📈For Business

By providing comprehensive data and risk management solutions, Crudo Protocol aims to optimize operations and decision-making processes within the industry.

Crudo for Business

1- Live commodities price updates

On the Crudo Protocol for Business hub users can access real time data for oil prices along with other derivatives.

2- Ship AIS Tracker

The most efficient method of distributing real-time AIS feeds with minimal latency is through raw AIS data streaming. The NMEA data format adheres to AIS specifications, allowing data sentences to be processed by software systems designed for AIS hardware equipment such as receivers, transponders, or base stations.

The feed can be filtered based on area, AIS source, or message type. Additionally, position reports can be downsampled to reduce bandwidth between the client and our data center.

3- Immutable documents storage solution

Introducing the ultimate solution for verifying document authenticity! Vendors can now list their products on our platform, connecting with potential buyers. By harnessing the power of blockchain technology, original documents can be securely uploaded and stored on the platform, ensuring they cannot be tampered with.

Here's how it works: When a document is added to the platform it receives a special code called a hash. This code, along with details of the previous block and transaction records, is bundled together and stored within a block. Each block also includes the hash code of the block that came before it, creating an unbreakable chain of information.

If anyone tries to alter the data within a block, the hash code changes. This alteration disrupts the chain, alerting the entire network to the attempted manipulation.

In essence, with our platform and blockchain technology, document authenticity is guaranteed, providing peace of mind to both vendors and buyers alike.

4- Due Diligence Reports Utilize third-party risk management solutions to efficiently source, onboard, and oversee new suppliers, vendors, and distributors within the oil and gas industry while ensuring compliance with global regulations and safeguarding your company's reputation.

Our solutions enable oil and gas companies to identify, assess, and mitigate risks associated with their business relationships, including freight forwarding companies, clearing agents, construction firms, local representatives, vendors, and other third parties.

Given the global nature of the extractives industry, companies operate within intricate supply chains and international networks. Suppliers, such as domestic and international transport and service providers, often operate in regions prone to political instability, high corruption levels, and environmental risks. It's imperative for oil and gas companies to remain vigilant when entering new markets and establishing relationships in unfamiliar territories.

Across various stages, from exploration and production to refining and marketing, a comprehensive understanding of risk in business relationships is indispensable. To avoid reputational harm, potential loss of export licenses, and legal issues under anti-corruption laws, supply chain and distribution networks must maintain awareness of their third-party relationships and the utilization of their products.

5- Access Global Oil Terminal Insights

Looking to invest in Crude Oil? Within the Crudo Protocol ecosystem users have access to data filtering over 180 different parameters.

Our crude oil service provides complete coverage of global supply, demand, trade, inventory and pricing trends, making this service critical for anyone navigating today’s oil markets.

6- Establish New Connections

Access a list of verified suppliers, vendors and distributors part of the Crudo ecosystem and start new business relationships. Oil and Gas companies registered with Crudo Protocol undergo an in depth due diligence process to ensure safety to all the users part of the ecosystem.