A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.
Shell, BP Back Blockchain Platform to Modernize Commodities Trading
Oil industry giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.
Energy Giant BP Says It’s Tested ‘Internal’ Tokens
British Petroleum would consider partnering with startups that conduct initial coin offerings, and it’s tested “internal” tokens, an executive said.