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.
Oracle-managed services that run on OCI.
Provision the platform with a few clicks and get all Hyperledger Fabric nodes and underlying infrastructure services (compute, containers, network, storage, identity management).
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.
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.
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.
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.
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.
Define an endorsement policy specifying the number of required signatures and specific organizations' whose endorsements you require.
Automate manual tasks and synchronize with systems of record by posting custom events from chaincode to trigger back-office updates or downstream actions.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Deploy blockchain instances in multiple Oracle Cloud regions around the world to connect organizations across countries and continents.
Connect organizations deployed on-premises or in third-party clouds.
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.
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.
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.
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.
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.
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.
Focus on applications with Oracle-managed service monitoring, integrated identity management, autonomous recoverability, and zero-downtime patching and upgrades.
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.
“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.”
Deputy General Manager, Information Technology and Security, Arab Jordan Investment Bank (AJIB)
“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.”
Founder & CEO Everledger
“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.”
CEO, CargoSmart Limited
“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.
“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.”
Cofounder and CTO, retraced
“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.”
Chief Information Officer, Certified Origins Italia Srl
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.
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.
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.
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
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.
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.
Oracle Blockchain Platform enables customers to earn tokens, which they can seamlessly redeem rewards at any of the retail partners on the blockchain network.
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).
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 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.
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.
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.
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.
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
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.
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.
Oracle Blockchain Platform helps track deliveries over multiple modes and tiers of transport providers, with multiple hand-offs tracked over blockchain to eliminate risks that stem from inefficient and faulty data integrations
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.
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.
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.
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.
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.
Customs service puts inefficient and fraud-attracting export licensing process on Oracle Blockchain Platformblockchain to reduce fraud and improve excise tax collection.
Criminal investigations track evidence chain of custody on a distributed ledger built on Oracle Blockchain Platform that connects multiple labs and increases public trust.
Oracle Blockchain Platform’s immutable distributed ledger helps manage visa cases and track documents for more efficiency and transparency, and helps prevent less fraud.
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.
Comparison Price ( /vCPU)*
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.
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:
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