Oracle Blockchain Benefits

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Oracle Blockchain Benefits
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Introduction

• Oracle blockchain is built on the Linux
  Foundations Hyperledger Fabric. Its cloud
  services enable organizations to develop
  blockchain networks that facilitate more secure
  and efficient transactions. It also makes it
  easier to maintain visibility of international
  supply chains. Oracle's blockchain platform
  benefits from decades of Oracles industry
  experience and its broad ecosystem of partners to
  reliably share and carry out reliable
  transactions with suppliers, banks, and other
  business partners.

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The Benefits of Blockchain

• The benefits of Blockchain are given below

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Greater transparency

• Transaction histories are more transparent
  through the use of blockchain technology. Because
  blockchain is a type of distributed ledger in
  which all participants of the network share the
  same documentation as all have their individual
  copies. The shared version can only be updated
  when all participants agree. Changing a single
  transaction record would require the alteration
  of all subsequent records and the collusion of
  the entire network. Therefore, the data in a
  blockchain are more accurate, consistent and
  transparent than when subjected to heavy
  processes.

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Enhanced security

• Oracle Blockchain is more secure than other
  record keeping systems because transactions must
  be agreed to by to blockchain network before they
  are approved. After a transaction is approved, it
  is linked to the previous transaction. This,
  coupled with the fact that the information is
  stored in a computer network instead of a single
  server, makes it very difficult for hackers to
  compromise transaction data.

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Improved traceability

• When exchanges of goods are recorded on a
  blockchain, users can easily track the
  availability of those products in real time.
  Historical transaction information helps to
  verify the accuracy and authenticity of data. On
  top of that, they also prevent fraud.

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Get the consult of an expert

• For superior Oracle solutions, businesses are
  better of contracting Oracle Gold Level Partners
  who know how to develop, implement and sell
  products and services across Oracles entire
  portfolio.

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Contact Us

• Chetu, Oracle Certified Gold Level Partner
  Company.
• Website https//solutions.oracle.com/scwar/scr/Pa
  rtner/SCPP-CHETU.html
• Address 10167 W Sunrise Blvd, Suite
  200,Plantation, FL 33322
• Phone [phone]
• Fax [phone]

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