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Michelin, an e2open customer evaluated Oracle Transportation Management

Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

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Wayfair, a Korber HighJump WMS customer just evaluated Manhattan WMS

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Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

List of VAKT Platform Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
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.
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.
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.
Professional Services 45000 $4.6B United Kingdom VAKT Global VAKT Platform Blockchain Platform 2020 n/a
Professional Services 122000 $30.5B United States VAKT Global VAKT Platform Blockchain Platform 2019 n/a
Oil, Gas and Chemicals 1100 $170.0B Switzerland VAKT Global VAKT Platform Blockchain Platform 2018 n/a
Oil, Gas and Chemicals 347362 $112.6B India VAKT Global VAKT Platform Blockchain Platform 2019 n/a
Oil, Gas and Chemicals 75000 $108.2B Saudi Arabia VAKT Global VAKT Platform Blockchain Platform 2020 n/a
Oil, Gas and Chemicals 96000 $284.3B United Kingdom VAKT Global VAKT Platform Blockchain Platform 2019 n/a
Showing 1 to 9 of 9 entries

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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.