Oil-Trading Blockchain Platform VAKT Launches With Shell, BP as First Users

JPMorgan’s Quorum technology forms the backbone of the latest blockchain solution for major oil industry players Shell, BP and others. Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients, a press release reports Nov. 29. VAKT, which uses JPMorgan’s Quorum blockchain technology to run, […]

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US Court Dismisses SEC’s Claims That Blockvest Sold Unregistered Securities

A California federal court judge ruled that “at this stage” he could not “determine” whether blockchain firm Blockvest’s BLV tokens were securities. A U.S. court has dismissed claims from regulator Securities and Exchange Commission (SEC) against decentralized blockchain-based assets exchange Blockvest, court documents released Nov. 27 confirm. The SEC suspended Blockvest’s Initial Coin Offering (ICO) […]

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