Singapore lab to work on big changes for commodity marts
S&P Global Platts teaming up with Enterprise Singapore on use of blockchain, alternative data sets, other methods
Singapore
ENERGY and commodities price agency S&P Global Platts is setting up an innovation lab in Singapore to catalyse the digitalisation of commodity markets.
Platts plans to host market participants in innovation workshops or hackathons to explore the use of blockchain, alternative data sets and new computational methods to trade and risk-manage commodity portfolios, it said in an announcement released at the annual Asia Pacific Petroleum Conference (APPEC conference) in Singapore.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
US, Philippines eye agreement to cut China nickel dominance
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion
Hong Kong team plants seeds to safeguard legacy grains
Gold holds steady as investors focus on US Fed meeting
Chevron CEO expects ExxonMobil arbitration resolved in coming months