How This Company is Bringing the Trillion Dollar Oil Market On-Chain

Oil is one of the world's largest commodity markets, and it's been almost entirely off limits to retail. Energy Substantiation has launched WTIC, a token backed one-to-one by real barrels of WTI crude oil, live on Ethereum. On this week's Brand New Rails, Co-Founder and Chief Commercial Officer Wil Harris tells CoinDesk's Jennifer Sanasie why oil is having its moment, and why hard-to-custody assets are where the real innovation in tokenization is coming from. - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Join the Testnet now at realfi.co. - #digitalfinance #finance #bitcoin Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Public Keys: https://open.spotify.com/show/1rqYzRV10nfKfoTpFXZhTE Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE The Policy Protocol: https://open.spotify.com/show/3Fh8ffulAWcCqMu0uVuwoj