Oracle’s (NASDAQ:ORCL) Blockchain Cloud Services Adopted Worldwide

Oracle’s (NASDAQ:ORCL) Blockchain Cloud Services Adopted Worldwide

Oracle’s (NASDAQ:ORCL) Blockchain Cloud Services Adopted Worldwide

$ORCL

Businesses around the world have been deploying an early adopter version of Oracle (NASDAQ:ORCL) Blockchain Cloud Service, which becomes generally available today.

The service allows organizations to easily build blockchain networks to drive more secure and efficient transactions and to track goods through supply chains on a global scale.

Arab Jordan Investment Bank, CargoSmart, Certified Origins, Indian Oil, Intelipost, MTO, Neurosoft, Nigeria Customs, Sofbang, Solar Site Design and TradeFin are among the many global organizations that have adopted Oracle’s blockchain platform already

Oracle Blockchain Cloud Service provides customers with a development platform to build their own networks, and to quickly integrate with Oracle SaaS and 3rd-party applications they already use, as well as other blockchain networks and Oracle PaaS services. It also enables users to provision blockchain networks, join other organizations, and deploy and run smart contracts to update and query the ledger.

Oracle’s blockchain platform leverages the company’s decades of experience across industries and its extensive partner ecosystem to reliably share and conduct trusted transactions with suppliers, banks, and other trade partners through blockchain.

“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,” said the E-VP Oracle Cloud Platform.

Blockchain has the power to impact almost all industries and has applicability to verticals from transportation, supply chain and logistics, energy, retail and e-Commerce, to financial services, telecommunications and the public sector.

Symbol Last Trade Date Change Open High Low Volume
NASDAQ:ORCL 48.64 18 July 2018 -0.26 48.79 49 48.4 19,225,400
HeffX-LTN Analysis for ORCL: Overall Short Intermediate Long
Bullish (0.25) Bullish (0.29) Bullish (0.35) Neutral (0.11)

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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