Oracle Blockchain Contributions
Oracle has added developer-oriented productivity enhancements, enhanced privacy, confidentiality, and identity management features that are critical to diverse organizations conducting business transactions. New DevOps capabilities make the platform easier to integrate with existing business and IT systems. Additionally, as blockchain becomes an important data store in the enterprise, the platform enables Oracle Autonomous Data Warehouse customers to transparently capture blockchain transaction history and current state data for analytics and to integrate it with other data sources
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| source: Oracle Blog |
I found one of the new cool features to be much welcome in the portfolio:
- Rich history database shadows transaction history into a relational database schema in the Autonomous Data Warehouse or other Oracle databases, which transparently enables analytics integration for interactive dashboards and reports. Here is an example of the use of rich history stored on Oracle's Autonomous Datawarehouse and visualized using Oracle Analytics Cloud.
One more important thing is the introduction of the Third-party certificate support for registering client organizations on the blockchain network to enable them to use existing certificates issued by trusted third parties. The security was a major topic in the Enterprise world, so did the Oracle what other big developing companies do, introduce the standard methods of security.
To avoid the Lock-In seen in the previous licensing models, the big companies need to contribute to the development of Blockchain services with the same speed as other smaller communities do. This is the only way to hold the sustainabillity of the Blockchain Ecosystem.
