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What is Blockchain from Oracle?
Oracle offers an easier way to adopt blockchain and transform your enterprise with the industry’s most comprehensive and enterprise grade blockchain platform. Oracle Blockchain Platform securely extends your business processes and applications while enabling you to process business transactions much faster.
Blockchain Key Features
Preassembled, Managed Service
- A fully managed cloud platform for rapid provisioning and simplified administration of blockchain networks
- Includes all components: infrastructure dependencies, Hyperledger Fabric components, REST proxy, and operations console
- Easy partner onboarding with preintegrated, built-in identity verification
Open
- Built on open source Hyperledger Fabric software
- Interoperable with non-Oracle Hyperledger Fabric instances deployed in your data center or third-party clouds
- Accessible from on premises using REST API and Fabric SDK
Plug-and-Play Integrations
- Rapidly integrate Oracle SaaS, on-premises applications, and third-party applications using Oracle Integration
- Includes out-of-box API integration for Oracle FLEXCUBE Core Banking, NetSuite ERP, and Oracle Banking API platform
- Easily integrate applications via REST APIs with tooling for API lifecycle management
Enterprise Grade
- The industry’s most comprehensive blockchain cloud platform, managed by Oracle
- Built-in, high availability, and continuous backup or archiving for multidata center disaster recovery
- Enhanced security with data-at-rest encryption, certificate revocation management, and role-based identity management
- Achieve a higher throughput with parallel execution in the world’s #1 database, using record-level locking
Automated Operations
- Administration and operations: autoprovisions all components and dependencies, integrated identity management, embedded backup, auto recovery, and monitoring
- Security monitoring and management: adaptive intelligence-enabled cyberthreat detection and remediation, automatic data encryption in transit and at rest, automatic zero downtime security patching
- Availability and maintenance: automated downtime protection—high availability, auto recovery, zero downtime patching and upgrades for 99.95% availability SLA
Expertise and Experience
- Oracle offers deep-domain industry experience to help you implement new blockchain solutions or integrate existing applications
- Support from Oracle Blockchain Platform experts to help prototype and bootstrap customer projects
- Design and implementation expertise available through Oracle Consulting and partners trained on Oracle Blockchain Platform
Oracle blockchain applications are prebuilt and seamlessly connect with Oracle SaaS, PaaS, and other cloud and on-premises third-party applications. They provide end-to-end visibility into multienterprise supply chain networks, establish trust between participating trading partners, and reduce development time. Businesses gain immediate benefits and achieve faster results.
Blockchain Featured Applications
Oracle Intelligent Track and Trace
Record nondisputable transactions from respective partner enterprise applications.
Oracle Product Lineage and Provenance
Verify pedigree, serialization, and genealogy of product components.
Oracle Intelligent Cold Chain
Provide a comprehensive track-and-trace system for food and pharmaceuticals.
Oracle Warranty and Usage Tracking
Provide product usage tracking of high-value assets for rental, warranty, service, and insurance.
Blockchain Business Benefits
Are you ready for new opportunities from a transformative technology?
- Enable new business models with a preassembled blockchain platform
- Rapidly onboard network participants with an enterprise-grade blockchain
- Improve transparency across your IT ecosystem with plug-and-play integrations
Looking for ways to extend your business network and improve time to market?
- Drive new business through plug-and-play integrations
- Quickly expand blockchain networks worldwide using Oracle’s data center footprint
- Speed-up existing business processes with Oracle’s integration accelerators for SaaS and applications
Looking to expand faster and with less risk?
- Reduce the delays and expense of manual processes with Oracle’s secure, enterprise-grade blockchain platform
- Reduce risk from a single point of failure and insider attacks with hybrid blockchain deployments
- Reduce errors with Oracle’s process and integration tools
Retraced and Oracle Blockchain Cloud provide supply chain transparency for the fashion industry
“If the consumer trusts the brand, likes the product, and knows where the product comes from, they will come again to you and they will order again.”
—Lukas Punder, Co-Founder, Retraced and CANO shoes
Oracle Blockchain Platform Enterprise Edition 19.3 is now available
Some customers operate in industries and countries where in order to meet the data sovereignty or data residency requirements they can’t deploy their blockchain instances on Oracle Cloud. Oracle Blockchain Platform Enterprise Edition gives them a pre-assembled platform for building and running smart contracts and maintaining a tamper-proof distributed ledger using an independently-installable version of Oracle Blockchain Platform built on Docker containers and delivered as a pre-built VM image for multiple virtualization options.
