BP And Shell’s Blockchain-Based Oil Trading Platform Goes Live

BP And Shell’s Blockchain-Based Oil Trading Platform Goes Live


A blockchain-based trading platform that could assist oil majors and trading firms to drastically reduce costs is now operational. Known as Vakt, the platform which was created last year by a consortium consisting of Anglo-Dutch oil giant Shell and British Petroleum (BP), went live on Wednesday, according to Reuters. Other members of the consortium include global

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Posted by Mark Emem on November 30, 2018 @ https://www.ccn.com/bp-and-shells-blockchain-oil-trading-platform-live/

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