Blockchain For The Oil Market: Saudi Aramco Energy Ventures Invests $5 Million In Blockchain Platform VAKT
The world’s leader in producing and trading oil, Saudi Aramco has invested $5 million into blockchain platform VAKT. Moreover, Aramco Trading Company will become the user of the platform. This deal supports the general tendency to implement blockchain technologies in the oil & gas industry. VAKT will implement the received financing for further platform development and expansion of the Asian …