HODLNG participates to a more secure, more flexible, fair and balanced LNG trade system. A Blockchain-based solution, enabling a flexible, liquid and transparent global LNG market.
We envisage HODLNG has a comprehensive and global Blockchain-based solution to design an innovative smart contracting regime and to create a fair profit-sharing mechanism. We offer a 3-layer architecture: Layer 1 - Blockchain (consensus). Layer 2 - Smart contract: a scalable and private off-chain smart contracting process. Layer 3 - Utility token to incentive the contractors; managing profit-sharing agreements.
Removal of destination restriction in LNG contracts; diversion clauses are now governed by smart contracts.
Off-chain smart contract: by moving almost all of activities off-chain, our solution is scalable. Interactions with the Blockchain are on startup and payments.
Permissioned sets of participants: only users who validate contracts execution can see all of the blockchain data. Data recorded in the blockchain are cryptographic hashes.
UN SDG7 (affordable clean energy) and UN SDG8; financing local air pollution policies and low-carbon technology for underserved communities.
Organization of a virtual global LNG hub (the ledger); providing innovation of business models & technologies; and serving as a catalyst across all stakeholders groups
Price transparency and reporting: LNG pricing benchmark, based on a stable coin (Gas-on-Gas pricing in contracts, moving away from the prevalence of oil index pricing).