Oracle Releasing Its Blockchain Cloud Service

Oracle Releasing Its Blockchain Cloud Service

2018-7-17 18:34

US computer technology multinational Oracle confirmed the general release of its blockchain platform in an official press release July 16.
Oracle Blockchain Cloud Service (OBCS) focuses on transaction efficiency and supply chain authentication, using Hyperledger Fabric as its basis.
“Blockchain promises to be one of the most transformative technologies of our generation,” Oracle Cloud Platform executive vice president Amit Zavery said.
Among banks, current perceptions of blockchain are mixed, with some institutions questioning the true value of the technology for the banking sector.
For transactions, others meanwhile appear positive, AJIB praising Oracle after using the pre-release version of the cloud platform.

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