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BTL Group Ltd.

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BTL Group Ltd. - Energy & Power showcase

Year Founded & Workforce

2011

28 Employees

Industry

Energy & Power
B

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BTL Group Ltd. Overview

Company Headquarter: Vancouver, Canada.

Founded: 2011

Workforce: 28

Company Working: BTL Group is a blockchain technology based in Vancouver, Canada which has its operations on developing blockchain technologies for various industries and businesses. The company is the creator of Interbit, a next-generation blockchain platform, which has the unique capability of joining thousands of Interbit blockchains that can enable enhanced security along with data integrity and privacy than other blockchain platforms. One of the most important advantages of the BTL’s Interbit platform is that businesses and enterprises can build their own applications focusing on trading, settlement, remittance, audit, and back-office processes. BTL Group believes that this flexibility of their blockchain platform must enable Interbit to become the professional-grade blockchain development tool of choice among various businesses. In Europe, the BTL Group is currently testing its Interbit platform with the trading arms of oil and gas supermajors along with leading energy traders including Eni Trading & Shipping, Total, Gazprom Marketing & Trading Limited and Vattenfall for delivering gas trading and settlement.

Company Snapshot

$310,261M

Revenue

28

Employees

2011

Founded

Key Developments

DateApproachDevelopment
April 2018Product launchBTL Group announced that its proprietary next-generation blockchain platform Interbit is made available for public testing and feedback. This will enable users to create their own multiple blockchain solutions and they can also provide their feedback. This is specifically done to address the privacy and scalability shortcomings of existing generations of blockchain platforms.
February 2018Partnership & CollaborationBTL group announced a partnership with Venzee, a company leveraging in artificial intelligence. This is to streamline blockchain solution implementation more efficiently and simpler process.
January 2018Product launchBTL Groups European energy project entered its second phase following its initial pilot implementation phase. The project is now focused on expanding its scope to enable straight settlement processes and also bringing wider participation from the industry.
October 2017Product launchBTL Group had filed patents on its enterprise blockchain platform Interbit™ to meet rising enterprise demands. The platform has been extensively

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: 2016 was USD 310,261 Mn in 2017.
BTL Group Ltd. — By Business Segment
Series (USD Mn)2017
2016310,261
2017287,564

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