VAKT

The commodity markets are stuck in the past, whereas financial markets have modernised and digitised. The post-trade processes of physically traded commodities have remained slow, manual and paper-based. VAKT aims to change this.

Our vision is to digitise the global commodities trading industry, creating a secure, trusted ecosystem, powered by blockchain, smart contracts and machine learning.

‍
VAKT will be the digital backbone of the global commodities trading industry, formalising or simplifying existing workflows, interfacing with a broad ecosystem of industry participants and digitally representing the physical world. We focus on contracts, all aspects of logistics, invoicing data and settlements.