulatory compliance: Work with regulators and policymakers to address any regulatory challenges and ensure compliance with international standards and best practices.
Drive innovation: Continue to innovate and evolve the digital PetroYuan platform to meet the changing needs of the global economy and maintain its competitiveness in the digital currency landscape.
Linking the digital PetroYuan to BRICS could yield several potential benefits, leveraging the collective economic strength and geopolitical influence of these emerging market economies.

Token

Our PetroYuan token comes out to meet highest security criteria in crypto world. We’ve got BlockSafu Smart Contract Audit and BlockSafu KYC verification.

Tokenomics

Announcing token sale on Moonlight.finance DEX already started with unique staking possibilities, offering stable investments with huge profit.

Docs

Whitepaper