Big Oil Buyers Ditch Paper for Blockchain to Track Tanker Sales

A consortium — including oil producers BP Plc, Royal Dutch Shell Plc and Statoil ASA, commodity traders Gunvor Group Ltd., Mercuria and Koch Supply & Trading, and lenders ING Groep NV, ABN Amro Bank NV and Societe Generale SA — has been developing a blockchain-based platform for physical … read more …

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