November 2018: VAKT goes live with world first enterprise grade blockchain platform
LONDON – NOVEMBER 29, 2018 – VAKT, the company re-imagining commodity post-trade processing underpinned by blockchain , has launched its platform in its first market. Participants in the physically traded BFOET crude oil business – including some of the world’s premier energy traders – will now benefit from improved security and efficiency. This private launch marks the world’s first fully operational, enterprise-grade blockchain platform to enter the market.
VAKT is an independent company created and backed by some of the world’s premiere energy majors, commodity traders and banks…