oil trading on the blockchain



Swiss firm Mercuria, one of the largest commodities in the world, will put to test the first large transaction powered by technology. The transaction will see an cargo shipment containing African crude sold to ChemChina…

DAVOS, Switzerland (Reuters) – house Mercuria is working with banks ING and Societe Generale first large based on technology, as the tradition-bound industry tests out digital technology.

Singaporean commodities house Trafigura and French bank Natixis join IBM in the innovative solution, one that they call as the first solution in commodity finance geared for the US crude sector. -based platform was build using code from the Linux…






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