[ad_2][ad_1] Post-Sales Management Platform VAKT launched its blockchain-based processing tool to an initial group of oil industry customers, a press release dated 29 November. VAKT, which uses JPMorgan's Quorum blockchain technology for execution, was distributed to the raw BFOET participants. The press release reports that the energy giants BP, Equinor, …
Read More »The Blockchain oil trading platform supported by Shell and BP is now available
[ad_2][ad_1] A blockchain platform built by Vakt Global, a consortium of major companies including Shell and BP, has been launched to bring new efficiencies to the trade in energy commodities. According to a Tweet On Thursday, the platform is ready to facilitate the trade in crude oil among the companies …
Read More »The Blockchain platform becomes active for the North Sea oil trade
[ad_2][ad_1] LONDON (Reuters) – Oil majors and commercial companies can begin for the first time to finalize crude oil deals on a blockchain-based live platform, in a move that could revolutionize the market. PHOTO FILE: A BP logo is seen on a service station in London on 2 November 2010. …
Read More »The Blockchain platform becomes active for the North Sea oil trade news
[ad_2][ad_1] Thursday 29 November 2018 3:09 CST By Julia Payne LONDON (Reuters) – Oil majors and commercial companies can begin for the first time to finalize crude oil deals on a blockchain-based live platform, in a move that could revolutionize the market. In recent years, commodity trading firms have experimented …
Read More »The Blockchain platform becomes active for the North Sea oil trade news
[ad_2][ad_1] Thursday 29 November 2018 3:09 CST By Julia Payne LONDON (Reuters) – Oil majors and commercial companies can begin for the first time to finalize crude oil deals on a blockchain-based live platform, in a move that could revolutionize the market. In recent years, commodity trading firms have experimented …
Read More »Vakt sees the major oil companies launch the Blockchain trading platform
[ad_2][ad_1] Three major oil companies have worked with large banks and commercial companies to launch Vakt, a blockchain-based platform for the trading of energy commodities. The partnership was reported by the independent news agency this week and involves Shell, BP and Equinor. The main partners make up Vakt The banks …
Read More »Token Blockchain introduced for investments in gas and oil
[ad_2][ad_1] Of Marex 2018-11-20 18:13:00 Blockchain technology is being introduced for investment in the oil and gas industry conducted by PermianChain Technologies, based in Canada. The company is introducing the Permian Token (XPR), an encrypted asset class that will support the holding of rights over the value of potential but …
Read More »Launch of the Blockchain energy platform of the oil industry. This month
[ad_2][ad_1] Some of the biggest names in the energy sector have joined equally important banks and financial institutions to launch a blockchain energy product platform by the end of the year. BP and Shell join the big banks for the Blockcahin project According to reports, oil giants BP, Shell and …
Read More »The major oil companies and banks join together to launch the Blockchain platform for the trading of energy raw materials
[ad_2][ad_1] The major oil companies BP, Shell and Equinor have joined the big banks and trading houses to launch a blockchain-based Vakt platform for trading in energy commodities. The partnership was reported by an independent news agency covering the S & P Global Platts energy and commodity markets on Monday …
Read More »The blockchain platform supported by the oil industry is ready to be operational by the end of 2018
[ad_2][ad_1] Emphasizes Launch on the oil market in the North Sea Water markets are targeted Cost efficiency of 40% expected London – A project sponsored by BP, Shell and Equinor to modernize post-trade physical energy processes using blockchain technology is ready for commercialization by the end of the year, the …
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