‘Oilcoin’ emerges as next trading trend in digital currency 31 SHARES Share it! Share TweetBy Myrna M. VelascoHouston, Texas – ‘Oilcoin’, a digital currency that will be tied to a barrel of oil commodity, is seen as the next big trend that will infiltrate energy trading – aligned with the genre of bitcoin and other cryptocurrencies. Daniel Eisner, co-founder of OilCoin Digital Reserve, told participants at the CERAWeek 2018 here, that “oilcoin” delves with the process of “tokenization of oil” as a commodity. So far, the Organization of the Petroleum Exporting Countries (OPEC) is biting into the idea of digital currency trading for oil commodities – but getting it done viably is still a subject of the global oil producer’s comprehensive study. Tags: cryptocurrencies, Daniel Eisner, digital currency, digital currency trading, digital tokens, energy trading, oil commodities, OilCoin Digital Reserve, the Organization of the Petroleum Exporting Countries, ‘Oilcoin’ emerges as next trading trend in digital currency

Source: Manila Bulletin March 10, 2018 13:52 UTC