Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management

Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains. Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list. The new product…

Indian Govt. Think Tank, Oracle Aim for Blockchain Drug Logistics

Indian Govt. Think Tank, Oracle Aim for Blockchain Drug Logistics September 29, 2018 by Akshay Makadiya Indian government think tank NITI Aayog has officially signed a partnership with info-tech heavyweight Oracle and others to pilot a blockchain-powered pharmaceutical logistics system aimed at combating the growing spread of counterfeit drugs. Also see: Wealth Manager App B21 Secures Enterprise Account at OKCoin Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Weeding Out the Counterfeit Drugs The National Institute of Transforming India (NITI Aayog) and Oracle India have inked an…

Programmable Money: Bitcoin Cash Community Debates Oracle Driven Upgrade

Lately, there’s been a lot of conversation directed at adding a canonical transaction ordering (CTOR) process to the Bitcoin Cash protocol. Then there’s the topic of whether or not the BCH developers should add the opcode OP_Checkdatasig (CDS) into the codebase. Some believe CDS will be beneficial to Bitcoin scripting applications and allow for all types of smart contracts and decision-based transactions. However, others think adding CDS is unnecessary, and may compromise network security. Also read: Crypto-Community Debates Bitcoin Core Bug and a ‘Forced Upgrade’ OP_Checkdatasig: The Possibility of Oracles, and…

Tech Giant Oracle Launches Blockchain Cloud Service Platform

Tech giant Oracle has formally launched its much-anticipated blockchain service, and many global organizations have already jumped aboard the platform. News of Oracle’s new blockchain platform first came to light in May, as reported by CCN. At the time, Thomas Kurin, Oracle’s president of product development, mentioned how this upcoming platform would be integrated with other existing services. After Years in The Making, The Platform is Ready for The World Today, those goals began to come to life. The Oracle Blockchain Cloud Service offers its clients a safe environment to…

IT Giant Oracle Confirms General Release of Its Blockchain Cloud Service

US computer technology multinational Oracle confirmed the general release of its blockchain platform in an official press release July 16. The launch follows a series of trials with banking, business and government clients. Oracle Blockchain Cloud Service (OBCS) focuses on transaction efficiency and supply chain authentication, using Hyperledger Fabric as its basis. Existing users of a pre-release version of the product include Arab Jordan Investment Bank (AJIB), Indian Oil and Nigeria Customs, according to the press release. “Blockchain promises to be one of the most transformative technologies of our generation,”…