Or­a­cle lever­ages open source to de­velop en­ter­prise-fo­cused blockchain tech­nol­ogy

OpenSource For You - - Fossbytes -

Or­a­cle has fi­nally planned to en­ter the grow­ing blockchain space by launch­ing its en­ter­prise-cen­tric Or­a­cle BlockChain Cloud Ser­vice. The new dis­trib­uted ledger cloud plat­form is based on the open source Hyper­ledger Fab­ric project, which has been hosted by the Linux Foun­da­tion and re­ceives con­tri­bu­tions from a group of com­pa­nies, in­clud­ing Or­a­cle.

“Or­a­cle Blockchain Cloud Ser­vice pro­vides en­ter­prise-grade blockchain ca­pa­bil­i­ties and is able to ac­cel­er­ate in­no­va­tion for on-premise ERP, cloud­based SaaS (Soft­ware-as-a-Ser­vice) and PaaS (plat­form-as-a-ser­vice) cus­tomers,” said Amit Zav­ery, se­nior vice pres­i­dent, Or­a­cle Cloud Plat­form.

The new blockchain plat­form is a part of Or­a­cle Cloud Plat­form — touted to de­liver en­ter­prise-grade re­silience, scal­a­bil­ity and se­cu­rity. It also helps en­ter­prise cus­tomers stream­line op­er­a­tions and ex­pand their mar­ket reach by us­ing open source devel­op­ments and main­tain­ing open stan­dards.

Or­a­cle has de­vel­oped an ap­pli­ca­tions in­te­gra­tion tool­kit that comes with in­te­grated ap­pli­ca­tions, sam­ple code, tem­plates and de­sign pat­terns to help en­ter­prises rapidly de­ploy blockchain ap­pli­ca­tions to Or­a­cle SaaS and on-premise ap­pli­ca­tion suites. The plat­form also works with real-time in­for­ma­tion-shar­ing across ex­ist­ing Or­a­cle ERP Cloud, Or­a­cle SCM Cloud, Net­suite SuiteCloud Plat­form or cus­tom blockchain ap­pli­ca­tion in­te­gra­tion.

There is REST API sup­port to let en­ter­prises in­voke blockchain ser­vices di­rectly or with some pre-built in­te­gra­tions from Or­a­cle Cloud.

Or­a­cle has also pro­vided an API man­age­ment ser­vice to en­able easy app de­vel­op­ment in the cloud or on-premise.

Com­pa­nies like Ac­cen­ture, In­fosys and Intel have part­nered with Or­a­cle to start de­ploy­ing the newly launched Or­a­cle Blockchain Cloud Ser­vice. “Our col­lab­o­ra­tion with Or­a­cle is aimed at de­vel­op­ing a blockchain cloud ser­vice for en­ter­prises that helps to ad­vance the pri­vacy of blockchain trans­ac­tions and im­proves the in­ter­op­er­abil­ity of tra­di­tional data­bases and blockchains,” said Rae­jeanne Skillern, vice pres­i­dent of the data cen­tre group and GM, cloud ser­vice provider group, Intel.

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