Oracle Expanding Its Enterprise-Grade Blockchain Platform.

Oracle Expanding Its Enterprise-Grade Blockchain Platform.

2019-02-13 | Eddy Morgan

Oracle Expanding Its Enterprise-Grade Blockchain Platform.

In line with a recent official 'press release' published, global tech giant named ‘Oracle’ is expanding options on its enterprise-grade Oracle Blockchain Platform. The platform’s new capabilities reportedly will change the existing method of integrating existing business and IT systems, along with speeding up the development and employment of latest blockchain apps.

The new options offer Oracle’s customers with variety of developer tools, identity management and information integration options, like enabling the integration of blockchain transactional history with other information resources.

Specifically, new options embrace an enhanced global state database, an upscale history database information, identity federation and support for Hyperledger Fabric v1.3.

While explaining further in the press-release, Oracle conjointly outlined its key international customers that have successfully incorporated 'blockchain' applications employing its platform. Oracle’s partners embrace China Distance Education Holdings Ltd., supply-chain oriented Circular firm along with the e-document settlement company named ‘SERES’.

Oracle conjointly mentioned other consumers that embrace a variety of worldwide financial institutions along with Arab Jordan Investment Bank, ICS Financial Systems and SDK.Finance.

United States-based Oracle is 'graded' 2nd-largest public software and programming firm after Microsoft, as per 'Forbes'.

Just yesterday, 'IBM' has also revealed its blockchain mainnet out of its data center in Melbourne, Australia. This move can supposedly permit Australian customers to run their blockchain-based apps on the company's cloud and abide by native data laws.

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