ECOSC.io (ECOSCU) ICO Details & Financial Information

The value chains of the Oil&Gas industry span the entire globe. Complex supply chains and long storage times are responsible for a drastic increase in tied-up capital. Customer optimizations, such as the introduction of just-in-time production or the enforcement of long payment terms, further extend the period during which producers have to finance their circulating assets. Even in times of potentially cheaper financing, the access remains limited due to the stricter require- ments imposed on banks and financial institutions by the Bank for International Settlements(BIS). In addition, the expense of settlement modalities makes it more difficult to finance working capital.