A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.
Oil 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.
A group of commodity traders and financial institutions have unveiled a new blockchain venture.
Wien Energie intends to pilot blockchain products in a sustainably designed Viennese urban district this year.
Several major energy firms, including BP and Shell, are partnering on a new blockchain-based trading platform.