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Oracle Blockchain Platform Cloud Service

Oracle Blockchain Platform Cloud Service offers a pre-assembled platform for running smart contracts and maintaining a tamper-proof distributed ledger. Built on the open source Hyperledger Fabric, it makes it easy to build secure and verifiable applications that share immutable, trusted data with suppliers, banks, partners, and any other relevant party. It is a production-ready managed service providing an industry leading permissioned enterprise blockchain, with 99.95% availability, integrated identity management, and broad applicability across industries with rich integration to Oracle's leading applications.

Keeping the food supply safe with enterprise blockchain.

Blockchain Cloud—Easy to build on and out

Oracle-managed services that run on OCI.

Simple provisioning

Provision the platform with a few clicks and get all Hyperledger Fabric nodes and underlying infrastructure services (compute, containers, network, storage, identity management).

Complete blockchain platform

Start with a production-ready Hyperledger Fabric blockchain, including membership services, peer nodes, and ordering service, plus a rich API Gateway and Operations Console from Oracle.

Maximum availability architecture

The only managed enterprise blockchain service with 99.95% SLA providing maximum availability via automatic deployment and replication across three availability domains in OCI regions.

Easy expansion for partner organizations

Easily add partners locally or globally. Provision a new service instance in any supported Oracle Cloud region and complete the guided process to join the new organization.


Blockchain App Builder

Low-code dev/test environment supporting scaffolding, local testing, and automated deployment of smart contracts. Can automatically generate smart contracts from declarative specs and aids in development, testing, deployment. Provides tokenization support with auto-generation of chaincodes for full token lifecycle.

Business logic for blockchain

Create smart contracts for real-time business-to-business transactions or to validate matching purchase orders, invoices, and shipping information prior to payment. Expose through REST API gateway or invoke via client software development kit.

Endorsement policies

Define an endorsement policy specifying the number of required signatures and specific organizations' whose endorsements you require.

Event notifications & Triggers

Automate manual tasks and synchronize with systems of record by posting custom events from chaincode to trigger back-office updates or downstream actions.


Permissioned blockchain with identity management

Control addition of network participants and client-only organizations to ensure only authorized organizations can access permissioned blockchain. Using pre-integrated Oracle Identity Cloud and federation options, define and manage account and roles to control member's privileges. Control channel membership and add read-only peers to a channel to provide visibility to the ledger for auditing purposes. Implement fine-grained access control in smart contracts and request on-demand audits.

Confidentiality domains

Dynamically create channels in the Console's Web UI or programmatically as needed through REST APIs, define authorized members and their roles, then join their peer nodes to run smart contracts and host ledger copies. With the ability to define detailed policies, these channels can be used for sharding to increase scalability, or to isolate groups of member organizations with specific access to separate ledgers and related transactions.

Set up private data collections

Control which channel members can see and store private data in their side databases, shared only with other authorized members, with one-way hashes used to prove the transactions added to the channel ledger.

Use fine-grained access control

Define identities and groups, then combine with resources and operations to create ACLs stored and tracked on-chain, which chaincode developers can check to enforce access permissions.


API and event-driven development

Simplify integrations by invoking transactions and queries running chaincode methods through REST APIs and receive a synchronous or async response when transaction commits. Subscribe to events and receive callbacks to integrate with back-office systems and downstream applications.

SDK-based client development

Enroll members, add peers, create channels, deploy smart contracts, register for events, and run transactions or query ledger data using client components built in Java, Go, or Node.js.

Easy integration

Enable Oracle and third-party SaaS and on-premises systems to invoke transactions or query blockchain nodes through unique enterprise adapters and workflow tools in Oracle Integration Cloud. Simplify event integration with back-office applications using bi-directional event subscriptions.

Blockchain-native apps

Build new applications or SaaS extensions to allow developers to run transactions on the blockchain using IaaS Compute, Java, Oracle Kubernetes Engine, Mobile Hub, Visual Builder, or Integration Cloud Services.

Oracle Apps support for blockchain API

Leverage Blockchain out-of-the-box in Oracle FLEXCUBE core banking, Digital Innovation Platform for open banking, Netsuite SuiteCloud Platform, and other Oracle industry applications.


Globally available

Deploy blockchain instances in multiple Oracle Cloud regions around the world to connect organizations across countries and continents.

Hybrid, multi-cloud deployment

Connect organizations deployed on-premises or in third-party clouds.

Decentralized ordering

Multiple organizations can run and contribute ordering nodes to the blockchain network, enabling greater decentralization, privacy, scalability, and resilience through geo-redundant ordering clusters. Associated channels with different ordering clusters for even greater privacy.

No lock-in, Open Source

Connect non-Oracle blockchain nodes from other clouds and any vendor supporting Hyperledger Fabric. With the open source Hyperledger Fabric from the Linux Foundation, leverage the power of community.

Interoperability resources

Berkeley DB state database

Speeds up the underlying key/value store with powerful Berkeley DB with SQLite interface, enabling greater concurrency, and SQL-based rich query support at 10 times the performance of other key/value databases.

Rich history database

Can stream transaction history to Oracle DBCS, ExaCS, or Autonomous Database (ADW/ATP) and integrate with Oracle Analytics or 3rd party BI tools for real-time dashboards, rich visualizations, and reports on blockchain transactions.

Supports blockchain tables

Synchronize rich history data to tamper-evident blockchain tables in the Oracle Database to ensure the integrity of analytics and compliance reports with PL/SQL functions for validation.


Intuitive admin console

View network status from dashboard or navigate to Network, Nodes, Channels, and Chaincodes tabs to view blockchain components and manage the network. View channel and peer metrics, node utilization, browse ledgers and logs for troubleshooting.

Fully automated operations

Focus on applications with Oracle-managed service monitoring, integrated identity management, autonomous recoverability, and zero-downtime patching and upgrades.

Dynamically configure changes, scale nodes and resources

Manage the membership, peers, orderers and CA dynamically. Add or configure network channels and set policies, deploy or upgrade smart contracts using Web console or REST APIs. Scale up, down or out blockchain components and storage, or the entire platform.

Blockchain Cloud Customer successes

Arab Jordan Investment Bank (AJIB)
AJIB Expedites Cross-Border Money Transfers with Oracle Blockchain

“Oracle delivers an enterprise-grade blockchain platform with high resiliency, scalability, and security. The built-in features, such as identity management and data encryption, made it an ideal choice given our industry requirements and compliance needs.”
Ayman Qadoumi,
Deputy General Manager, Information Technology and Security, Arab Jordan Investment Bank (AJIB)

Everledger
Oracle Blockchain Platform Now Available as Part of Everledger's Provenance Tracking Solution

“The inclusion of Oracle Blockchain Platform in our offering enables us to deploy more innovative products and solutions for our customers globally, in particular with improved time to market for business intelligence reporting solutions. Oracle's comprehensive enterprise-grade offering will open our customers to realising more from our blockchain-based platform and crystalise value from the data in their own systems.”
Leanne Kemp,
Founder & CEO Everledger

Cargosmart Limited
CargoSmart improves customers’ operational efficiency with Oracle

“We are leveraging blockchain to simplify complex shipping documentation processes and improve customers’ operational efficiency by building a collaborative network. Oracle Blockchain Cloud Service enables a shorter application delivery lead time with 30% productivity gains compared to other solutions.”
Steve Siu,
CEO, CargoSmart Limited

Circulor
Circulor Offers Transparency for Mineral Sourcing with Oracle Blockchain Platform

“We bring transparency to the supply chain for consumer electronics and electric vehicles manufacturers. Oracle Blockchain Platform enables us to transparently record and share the source of all raw materials using distributed ledger, which prevents unethically sourced minerals from passing through the supply chain. This will also cut costs for miners who currently shoulder this compliance cost in our industry.
Douglas Johnson-Poensgen,
CEO, Circulor

Retraced
Oracle Blockchain Cloud Platform Ensures Ethical Sourcing in Fashion

“Having the infrastructure, database, and blockchain application running on one platform made it so much easier for us to expand our platform very quickly and at scale.”
Peter Merkert,
Cofounder and CTO, retraced

CertifiedOrigins
Certified Origins Italia Enhances Supply Chain Traceability and Trust with Oracle Blockchain

“We believe that buyers and growers deserve a world in which authenticity and quality are not only valued but verified. Managing traceability with blockchain technology is the logical progression of the whole traceability process for our Bellucci Premium Extra Virgin Olive Oil. We are using Oracle Blockchain to track shipments of our EVOO from our bottling facility in Italy to the port of arrival in the US. Oracle Blockchain Platform easily integrates with our partners' systems, and we can create smart contracts between supply and distribution actors, thus reducing operational costs.”
Andrea Biagianti,
Chief Information Officer, Certified Origins Italia Srl

Use Cases for Oracle Cloud Blockchain Platform

Banking and Financial Services
Accelerating cross-border funds transfer

Oracle Blockchain Platform provides bank customers with nearly instant funds availability for payments, remittances, corporate or personal accounts and ensures full auditability and AML compliance.

e-KYC for rapid customer on-boarding

Oracle Blockchain Platform helps bank clients to speed through individual account creation process and manages complex KYC document collection requirements for corporate services by providing a tamper proof digital identity.

Asset tokenization in wealth management securities services

Oracle Blockchain Platform integrates with banks to enable customers to tokenize securities for fractional trading and integrate with digital exchanges, providing 24x7 settlement and lower costs.

Brokerage window transfers for funds companies

Oracle Blockchain Platform uses smart contracts to help streamline transfers between mutual fund accounts and self-directed brokerage accounts, benefiting customers by reducing errors and overnight delays, enabling multiple daily transfers.

Smart parametric insurance

Oracle Blockchain Platform uses smart contracts to Link micro-policy creation, issuance, and execution, automating premium setting and settlement for parametric insurance to reduce processing costs and increase customer trust.

Achieve increased trust, traceability, and transparency with Oracle Blockchain Platform to strengthen your core business

By enabling decentralized peer-to-peer business interactions and transactions, Oracle Blockchain Platform allowed SERES to eliminate the need for trusted third parties.

SERES delivers faster and safer invoicing on Oracle Blockchain Platform

“Oracle Blockchain Platform provided us with a great business opportunity—it enables us to provide transactional services with guarantees to our clients, notifying them of every stage of the process with complete security and transparency—which is a very attractive prospect for businesses requiring electronic invoicing services.”
Chema Mínguez Gutiérrez, Transactional Services Manager, SERES

Retail
Authenticated provenance for luxury goods

Oracle Blockchain Platform provides retailers and consumers with trusted provenance information across the entire product journey, linking raw materials, certifications, and manufacturing processes for diamonds from mining to retail.

Ethical sourcing for fashion

Retraced developed platform based on Oracle Blockchain and ATP to enable fashion brands to verify sustainable sourcing of materials and authenticity of artisanal production and provide end-to-end supply chain visibility to the consumers.

Real-time retail loyalty reward points application

Oracle Blockchain Platform enables customers to earn tokens, which they can seamlessly redeem rewards at any of the retail partners on the blockchain network.

Manufacturing and field service
Sustainable and ethical sourcing of conflict minerals

Oracle Blockchain-enabled traceability for high-risk critical raw materials across the electric vehicle batteries supply chain ensures trusted provenance (and track CO2 emissions related to production of battery units and transportation of the materials they depend on).

Intercompany ledger for cross-ERP billing and reconciliation

By using a distributed ledger of intercompany Point of Sale and Invoices, reconciled by smart contracts, Oracle Blockchain enables the verification of accounting rules. These rules perform 2-way or 3-way matches with company systems to enable netting-based settlement and near real-time processing based on validation rules and controls codified in smart contracts with robust ERP integration, automated exception/dispute tracking, and sophisticated analytics integration.

Aviation parts history tracking and maintenance records

Aviation parts history tracking and maintenance records Description: Oracle Blockchain Platform links the supply chain to establish trust in used/reconditioned aircraft parts with full history tracking and keep tamper-evident ledger of all maintenance activities.

B2B platform for inventory visibility, SLA enforcement, geo-origin and authenticity, and invoice financing

A secure B2B transaction platform built on Oracle Blockchain Platform, enables private groups with suppliers, channel partners, banks, contract manufacturers, etc. to coordinate work order progress across the contract manufacturing network, gain real-time visibility into vendor’s inventory, certify and trace geo-origin & authenticity of products, enforce SLAs with Smart Contracts, perform continuous audit, and submit information for 1-click invoice financing.

Optimizing overall equipment effectiveness and predictive maintenance in manufacturing

Oracle Blockchain Platform allows for secure network tracking granular data on component failures and repaired and replaced equipment to provide preventive and predictive maintenance analytics. This data helps enable AI to train CNC machines based on historical data collected from a network of similar machines for optimal machine and operator performance.

Food, agriculture, and CPG
Authenticity of protected origin or geographical indication products

Certified Origins Italia is utilizing the Oracle Blockchain Platform to track and trace the Bellucci brand EVOO from their Italian bottling facility to the port of arrival in the US. This implementation of blockchain technology is a continuation of Certified Origins’ commitment to providing greater food supply chain transparency.

Tracking cattle genomics and CO2 emissions

Oracle Blockchain Platform combines data on animal ancestry and DNA, birth details, and laboratory results with data from retailers, along with tasting data crowdsourced from buying public, and provides a channel for farm-to-fork visibility.

Trusted value chain for CPG product certification

Description: Oracle Blockchain Platform helps maintain a distributed ledger of all certification and supplier data for all Farmer-to-Factory and Factory-to-Consumer steps, which promotes consumer trust, helps to ensure food safety, and narrow recall impacts

Milk pricing based on smart contracts and provenance traceability

Oracle Blockchain Platform connects a milk farmers’ cooperative payment process optimized with Oracle Blockchain and OriginTrail Decentralized Network (ODN) to provide insight and verify traceability and laboratory data in real-time.

Transportation and logistics
Maritime shipping documentation and logistics events

Decentralized consortium of many carriers and ports uses Oracle Blockchain Platform’s distributed ledger to replace one-to-one connections with trusted collaboration, increasing efficiency, providing shipment visibility and transparency through a single source of truth, effectively removing the need for third parties.

Structured document management and exchange for trade logistics

Oracle Blockchain Platform allows for structured, secured and transparent blockchain-based digital document management and exchange platform where all the logistics stakeholders can collaborate in real time for customs clearance, international trade facilitation, cargo handling at seaports, as well as information and registration systems for freight operations and vehicles.

Healthcare and pharmaceuticals
Remote tracking of patient vitals

In healthcare giving the right data to the right people at the right time can save lives. Using Oracle Blockchain Platform’s technology creates a seamless ecosystem that keeps the patient’s distributed team of care providers in sync in real-time.

HealthSync uses Oracle Blockchain Platform to power more intelligent healthcare

“Healthcare infrastructures rely on siloed data, with each institution keeping independent records of the same information. Oracle Blockchain Platform enables our HealthSync Platform to aggregate data in a distributed ledger, giving providers a secure, single source of truth for better decision making.”
Moses Rajan, CEO, HealthSync Inc.

Immutable and trusted testing results data reporting

Oracle Blockchain Platform helps with tamper-evident recording of health test results and related data to ensure transparency in capturing, recording, and reporting of relevant statistics.

Anti-fraud tracking in pharmaceuticals distribution

Fighting the growing problem of fake drugs using Oracle Blockchain Platform’s a distributedblockchain ledger and IoT to register and track all touchpoints in the drug’s movement, leaviesng no scope for record tampering.

Education and training
Smart education credentials

Oracle Blockchain Platform enables colleges and professional education providers to issue tamper-proof credential certifications along with verifiable transcripts for self-sovereign access sharing by students.

Study abroad matching and certifications

Oracle Blockchain Platform helps match study abroad students with the extended education ecosystem of the universities, accreditation and related agencies, and prospective employers

Government and public services
Export license issuance and excise tax tracking

Customs service puts inefficient and fraud-attracting export licensing process on Oracle Blockchain Platformblockchain to reduce fraud and improve excise tax collection.

Forensic chain of evidence

Criminal investigations track evidence chain of custody on a distributed ledger built on Oracle Blockchain Platform that connects multiple labs and increases public trust.

Immigration document and visa tracking

Oracle Blockchain Platform’s immutable distributed ledger helps manage visa cases and track documents for more efficiency and transparency, and helps prevent less fraud.

Blockchain Pricing

Oracle Blockchain Platform Cloud Service offers predictable budgeting with an vCPU-based pricing model. This includes the ability to stop/restart an instance to reduce costs when the platform is not being used to lower costs.

The initial number of vCPUs and storage in an enterprise instance can be adjusted up or down (but not below the minimum) dynamically using the Control Panel, and the new numbers will be reported into the billing system once the scaling operation has been completed.

Blockchain Platform

Product
Comparison Price ( /vCPU)*
Unit Price
Unit
Oracle Cloud Infrastructure - Blockchain Platform Cloud Service - Standard


OCPU per hour
Oracle Cloud Infrastructure - Blockchain Platform Cloud Service - Enterprise


OCPU per hour
Oracle Cloud Infrastructure - Blockchain Platform Cloud Service - Storage

Terabytes storage capacity per month

*To make it easier to compare pricing across cloud service providers, Oracle web pages show both vCPU (virtual CPUs) prices and OCPU (Oracle CPU) prices for products with compute-based pricing. The products themselves, provisioning in the portal, billing, etc. continue to use OCPU (Oracle CPU) units. OCPUs represent physical CPU cores. Most CPU architectures, including x86, execute two threads per physical core, so 1 OCPU is the equivalent of 2 vCPUs for x86-based compute. The per-hour OCPU rate customers are billed at is therefore twice the vCPU price since they receive two vCPUs of compute power for each OCPU, unless it’s a sub-core instance such as preemptible instances. Additional details supporting the difference between OCPU vs. vCPU can be accessed here.

January 14, 2021

What’s Coming for Enterprise Blockchain in 2021

Mark Rakhmilevich, Senior Director, Blockchain Product Management

Blog series on how 2020 transformation of enterprise blockchain is going to impact blockchain evolution in 2021. How are changing customer priorities and unanticipated challenges going to shape enterprise blockchain adoption this year? Read about:

  • Importance of blockchain in multi-tier supply chain visibility, agile vendor on-boarding, and "touchless" customer interactions
  • How blockchain is used in pandemic response solutions and it transformative potential for healthcare in general
  • Financial services blockchain initiatives, including eKYC for banks & financial groups, and how key milestones in CBDC last year have set the stage for CBDC in 2021 and the next few years.

Read more

Featured blogs

View all

Plug and play blockchain integration with other Oracle applications and technologies

On-premises blockchain

Oracle Blockchain Platform Enterprise Edition for greater data privacy

Supply chain tracking

Intelligent Track and Trace app

FLEXCUBE Blockchain Adapters

Share data between Oracle FLEXCUBE and blockchain datasets

Blockchain Database Tables

Database fraud prevention

Get hands-on with Oracle Blockchain Platform Cloud Service

Oracle Cloud Free Trial

Oracle Cloud Free Trial

Get 30 days of access to Oracle Blockchain Platform.

Blockchain Platform LiveLabs

Blockchain Platform LiveLabs

Building Low Code Blockchain Solutions with Blockchain App Builder and APEX.

Product tutorials

Product tutorials

Get hands-on experience and instructions for Oracle Blockchain Platform Cloud Service.

Get started with Oracle Blockchain Platform Cloud Service


Request a demo

Find out how Oracle Blockchain Platform Cloud Service can help you.


Documentation

Read and explore the capabilities and advantages of Oracle Blockchain Platform Cloud Service.


Developer community

Discover developer resources for building blockchain apps from the Oracle developer community.


Oracle Cloud Marketplace

Explore pre-built Blockchain solutions from our partner community.