{"id":6217,"date":"2018-09-05T02:59:40","date_gmt":"2018-09-04T21:29:40","guid":{"rendered":"https:\/\/www.digitalcreed.in\/?p=6217"},"modified":"2020-05-25T17:20:09","modified_gmt":"2020-05-25T11:50:09","slug":"oracle-blockchain","status":"publish","type":"post","link":"https:\/\/www.digitalcreed.in\/oracle-blockchain\/","title":{"rendered":"Autonomous technology is making Blockchain networks enterprise-grade"},"content":{"rendered":"
An enterprise-grade blockchain solution enables businesses to deliver business results, drive innovation, reduce risk, complexity and increase efficiency and accelerate time to market.\u00a0 Blockchain is one of today\u2019s most disruptive emerging technologies. In fact, 10% of the Global GDP will be stored in blockchain technology by 2027 and about $176 billion business value-add of blockchain is expected by 2025.<\/p>\n
The Banking and Financial Services industry has been first off the blocks in the adoption of blockchain technology. But other sectors such as government, manufacturing, pharma, real estate, education, oil and gas, and telcos are beginning to move beyond the proof of concept stage towards actual business applications.<\/p>\n
We spoke to Vaibhav Gawde, Head-Sales Consulting, Oracle India <\/strong>for an update on how blockchain is being adopted across industries. Vaibhav also told us how Oracle is enabling enterprises like Indian Oil to create their own customised blockchain networks and to invite ecosystem partners to participate.<\/p>\n He mentions that this can only work if the blockchain network is self-driving<\/strong>, self-securing<\/strong> and self-repairing. <\/strong>And that\u2019s what Autonomous technology is enabling. Oracle\u2019s new Blockchain Cloud Service is based on autonomous technology, which makes a blockchain network more secure, reliable and highly available.<\/p>\n DC:\u00a0 Can you give us a quick update on where you stand in the Cloud services market?<\/strong><\/p>\n