Blockchain Platform Service

Oracle Cloud Infrastructure Blockchain Platform is a managed blockchain service for running smart contracts and maintaining a tamper-proof distributed ledger. Built on the open source Hyperledger Fabric, it simplifies the development of secure and verifiable applications that share immutable, trusted data with third parties such as suppliers and financial institutions.

Oracle Blockchain helps CargoSmart transform shipping (1:03)
Interconnect and Automate Your Organization’s Ecosystem

Read this new Oracle Blockchain ebook to learn the benefits of enterprise blockchain, how it has been used across industries, and why Oracle leads the way in bringing blockchain to the enterprise.

NFT support announced

Learn how Oracle extends tokenization support to handle non-fungible tokens (NFTs), NFT templates, and Blockchain App Builder, and how they can be used to automatically generate and deploy ERC-721 compatible chaincodes on OCI Blockchain Platform.

Oracle tops the Juniper Research Competitor Leaderboard of blockchain vendors

Juniper Research says Oracle innovations make it a go-to enterprise blockchain provider for a growing number of businesses. The report also notes increased deployments in recent years, with a number of customers in advanced pilots or full production.

OCI’s blockchain solution

Our solution is production-ready, offering financially backed 99.95% availability, integrated identity management, operations and development tools, tokenization support, and integration to Oracle’s leading applications.

Why Oracle Blockchain Platform?

  • Quickly provision and link blockchain instances in a network

    Create a permissioned, multiparty blockchain network in minutes without the painstaking work to manage containers, configure individual components, and integrate dependencies. Secure the blockchain with built-in identity management and roles, on-chain access control, and built-in auditing features.

    View the blockchain platform demo (3:17)

  • Automatically generate smart contracts using the low-code Blockchain App Builder

    Included developer tooling supports project scaffolding, local testing and debugging, and automated deployment of chaincode. It can auto-generate basic chaincode CRUD methods from declarative specifications for a variety of use cases to completely automate simple tasks or speed up development of more complex smart contract business logic.

    Watch the Blockchain App Builder webcast (1:00:04)

  • Easily leverage tokenization with fungible and non-fungible tokens

    Tokenization capabilities based on the Token Taxonomy Framework and ERC-20/ERC-721 accelerate many tokenization use cases. Token initialization and lifecycle operations for fungible tokens (FT) and non-fungible tokens (NFTs) are easily generated and deployed.

    Read about tokenization support

  • Connect Oracle Blockchain Platform nodes across OCI, on-premises, with other clouds’ Hyperledger Fabric, and other blockchain ledgers

    Deploy nodes across OCI regions worldwide, and extend them with on-premises or third-party cloud nodes. For diverse ecosystems, you can deploy in or out of Oracle Cloud and interoperate with other Hyperledger Fabric nodes. Orchestrate integrations with other popular ledgers using cross-ledger integration gateways.

    Read about cross-ledger integrations

How Blockchain Platform works

Built on the open source Hyperledger Fabric project from the Linux Foundation, OCI's Blockchain Platform enables customers to quickly provision a preassembled, managed blockchain network. It provides an append-only distributed ledger shared across a network of nodes and organizations. This replaces complex point-to-point dataflows, removes intermediaries, and creates a shared source of truth and trusted transactions.

As a permissioned blockchain, Oracle Blockchain Platform governs the membership and integrates with Oracle Identity Management to provide role-based access authorizations. Blockchain Platform’s operations console allows administrative users to access intuitive web UIs and powerful REST APIs for managing configurations, adding members, and creating channels and policies, and provides full lifecycle management for smart contracts. Blockchain peer nodes execute business logic encoding business terms, validation rules, and events in smart contracts and digitally sign the results with their organization’s Public Key Infrastructure certificates for multiparty endorsements. In Blockchain Platform, smart contracts can be generated automatically from declarative templates using the included Blockchain App Builder—a low-code development tool. The templates’ specs can be used for generic data assets as well as tokens of different types—enabling developers to incorporate fungible and non-fungible tokens for a wide range of use cases.

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)

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 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

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

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

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 Platform webcasts

WSBA Enterprise Working Group
April 19, 2022
Enterprise Tokenization with Hyperledger Fabric
March 24, 2022
Solving Enterprise Challenges with Blockchain Platform
December 2, 2021
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 started with Blockchain Platform

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Develop your blockchain skills

Oracle sets you up for success with complementary resources to help you deploy your blockchain network.

  • Product tutorials

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

    Get started
  • Access a library of documentation

    Oracle Help Center provides guides for getting started, content for advanced use cases, and other detailed information about using Oracle Blockchain Platform with targeted solutions.

    Access Oracle Help Center
  • Learn what’s new in the latest Oracle Blockchain release

    Review readiness material to see what’s new with your Oracle Blockchain solution.

    Review readiness material
  • Developer community

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

    Get connected

    NFT marketplace solution playbook
  • Oracle Cloud Marketplace

    Explore prebuilt blockchain solutions from our partner community.

    Learn more

Request a demo

Find out how Oracle Blockchain Platform can help you.

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