(3.28.17) CoinDesk: IBM Unveils Blockchain Platform for Oil Trade Finance

By March 28, 2017 News

A group of companies including IBM has spearheaded the development of a new blockchain-based crude oil trade finance platform.

Along with IBM, commodities trading group Trafigura and corporate investment bank Natixis took part in the creation of the platform, built using code from the Linux Foundation-led Hyperledger project. IBM’s BlueMix cloud hosting service is also being utilized.

More here.