French specialized credit institution Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain. French specialized credit institution Societe Generale SFH issued a 100 million euro ($112 million) bond as a security token on the Ethereum (ETH) blockchain. The company announced the development on its website on […]
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Vakt, a post-trade platform for oil, based on blockchain, now sees the participation of dealers covering two-thirds of the North Sea market. Vakt, a blockchain-based post-trade platform for oil, has signed up four new clients, according to a statement published on the platform’s website on Feb. 25. As per Etienne Amic, Vakt’s recently appointed CEO, […]
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How blockchain is helping to decentralize the energy industry. The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in […]
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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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A blockchain-driven platform for energy commodity trading, joined by BP, Shell, and Equinor along with large banks, will become fully operational by 2019. Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news […]
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ConsenSys’ blockchain startup Kaleido and Amazon Web Services (AWS) have launched a full-stack platform to accelerate enterprise blockchain adoption. ConsenSys’ blockchain startup Kaleido and Amazon Web Services (AWS) have launched a full-stack platform that helps enterprises implement blockchain solutions, according to a press release published Nov. 8. The platform, dubbed Kaleido Marketplace, reportedly “eliminates 80 […]
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Good news for traders across the world; global banks, along with international trading companies, have recently announced the first blockchain-based platform, called Komgo, that will allow financing for trading of commodities ranging from oil to wheat. The platform, which will be developed in partnership with blockchain technology company ConsenSys, will go live later in 2018, […]
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