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Vakt Global

Blockchain-based post-trade software that lets oil traders and their counterparties record and match physical trades

London, United KingdomFounded 2018vakt.comWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-30

About Vakt Global

VAKT builds ETRM and post-trade software for physical oil trading. Its products are vSure, which handles digital confirmation and affirmation of trade terms; vLogistics, which connects ETRM systems with terminal and inspector systems for nominations; and vActuals, which captures quantity, quality, time-log and document data at source and stores it on a blockchain. The company also uses AI to extract data from unstructured files and emails.

Customers are participants in physical oil trades, including oil majors, traders and trade finance providers; the founding partners were oil majors, traders and trade finance providers. The website names BP, TOTSA and AmSpec as users or integration partners. The company sells its platform to these participants.

VAKT was formed in 2018 and is headquartered in London, with a second office in Lisbon. Its team works largely in the UK, Portugal and India.

Product: vSure, vLogistics and vActuals: software for digital trade confirmation, terminal and inspector data exchange, and blockchain-stamped actuals in physical oil trading.

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