List of VAKT Platform Customers
VAKT Global
Level 39, One Canada Square,
London, E14 5AB,
United Kingdom
London, E14 5AB,
United Kingdom
44 20 3948-6000
Professional Services
70
$8M
Since 2010, our global team of researchers has been studying VAKT Platform customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased VAKT Platform for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using VAKT Platform for Blockchain Platform include: Shell, a United Kingdom based Oil, Gas and Chemicals organisation with 96000 employees and revenues of $284.31 billion, Chevron Corporation, a United States based Oil, Gas and Chemicals organisation with 45298 employees and revenues of $193.41 billion, BP, a United Kingdom based Oil, Gas and Chemicals organisation with 100500 employees and revenues of $189.19 billion, Mercuria Energy Group, a Switzerland based Oil, Gas and Chemicals organisation with 1100 employees and revenues of $170.00 billion, Reliance Industries, a India based Oil, Gas and Chemicals organisation with 347362 employees and revenues of $112.58 billion and many others.
Contact us if you need a completed and verified list of companies using VAKT Platform, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The VAKT Platform customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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BP | Oil, Gas and Chemicals | 100500 | $189.2B | United Kingdom | VAKT Global | VAKT Platform | Blockchain Platform | 2020 | n/a |
In 2020, BP implemented VAKT Platform as a Blockchain Platform to support energy commodity trading and post-trade workflows in its oil and gas business. The deployment, executed with VAKT Global technology, centers on shared ledger orchestration for commodity contract lifecycle management, providing a permissioned blockchain fabric intended for multi‑party trade confirmation and immutable audit trails.
Configuration and functional scope emphasize category-aligned capabilities, including smart contract driven trade events, distributed recordkeeping for title transfer and settlement stages, and role based access and cryptographic transaction validation. The VAKT Platform is described as handling trade capture, matching and confirmation workflows, with platform services configured to enforce business rules and standardized data schemas for commodity transactions.
Operationally the implementation targets BP’s energy commodity trading and oil and gas business units, integrating the VAKT Platform into trading desk workflows and post-trade processes while enabling cross‑counterparty state synchronization on a permissioned network. System level changes include establishing shared data governance, standardized confirmation and reconciliation processes, and permissioned access controls to support multi‑party settlement and regulatory documentation requirements.
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Chevron Corporation | Oil, Gas and Chemicals | 45298 | $193.4B | United States | VAKT Global | VAKT Platform | Blockchain Platform | 2019 | n/a |
In 2019, Chevron Corporation invested in and implemented the VAKT Platform, a Blockchain Platform. The VAKT Platform manages physical energy transactions from trade entry to final settlement, providing Chevron with a single shared ledger to centralize commodity post-trade processing and reduce paper-based workflows.
The implementation emphasizes digitization of cargo post-trade processes and a distributed audit trail, enabling trade entry, settlement orchestration and trade finance workflows to be executed on a synchronized record. VAKT Platform functionality aligns with standard post-trade modules for physical oil transactions, eliminating manual reconciliation and capturing transaction provenance across counterparties.
Operational scope included buying and selling counterparties along Chevron’s trading, logistics and middle and back office functions, where the platform serves as a single source of truth for post-trade lifecycle events. Governance shifts focused on replacing manual exchange of documents with blockchain-enabled workflow orchestration and shared data governance, enhancing transparency and data security while simplifying daily operational handoffs.
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Gunvor | Oil, Gas and Chemicals | 2000 | $1.4B | Switzerland | VAKT Global | VAKT Platform | Blockchain Platform | 2020 | n/a |
In 2020, Gunvor implemented VAKT Platform to digitize and standardize post-trade processing for physical commodity transactions. VAKT Platform is deployed as a Blockchain Platform providing a shared distributed ledger for trade lifecycle orchestration, smart contract-driven workflows, and immutable audit records across commodity deals. The deployment emphasized configuration of permissioned ledger functions and workflow orchestration to support trade validation and electronic title transfer common to the category.
The implementation configured modules for trade capture, confirmation, settlement automation, and audit trail management, aligning VAKT Platform capabilities with back office, middle office, and trading operational processes. Governance adjustments accompanied the rollout to define permissioning, access controls, and workflow change management for trading, operations, and compliance stakeholders. The narrative centers on Gunvor using VAKT Platform as the centralized Blockchain Platform for commodity post-trade orchestration within its oil, gas and chemicals business functions.
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Intertek Group | Professional Services | 45000 | $4.6B | United Kingdom | VAKT Global | VAKT Platform | Blockchain Platform | 2020 | n/a |
In 2020, Intertek Group joined the VAKT Platform, a Blockchain Platform, to bring its commodity testing, inspection and certification services into a distributed post-trade ecosystem. Intertek Group implemented VAKT Platform to provide platform participants with timely, accurate data and improved oversight of positions, volumes and risk, directly linking its inspection capabilities to post-trade processing and invoicing workflows.
The VAKT Platform implementation centers on inspection nomination workflows and the ability for surveyors to contribute results and issue invoices through the platform. Functional capabilities described include standardized nomination submission, inspector result capture, invoice generation tied to inspection outcomes, well-designed APIs for data exchange, and privacy of bilateral contracts secured by blockchain ledger controls.
Intertek’s integration is scoped initially to the North Sea BFOET crude oil market where VAKT is currently live, and it joins an ecosystem that already includes major commodity trading companies, CTRM systems, inspection providers and paperless trade services. Intertek will initially test the VAKT Platform ahead of full integration, enabling phased onboarding with the existing ecosystem and routing of data to relevant parties according to market practices.
Governance and process changes focus on standardizing nominations and streamlining inspector workflows to reduce manual handoffs, while APIs and blockchain-based routing enforce data privacy and bilateral visibility rules. Reported outcomes include a more streamlined workflow for Intertek inspectors, clearer and more standardized nominations, and improved invoicing and oversight for platform participants as the VAKT Platform expands into new markets and commodities.
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Koch Industries | Professional Services | 122000 | $30.5B | United States | VAKT Global | VAKT Platform | Blockchain Platform | 2019 | n/a |
In 2019 Koch Industries implemented VAKT Platform, adopting a permissioned distributed ledger solution categorized as Blockchain Platform. The engagement positions the VAKT Platform as a shared, tamper-evident ledger intended to support digitized transaction orchestration and authoritative post-trade record keeping across counterparties.
The VAKT Platform deployment emphasized core blockchain capabilities typical of the category, including smart contract orchestration for automated lifecycle events, an immutable shared ledger for transaction provenance, transaction lifecycle management and reconciliation automation. Configuration focused on role based access controls, cryptographic data protections and an auditable event trail to preserve data integrity and traceability within the VAKT Platform.
Governance centered on permissioned network controls and participant access policies to align operational workflow ownership with compliance and audit functions. The implementation materially touches business functions such as transaction processing, post-trade reconciliation, settlement orchestration and compliance, centralizing the authoritative transaction record on the VAKT Platform and establishing shared procedural controls for counterparties.
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Oil, Gas and Chemicals | 1100 | $170.0B | Switzerland | VAKT Global | VAKT Platform | Blockchain Platform | 2018 | n/a |
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Oil, Gas and Chemicals | 347362 | $112.6B | India | VAKT Global | VAKT Platform | Blockchain Platform | 2019 | n/a |
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Oil, Gas and Chemicals | 75000 | $108.2B | Saudi Arabia | VAKT Global | VAKT Platform | Blockchain Platform | 2020 | n/a |
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Oil, Gas and Chemicals | 96000 | $284.3B | United Kingdom | VAKT Global | VAKT Platform | Blockchain Platform | 2019 | n/a |
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Showing 1 to 9 of 9 entries
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| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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FAQ - APPS RUN THE WORLD VAKT Platform Coverage
VAKT Platform is a Blockchain Platform solution from VAKT Global.
Companies worldwide use VAKT Platform, from small firms to large enterprises across 21+ industries.
Organizations such as Shell, Chevron Corporation, BP, Mercuria Energy Group and Reliance Industries are recorded users of
VAKT Platform for Blockchain Platform.
Companies using VAKT Platform are most concentrated in Oil, Gas and Chemicals, with adoption spanning over 21 industries.
Companies using VAKT Platform are most concentrated in United Kingdom, United States and Switzerland, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of VAKT Platform across Americas, EMEA, and APAC.
Companies using VAKT Platform range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 0%, large organizations with 1,001-10,000 employees - 22.22%, and global enterprises with 10,000+ employees - 77.78%.
Customers of VAKT Platform include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified VAKT Platform customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Blockchain Platform.