Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Oracle to launch blockchain platform-as-a-service

Multinational computer technology giant Oracle is going to unveil its blockchain software this month, according to Bloomberg.

Thomas Kurian, president of product development, said that the company will roll out a platform-as-a-service blockchain product this month, followed by decentralized ledger-based applications in June.

Oracle has been actively involved in the blockchain space. Last year, it joined the Linux Foundation's open source blockchain project Hyperledger in a bid to strengthen the foundation of distributed ledger technology (DLT), accelerate and simplify blockchain deployment, and promote blockchain interoperability.

In October, Oracle launched its Blockchain Cloud Service – an advanced, enterprise-grade distributed ledger cloud platform with industry-leading resiliency, scalability, and security.

Oracle’s products are being built in a way to ensure compatibility with other platforms, Kurian said. He also revealed some of the ongoing blockchain projects. This includes a project with Banco de Chile to log inter-bank transactions on a Hyperledger. Another project with the government of Nigeria seeks to document customs and import duties on blockchain.

Oracle also seeks to push its products to pharmaceutical companies to help them track and trace batches of medicine.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

April 23 14:00 UTC Released

USNew Home Sales Chg MM

Actual

4.5 %

Forecast

-2.5 %

Previous

4.9 %

April 23 14:00 UTC Released

USUnits

Actual

0.692 %

Forecast

0.65 %

Previous

0.667 %

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 656951656951m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 656951656951m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 645131645131m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.