Tag: crude oil

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Tether Ventures into Crude Oil Trade, Finances $45M Deal

Tether ventures into trade finance, facilitating a $45M crude oil deal, aiming to revolutionize global trade with USD₮ solutions. Tether, the leading company in the...

Blockchain to Increase Efficiency in Crude Oil Trading

The crude oil industry is the latest to integrate blockchain technology into its process. A London-based platform is being used to digitize trading operations. Gaining...

Venezuela to Use the Petro Cryptocurrency in International Petroleum Trade

Venezuela’s government plans to present its national cryptocurrency, the Petro, as a unit of account for international crude oil trade to the Organization of...

IBM Introduces The First Blockchain Platform for US Based Crude Oil Markets

The blockchain technology is increasingly being adopted, not only in areas related to finance and commerce, but also in a myriad of other fields....