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).
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