Oracle Announces Blockchain As A Service

Blockchain is one of the top tech trends of 2017. IBM, Microsoft and many other companies have already announced blockchain as a service platforms.

Today, Oracle has announced a new cloud-based blockchain as a service at its OpenWorld conference. Similar to IBM, Oracle’s blockchain service is built on the open source blockchain project, Hyperledger Fabric project.

Hyperledger Fabric is a platform for distributed ledger solutions, underpinned by a modular architecture delivering high degrees of confidentiality, resiliency, flexibility and scalability. It is designed to support pluggable implementations of different components, and accommodate the complexity and intricacies that exist across the economic ecosystem.

Hyperledger Fabric delivers a uniquely elastic and extensible architecture, distinguishing it from alternative blockchain solutions. Planning for the future of enterprise blockchain requires building on top of a fully-vetted, open source architecture; Hyperledger Fabric is your starting point.