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 build and test their own networks. Not just that — users will be able to easily integrate Oracle’s Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and third-party applications.

 

As part of its platform, Oracle offers its clients the chance to program and test smart contracts capable of querying the ledger, as well as join other organizations, or even procure blockchain networks.

 

The executive vice president of Oracle Cloud Platform, Amit Zavery, said, “We are excited to announce the availability of Oracle Blockchain Cloud Service. It is the result of years of R&D alongside our valued partners and customers. With Oracle’s platform, enterprises can enhance their business, eliminate unnecessary processes, and transact with their distributed networks more easily, transparently and securely than ever before.”
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