BTL Group Develops Blockchain-based Solutions for Energy Trading

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BTL Group Develops Blockchain-based Solutions for Energy Trading

Postby kreslik.news » Thu Jan 12, 2017 7:44 am


BTL GROUP LTD. (TSX Venture: BTL) reports it has completed a revenue generating pilot project with a major, global energy company. BTL developed internal use cases for blockchain solutions in the client’s oil and energy trading division.

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The developers say that this collaboration aim was to identify areas internal to their business in which BTL’s blockchain platform, Interbit, can enable significant efficiency and related cost savings. BTL and its unnamed client are now jointly assessing further commercialization strategies for the platform in the energy trading space.

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