Eleox

A select group of companies that market and trade natural gas in North America has formed and invested in Eleox to re-imagine commodity post-trade processing.The company is creating an enterprise-grade application based on distributed ledger technology (DLT) to replace many existing, siloed post-trade systems.This secure, real-time digital approach... will manage transactions from post-trade through settlement, replacing paper-based contracts and manual reconciliation processes.While the company is focused on natural gas today, the company has ambitions to expand into power and to build a platform to track carbon emissions data across a range of commodities, from the source to the end-user. The company's vision is to support broader energy markets and the transition to a lower carbon future.Read More