Beyond Bitcoin: Oracle Prepare Blockchains for Industrial Use by TC Currie

November 14, 2018 Leave a comment

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There’s been a lot of talk recently about blockchains beyond its original use for supporting Bitcoin. Earlier this year, we covered a session in London where the takeaway from the panel was there are too many problems to be solved. But that was in February, and a lot has changed since then.

Judging from some of the blockchain sessions at the recent Oracle OpenWorld conference, the emerging potential uses for blockchain are kind of staggering.

Blockchain uses a technology also described as a “distributed ledger.” That’s an obvious fit for finance, which is all about ledgers, but it turns out the distributed ledger concept can be applied to — well, to almost everything.

According to BlackBook Research, 70 percent of health insurance payers are planning to have blockchain integrated into their systems by the beginning of 2019. That’s 15 months from now. Among the payers with over 500,000 members, that number climbs to 98 percent, with 14 percent currently testing blockchain systems. Read the complete article here.

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Unknown's avatarAbout Jürgen Kress
As a middleware expert Jürgen works at Oracle EMEA Alliances and Channels, responsible for Oracle’s EMEA Fusion Middleware partner business. He is the founder of the Oracle SOA & BPM and the WebLogic Partner Communities and the global Oracle Partner Advisory Councils. With more than 5000 members from all over the world the Middleware Partner Community is the most successful and active community at Oracle. Jürgen manages the community with monthly newsletters, webcasts and conferences. He hosts his annual Fusion Middleware Partner Community Forums and the Fusion Middleware Summer Camps, where more than 200 partners get product updates, roadmap insights and hands-on trainings. Supplemented by many web 2.0 tools like twitter, discussion forums, online communities, blogs and wikis. For the SOA & Cloud Symposium by Thomas Erl, Jürgen is a member of the steering board. He is also a frequent speaker at conferences like the SOA & BPM Integration Days, JAX, UKOUG, OUGN, or OOP.

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