Oil-trade blockchain puts full process on one ledger
Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
A new blockchain aimed at the US crude oil markets will be accessible to all participants in a trade via a web-based platform, helping overcome a key barrier to the wider introduction of the shared ledger technology.
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