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What is Oracle Blockchain?

Leverage the Oracle Blockchain Platform Cloud Service to securely exchange trustworthy data among different stakeholders. This platform offers ready-made code for executing smart contracts while maintaining a tamper-proof blockchain, built upon the well-regarded open-source Hyperledger Fabric framework. You can seamlessly modify resources to meet changing demands, providing scalable computing power that can be increased or decreased as necessary. Customers are billed solely based on their actual usage, leading to cost efficiency. The platform supports collaboration from various participants through the easily configurable RAFT consensus mechanism. Moreover, its advanced access control capabilities allow for the management of permissions for each segment of large datasets stored in the cloud. This ensures that smart contract developers can efficiently oversee identities, groups, and resources. Setting up a permissioned blockchain is a straightforward process, requiring no coding expertise, and alleviates the burden of manually provisioning hardware, software, managing certificates, or configuring network components. Consequently, organizations can concentrate more on innovation while minimizing the complexities of infrastructure management. This service ultimately fosters a more collaborative and efficient environment for businesses seeking to harness the power of blockchain technology.

What is BitMark?

A blockchain represents an innovative computing framework that grants open access to all participants without requiring any prior authorization. This technology merges transparency with robust security, utilizing cryptography and consensus algorithms to maintain integrity. Bitmark emerged in 2014 after identifying blockchain's potential to create a fairer society. Conventional institutions depend heavily on various professionals such as accountants, lawyers, and regulators, which often results in increased bureaucracy, elevated risks, and societal strain. The issue of regulatory capture further complicates these dynamics. Essentially, the scaling of our existing institutions proves to be both costly and inefficient. The groundbreaking idea behind blockchain suggests that trust can be built through the use of excess computing power, with algorithms ensuring the reliability of data. As computational advancements progress in line with Moore’s law, society stands to gain from enhanced technologies at progressively lower costs. This evolution not only empowers individual freedom but also reduces opportunities for corruption. Additionally, blockchain technology facilitates smart contracts, which generate and manage digital assets called tokens, potentially transforming concepts of ownership and the nature of transactions in the digital age. Consequently, the rise of blockchain could lead to a significant shift in how we perceive and engage in economic exchanges in our daily lives.

Media

Media

Integrations Supported

Oracle Cloud Infrastructure

Integrations Supported

Oracle Cloud Infrastructure

API Availability

Has API

API Availability

Has API

Pricing Information

$0.215 per hour
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/blockchain/

Company Facts

Organization Name

BitMark

Company Website

bitmark.com

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