January 28, 2026

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World’s First Blockchain-Based Oil Trading Platform Launched

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World’s First Blockchain-Based Oil Trading Platform Launched
Oil cans pouring blockchain

VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018. The launch entails the birth of the world’s first enterprise-grade DLT platform in the oil and energy industry. Improved Security and Efficiency in Crude Oil Business BTCManager reported on November 14,…Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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