Oracle Steps up its Game with Generation 2 Release for Enterprise Blockchain

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By Michela Menting | 3Q 2020 | IN-5914


Oracle Blockchain Platform Cloud Service Update: New Release Available


In July 2020, Oracle announced a significant update to its Blockchain Platform. The update to the Oracle Blockchain Platform Cloud Service offers a range of new features and a better pricing model, which reflects the maturing demand for enterprise blockchain. With the release, Oracle aims to go beyond experimentation and testing and better cater to production-ready deployments. The focus on improving redundancy, access control, audit capabilities, storage, availability, and pricing reflects the need to ensure enterprise-grade requirements can be met across the Oracle Blockchain Platform (whether cloud-based or on-premises). 

Usability and Pricing Improvements to Entice Live Deployments


While the majority of blockchain trials never end in production, those that do can be highly successful, most notably in the niche markets related to cross-border payments and electronic Know Your Customer (e-KYC) digital identity in financial services, supply chain management, logistics and transportat…

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