Tag Archives: Vakt

[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 …

[ad_2][ad_1] Image credit To keep pace with the world of technology and accelerate its digital journey, RIL led its first investment in a blockchain-based technology company. RIL has acquired a 5.56% stake in the startup blockchain VAKT Holdings Ltd (VHL) for $ 5 million. The company in a regulatory file …

[ad_2][ad_1] London-based Vakt oil trading blockchain platform went online this week, Reuters said, with Shell and BP among the first to start using the platform. Reuters reports that Vakt will be restricted to "contracts for the five rough grades of the North Sea that are used to set up the …

[ad_2][ad_1] A new way for companies to achieve efficiency with Blockchain The Vakt company is a London-based company that focuses on bringing and reimagining raw materials with post-trading processes that can be supported by Blockchain technology. Vakt launched its first platform on the market that started to heat the markets. …

[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 …

[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, …

[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 …