Smart Refinery Technologies Group, the developer of innovative technical solutions and equipment for the production of automobile fuels is creating the world's first blockchain platform for the oil refining industry.
Smart Refinery Technologies is an all-up business process support platform, from production to selling fuel to consumers: Eco-friendly EURO-5 class fuel production management based on manufacturing modules of SRT Group. Trading based on decentralised fuel exchange with smart contracts-based payments. Pay fuel with cryptocurrency - fuel cards with cryptocurrency wallets integration gives an opportunity to pay fuel at petrol stations with cryptocurrency.
Start-up, the building of the research and engineering team of the project to develop technological solutions for secondary refinery processes for small oil refineries, which became the basis of the Smart Refinery project.
Development of catalysts for the processes of gasoline isomerization and diesel fuel paraffin removal. Successful laboratory tests.
Creation of mobile unit-containers. The concept of rapid launching of production in any place on a turn-key basis based on SRT modules.
Beginning of production tests at real oil refineries. Development of a catalytic fuel oil cracking unit for increasing the depth of oil processing at small refineries.
Continuation of research, improvement of catalysts. Receiving requests for the installation of production modules from oil refiners situated in Russia, the United States, Kazakhstan, Iraq, etc.
Development of a blockchain platform for the automated management of license payments for each Smart Refinery production module that will operate worldwide.
SRT-Coin ICO. Start of operation of the blockchain platform. Supply of equipment for modernization of partner oil refineries in Russia, Kazakhstan.
Launching of refineries in Russia (1-2).
Submission of patent applications, conclusion of contracts with partners, commencement of buying out of tokens.
Launching of oil refineries in the USA (2) and oil refineries in the Kazakhstan, Iraq, Bangladesh.
Creation of a global network of oil refineries (Russia, Kazakhstan, Uzbekistan, Turkmenistan, USA, Canada, Mexico, China, India, Indonesia, Iraq, Syria, Egypt, Libya, Algeria, Nigeria, Angola).