Oil Trading Blockchain Platform Vakt Launches With Shell Bp As First Users Building the world's first enterprise level blockchain platform. vakt is a consortium of leading energy companies and banks, with the aim of transforming the global commodities trading industry. traditionally, the post trade process would involve both parties checking paperwork and changing records on separate, manual systems, which is time. Bp, shell launch blockchain oil trading platform. by irina slav nov 30, 2018, 12:00 pm cst. a blockchain based oil trading platform dubbed vakt and developed by a consortium involving bp and.
Vakt Building The World S First Enterprise Level Blockchain Platform Based on jp morgan’s quorum blockchain, the platform is in fact the first functional blockchain trading platform for the oil and gas industry. the consortium and platform, both formally known as. Today the first blockchain based platform for finalizing crude oil deals goes live in london. the platform was developed by vakt global, a consortium venture set up by oil majors bp (bp.l) and. Post trade management platform vakt has launched its blockchain based processing tool to an initial group of crude oil industry clients, a press release reports nov. 29 vakt, which uses jpmorgan. Vakt is the . first blockchain trading platform for physical oil trades. trading of physical commodities has historically been a cumbersome and lengthy process, executed through mountains of.
Vakt Building The World S First Enterprise Level Blockchain Platform Post trade management platform vakt has launched its blockchain based processing tool to an initial group of crude oil industry clients, a press release reports nov. 29 vakt, which uses jpmorgan. Vakt is the . first blockchain trading platform for physical oil trades. trading of physical commodities has historically been a cumbersome and lengthy process, executed through mountains of. Today london based oil blockchain platform vakt announced three new investors, chevron, total and reliance industries. the latter is india’s biggest publicly traded company by market capitalization and the eighth largest energy company in the world (according to platts). with the latest announcement, five of the world’s top ten energy companies are vakt investors. in november […]. Chevron, one of largest american multinational energy corporations, and two other major energy companies have joined vakt, a united kingdom based blockchain platform for energy commodity trading.
Vakt Global Commodities Post Trade Management Platform Today london based oil blockchain platform vakt announced three new investors, chevron, total and reliance industries. the latter is india’s biggest publicly traded company by market capitalization and the eighth largest energy company in the world (according to platts). with the latest announcement, five of the world’s top ten energy companies are vakt investors. in november […]. Chevron, one of largest american multinational energy corporations, and two other major energy companies have joined vakt, a united kingdom based blockchain platform for energy commodity trading.
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