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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 Hyperledger Besu?

Hyperledger Besu is an Ethereum client designed specifically for enterprise-level applications that operate within both public and private permissioned networks. It can function on several test networks, including Rinkeby, Ropsten, and Görli, which facilitates extensive testing and development. This client offers support for a variety of consensus mechanisms, such as Proof of Work (PoW) and Proof of Authority (PoA), incorporating options like IBFT, IBFT 2.0, Ethash, and Clique to meet different operational needs. Its strong permissioning frameworks are tailored for consortium environments, ensuring secure and controlled access. Moreover, Hyperledger Besu aligns with the Enterprise Ethereum Alliance (EEA) specifications, which are designed to create consistent interfaces across a range of Ethereum projects, whether they are open-source or proprietary. This alignment is pivotal in preventing vendor lock-in and promoting standardized interfaces for efficient application development. By integrating its enterprise features with EEA client standards, Hyperledger Besu plays a significant role in bolstering the Ethereum ecosystem. In addition, the implementation of varied consensus algorithms is essential for functions like transaction and block validation as well as the creation of new blocks, thereby significantly enhancing its reliability and performance, which is crucial for enterprise adoption. As a result, users can benefit from a well-rounded platform that addresses both scalability and security in their blockchain initiatives.

Media

Media

Integrations Supported

Oracle Cloud Infrastructure

Integrations Supported

Oracle Cloud Infrastructure
Bloq
Chainlens
Consensys Quorum
Evernym Verity
Fujitsu Biometrics-as-a-Service
GraphQL
Hitachi Data Protection as a Service
IBM Cloud
Kaleido
KrypCore
NTT Cloud Communications
Precisely Contracts
Quant
SAP Cloud Platform
SettleMint
Splunk Cloud Platform
Thales Sentinel
Truffle POS
Wipro Cloud Studio

API Availability

API Availability

Has API

Pricing Information

$0.215 per hour

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Linux

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/blockchain/

Company Facts

Organization Name

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/besu

Categories and Features

Blockchain

Not specified

Smart Contract

Not specified

Categories and Features

Blockchain

Not specified

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