Trading of physical commodities has historically been a cumbersome process, requiring mountains of documents, including letters of credit, invoices and inspection certificates. VAKT is using a blockchain platform to bypass the paperwork and offer a more secure way of completing a commodities trade. Most importantly, the technology will reduce the time and costs needed to […]The post Crude oil is about to be traded on a blockchain platform backed by five of the top 10 oil companies appeared first on CryptoNewsReview.
