WebJun 10, 2024 · VAKT, the blockchain post-trade solution for the oil sector, announced that Argus Media and S&P Global Commodity Insights have invested in the platform that raised $57 million previously. The two benchmark pricing firms join heavyweight shareholders, including energy firms BP and Shell, traders Gunvor, Koch and Mercuria, and major banks. WebAug 13, 2024 · Tokenization is the process of replacing sensitive data, such as credit card numbers, with unique identification data while retaining all the essential information about …
What Is Tokenization, And Why Is It So Important? - Forbes
WebWhat is commodity tokenization? Tokenization is the process of attaching ownership of real-world assets like metals to a crypto token. Tokenized commodities (or crypto … WebTokens can be used as virtual currencies, which have the same characteristics as any commodity (like gold) that can be traded with profit-making intentions. Commodity … driveway replacement knoxville tn
STMI Token – The union of the Physical Treasure with the Digital …
WebFeb 16, 2024 · A crypto startup based in Zug has attracted a diverse array of clients to its platform. Commodities giant Glencore is among them. Zug-based Crypto Valley startup Atomyze, founded in 2024, announced Wednesday that IXM, William Rowland, StoneX and Glencore will use its tokenization platform. The companies are involved in various … WebAug 12, 2024 · The Binkabi platform. The Binkabi platform consists of 4 components: Applications:These are solutions for physical trading, commodity hedging and supply chain financing.Barter Block is our first solution whereas other solutions will be launched when commodity tokenisation is underway.. Applications protocols: Smart contracts, … WebJun 28, 2024 · Commodity-backed stablecoins are collateralized using physical assets like precious metals, oil, and real estate. ... In contrast, the tokenization of assets continues … epping council building control