today, it is dominic mccann from btl. take a closer look at the blockchain and energy companies. >> it could be the biggest game changer in the oil world. blockchain. not bitcoin which reached $17,000 and then crashed, it is the technology behind it, the giant data keeper. here's how it works. you are drilling a well. you wait until the drill fails and then you call your services company and get a new one. imagine you have a smart contract that monitors the work you are doing. the oil service company looks at your well's intensity and vibrations, knows you will need a new drill, and the company gets it to you before the old one gives out. you save time and money. oil is interested. oil services companies have invested in jvs, acquisitions, and r&d. other big oil companies, banks, and trading houses teamed up to create a blockchain platform, which could be running by the end of 2018. here's the catch. you have to pay to play. the technology will only work if both sides have it. like a fax machine. the front facing componen

i speak to dominic mccann, ceo of btl, who works with energy companies to use blockchain to cut costse trading. ♪ alix: i'm alix steel and welcome to "bloomberg: commodities edge." it's 30 minutes to focus on companies, physical assets, and trading from the smartest voices in the business. let's kick it off with a spot on

i speak to dominic mccann, ceo of btl, who works with energy companies to use blockchain to cut costsimize trading. ♪ alix: i'm alix steel and welcome to "bloomberg: commodities edge." it's 30 minutes focused on the companies, physical assets

i speak to dominic mccann, ceo of btl, who works with energy companies to use blockchain to cut costsing. alix: i'm alix steel and welcome to "bloomberg: commodities edge." it's 30 minutes to focus on companies, physical assets, and

the ceo of btl is working with energy companies to use blockchain's to cut costs. ♪ i am alix steel andg commodities edge. 30 minutes focused on the companies and trading

this data does not necessarily capture btl investors very well.out with recently saying the retail crowd is still heavily invested in emp. as well.is in etfs equities and bonds in etf has been extremely popular. they have seen outflows, judging by the heavy inflows. guy: is that relative to a benchmark, history? what do you mean? hugehave a he looked -- amount of e.m. in their portfolio. how much overweight are they? with the etftalk specifically, so far this year we have seen a record amount of inflows. these are really popular details. that isn't just retail. other people are using e.m. for other reasons. we like to use these as an indicator. there are certain etf's like of vanguard we associate with retail investors, no outflows, steady inflows. burger,nk you, dani talking about what is happening with this em story. jay powell is delivering commentary in zurich. we are waiting for him to speak. l talkalk about -- we wil about conversations with shire reaching a megadeal, next. this is bloomberg. ♪ matt: 42 minutes in the trading day. we are loo

. >> pritchard is finding lit btl bits of space as well. here's ince. exchange of passes. bellerin across. huddersfield first to everything at the moment. here's ince. now schindler. mkhitaryan. he came on at halftime to try and saveman che-- save manchest united. pritchard trying to cause more problems. here's ince, who has looked very lively so far. tom ince on his way back from injury but keen to make a point, i think. >> well, again, it's pritchard. lovely pass, picks out ince. probably could have crossed that for mounie, really, but why not try it. lovely left foot, tom ince. just misses the target there. every huddersfield player has been better than the arsenal player so far. just need something to show for it, huddersfield. >> lacazette. 14 premier league goals for him. stay maybe a sense he's underachieved a little. he's had injury issues. they will hope those in power and whoever does have the manager's job that he and -- have the power next season. they should. kolasinac with the throw then. arsenal with barely a chance to speak of so far. it has been all about

he says beijing enjoys the benefits of the btl membership but does not abide by the rules. administration is making progress in trade talks with china, including its treatment of the te -- zte. >> the united states is the most open and the most exploited market in the world. eloquentlyd europe espoused free-trade rhetoric, but in actual practice, are far more protectionist than the united states. paul: the latest minutes from the iba show policymakers expect capacity in the labor market for some time. underscoring the economies status. the minutes also show further signs of gentle strengthening in volumes recovering from earlier declines. household debt remains high creating uncertainty around the consumption growth. israeli forces have killed at least 55 people in clashes with palestinian protesters on the gaza border. one day was the deadliest day in gaza since the 2014 cross-border work. the protests came as the u.s. moved it embassy from tel aviv to jerusalem. gaza's rulers lead opposition to the move while the palestinian athorities say it will launch war crimes case a