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 ...

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 ...

With the fresh capital in place, Vakt plans to expand into new markets – with a […]The post Saudi Aramco Energy Ventures invests $5M in oil blockchain platform Vakt appeared first on The Block.

Earlier this month, Total and Chevron joined Shell, BP, Equinor, Mercuria, and Gunvor as shareholders of Vakt, a post-trade processing platform grounded in blockchain and aiming to eliminate the ...

LONDON (Reuters) - Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform Vakt, London-based Vakt said on Tuesday. Vakt ...

VAKT in brief VAKT is a post trade processing platform for energy transactions. It is the digital backbone of the business-critical communications between traders, terminals, inspection companies ...