A group of commodity traders and financial institutions have unveiled a new blockchain venture.
Several major energy firms, including BP and Shell, are partnering on a new blockchain-based trading platform.
The London Metal Exchange is said to be supporting an initiative to better track physical metals using blockchain tech.
Two major European banks have released the initial results of a blockchain prototype focused on oil trading.
The chief executive of Mercuria, one of the world’s largest commodities traders, is bullish on blockchain.