Blockchain to Supply Chain: New Technology Could Make Big Impact on Big Oil

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Blockchain is making its way into big oil.

Blockchain could make a big splash in the global supply chain of big oil companies.
VAKT, a London-based blockchain company that tracks physically traded commodities, is trying to effect such a move by picking up primetime partners in the oil industry. Already, Royal Dutch Shell, Equinor, and BP plc are looking to bolster their supply chains with the technology.

“Launching into our first market with such high-calibre first users is

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