oil trading

All the major steps in a crude oil transaction will be kept on the blockchain, which will allow for more transparency, enhanced security, and efficiency.

Venezuela Turns to Crypto and Rubles to Bypass US Sanctions
May 21st, 2019

Venezuela and Russia are discussing an option to use the Ruble and the Petro in their mutual trade settlements.

IBM, Natixis and Trafigura Launch First-Ever Blockchain Platform for Oil Trades
March 28th, 2017

All the major steps in a crude oil transaction will be kept on the blockchain, which will allow for more transparency, enhanced security, and efficiency.