[ad_2][ad_1] Ripple's eMetals raw materials can now be purchased from a wide range of encrypted products The eMetals platform is an alternative way to invest and exchange physical metals. It aims to provide the investment performance of standard metals markets with the transparency and security offered by an exchange. eMetals' …
Read More »Move Over Bakkt: ING Eyes Vakt, Ethereum, Blockchain and Big Oil to revolutionize the trade and finance of raw materials
[ad_1] The Dutch banking group ING is preparing for one year other blockchain-based initiatives in 2019 to expand commodity trading and finance programs in various sectors, including energy, crude oil, soybeans, metals and mines. ING, which since 2017 has been experimenting with digital ledger technology on its Easy Trading Connect …
Read More »Blockchain that alters the trade in raw materials
[ad_2][ad_1] When people hear the word "blockchain", most often think of cryptocurrency as bitcoins. But blockchain experts say technology goes far beyond bitcoin and predicts it will be an important force in all sectors of the economy, including agriculture. Blockchain is a hot topic in the world of technology right …
Read More »The Blockchain-based VAKT platform for trade in oil and raw materials goes live
[ad_2][ad_1] To transform the "post-trade processing of goods" using blockchain technology, industry giants have joined together to launch the VAKT platform. The VAKT platform is the result of the efforts of the world's leading operators of raw materials, energy traders and banks. Furthermore, the heavyweights of energy exchanges such as …
Read More »Cryptocurrencies supported by raw materials are NOT "stable coins"
[ad_2][ad_1] Following my comments on the currency supported by Fiat, it is not considered a "stable currency" because of the instability of all the legal currencies that are used to support it and the inability of organizations to demonstrate demonstrably their own currency. currency availability to support those cryptocurrencies. Next …
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 verdict of the raw materials of the US court cements on cryptocurrency after the landmark ruling
[ad_2][ad_1] A US court has formally rejected an attempt to stop the raw materials regulatory authority of the country pursuing an alleged cryptocurrency swindler, stating that these assets are commodities. CFTC can legislate with Crypto In a press release dated 3 October, senior judge Rya W. Zobel of the US …
Read More »Banks, merchants launch the first raw material blockchain platform
[ad_2][ad_1] LONDON (Reuters) – Banks and global trading companies are launching the first blockchain-based platform to finance the trade in raw materials from oil to wheat, they said Wednesday in a joint statement. PHOTO FILE: Drilling rigs are parked in Cromarty Firth near Invergordon, Scotland, Great Britain on 27 January …
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