Oracle wants to bring blockchain to the masses through a crypto-secure data offering

Cointelegraph

Published Mar 03, 2021 08:00AM ET

Updated Mar 03, 2021 09:40AM ET

While blockchain is known for bringing trust and transparency to multi-party workflows, it can also ensure the immutability of business-critical data. Realizing this potential, technology giant Oracle (NYSE:ORCL) has announced a crypto-secure data management offering that will be provided as a free feature for Oracle converged database users.

Juan Loaiza, executive vice president, Mission-Critical Database Technologies at Oracle, told Cointelegraph that it’s become apparent that customers deploying blockchain solutions often do not require the full capabilities of these implementations. Loaiza also pointed out that the complexity of introducing a completely new technology stack into an IT environment can be burdensome.

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