Founded in 2017 by a consortium of leading energy companies, trading houses, and banks (including BP, Shell, Equinor, Gunvor, and Mercuria), VAKT Holdings Limited developed and operates a digital ecosystem for the physical energy commodities market. The platform leverages enterprise-grade blockchain (DLT) to create a single source of truth for post-trade activities, including deal confirmation, contract management, logistics, and invoicing. VAKT's mission is to digitize and transform the entire post-trade lifecycle, increasing efficiency, reducing errors, and enhancing security for its clients.