List of VAKT Platform Customers
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United Kingdom
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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Professional Services | 45000 | $4.6B | United Kingdom | VAKT Global | VAKT Platform | Blockchain Platform | 2020 | n/a |
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Professional Services | 122000 | $30.5B | United States | VAKT Global | VAKT Platform | Blockchain Platform | 2019 | n/a |
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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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Buyer Intent: Companies Evaluating VAKT Platform
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