Not only did they successfully execute, but they also did it quickly. So when the company lays out how it got there, it’s worth paying attention. In the interests of sharing, last week, along with technology partner ThoughtWorks, VAKT published a document “From PoC to Production: Implementing an enterprise blockchain solution.”

The VAKT team have successfully pioneered the release of the world’s first enterprise grade, production blockchain system for commodities trading, completed in an extremely short timeframe to initial launch. Our CTO Adam Vile in collaboration with ThoughtWorks: Jim Barritt and Shodhan Sheth offer a high-level exploration of why a consortium of organisations chose to build a platform based on blockchain, and contrasts the stringent requirements of the enterprise with the technology available today, based on this experience.

Vakt, a young, growing and entrepreneurial organization is setting up an IT Technology centre in the heart of Lisbon. We want to recruit talented people who would love to work in this environment. Thus Vakt Lisboa is born and invites you to our opening event on the 22nd of February 2019 from 18.00 – 20.30 at Edificio LACS, Cais Rocha Conde, de Obidos, 1350-352, Lisboa

Vakt, a blockchain-based post-trade platform for oil, has signed up four new clients, according to a statement published on the platform’s website on Feb. 25. As per Etienne Amic, Vakt’s recently appointed CEO, the company has partnered with four new clients prior to its official launch at International Petroleum Week, which starts in London today, Feb. 26.

Blockchain commodities trading platform VAKT announced on Wednesday that it has appointed Etienne Amic as its Chief Executive Officer (CEO). “I was aware of VAKT from the start, but what impressed me was the success the company has had as a creation by a consortium of traders,” said the new CEO. “To have such prestigious companies pulling in the same direction – many of them competitors – tells you this is something very powerful that the industry really needs.”

Chevron and Total join new Blockchain venture for oil trading Chevron, Total and Indian refiner Reliance Industries have joined their rivals in a new venture to bring blockchain into energy trading. The oil majors will become users of Vakt, a London-based platform for trading Brent crude oil using the technology behind bitcoin. They become the second round of investors in the project, which intends to launch publicly early this year.

Reliance Industries Energy Trading Company to Adopt Vakt Blockchain with $5 Million Investment India has been in the news for its apparent uncertainly with crypto with words such as banning regularly discussed. That has not stopped its largest conglomerate from exploring the possibilities offered by blockchain. It has been recently reported that Reliance Industries has invested about INR25,00,00,000($5 Million) into online-based energy trading.