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Oracle Blockchain Cloud

Oracle Blockchain Cloud

Overview

What is Oracle Blockchain Cloud?

Oracle offers the Blockchain Cloud PaaS, a complete, production-ready blockchain platform based on Hyperledger Fabric.

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Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

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Pricing

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What is Oracle Blockchain Cloud?

Oracle offers the Blockchain Cloud PaaS, a complete, production-ready blockchain platform based on Hyperledger Fabric.

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  • No setup fee

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  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Oracle Blockchain Cloud?

Oracle offers the Blockchain Cloud PaaS, a complete, production-ready blockchain platform based on Hyperledger Fabric.

Oracle Blockchain Cloud Competitors

Oracle Blockchain Cloud Technical Details

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Reviews and Ratings

(4)

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Reviews

(1-2 of 2)
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Robert van Mölken | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Oracle Blockchain Platform is currently being consulted in the food & agriculture sector. Specifically around food traceability and waste (i.e. to support a circular economy) and to improve transparency between a broad network of farmers/producers, processors, distributors, retailers (and consumers). In the current situation of an contamination it can take up to days, weeks and even months to find the sources and contaminated assets. Using blockchain we van inform all chain partners within minutes.
  • Within an hour you can set up your initial network, provision all the technical components through an easy to use console, link all organizations together and join all partners to the same chain.
  • Out-of-the-box APIs to interact with smart contracts, and to interact with other Oracle Cloud PaaS and SaaS.
  • Start implementing business processes into smart contracts using the Blockchain App Builder tool through declarative configuration.
  • Integration with Oracles (external information sources) and other Blockchains from within smart contracts
At AMIS we believe that blockchain can be a valuable technology for at least the following industries; Food & Agriculture, Smart Asset Management and Social Housing.
  • Quickly possible to transform an business process into a Blockchain network and decentralized appplication (smart contract)
ayman qadoumi | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Oracle Blockchain is currently in use across the bank to serve cross boarders money transfer between our subsidiaries outside Jordan. Traditionally, funds transfer will take up to 3 days to be deposited in the beneficiary account, in addition to the high cost of this transaction and data privacy issue because of intermediaries.
  • Because of the ready set of APIs, it becomes easy to interact with Oracle Blockchain Cloud, and to integrate with other systems.
  • The built-in security features, such as identity management and data encryption, made it an ideal choice given our industry requirements and compliance needs.
  • The deployment flexibility, as it enabled us to choose either using the private cloud option, deploy on Oracle public cloud, or a mix between them in a hybrid deployment.
  • We need to see Oracle Blockchain Cloud communicate and integrate with other BC networks.
I believe Oracle Blockchain Cloud is a promising technology in the area of data privacy and e-KYC, especially in the banking industry, as it can be a centralized source of customer information for financial institutions, which will make it as a single source of truth. In my opinion, this will serve the purpose of an open banking concept. Also, and because of the Blockchain characteristics, I see a fundamental role for it in overcoming PKI limitation and enhancing IoT.
  • It has a direct positive impact on ROI, and by eliminating intermediaries from the process, we saved the related cost, which makes funds transfer cheaper.
  • It's provided more simple back-office operations, which again has a direct positive impact on ROI by saving staff time and efforts in handling transactions.
The local presence of Oracle and their support make this initiative a success story. The built-in features include such as the ready set of REST API's, enhanced security features, and strong monitoring tools.
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