Oracle Blockchain Platform Digital Assets Edition
Oracle Blockchain Platform Digital Assets Edition is an extension of Oracle Blockchain Platform. Digital Assets Edition extends the transformative capabilities of blockchain into the realm of digitally native assets, enabling organizations to create, manage, and transact tokenized representations of physical and intangible assets. The platform empowers financial institutions and other businesses to build end-to-end applications quickly and cost-effectively using a scalable and secure architecture. Built on Hyperledger Fabric based permissioned blockchain infrastructure, it ensures a secure, scalable, and enterprise-ready environment for managing the complete lifecycle of digital assets - from issuance and transfer to tracking and settlement.
Oracle Blockchain Platform Digital Assets Edition extends the general-purpose blockchain platform with new features and supplies pre-built applications and components for use in scenarios such as central bank digital currency (CBDC) and digital bond marketplaces as well as numerous other digital asset use cases.
What does Oracle Blockchain Platform Digital Assets Edition include?
- An enhanced version of Oracle Blockchain Platform with added features and components to facilitate deploying comprehensive digital assets solutions. Oracle Blockchain Platform stores data on a permissioned blockchain based on the Linux Foundation open-source Hyperledger Fabric project.
- An enhanced version of Blockchain App Builder, which assists with rapid development, testing, debugging, and deployment of secure chaincodes that handle multiple digital assets. Blockchain App Builder also provides tools for automated generation of wrapper APIs from any generated chaincode, including the related Terraform scripts to deploy them along with a Postman collection for quick testing of the APIs. For information about the standard version of Blockchain App Builder, see Build Chaincodes with Low-Code Blockchain App Builder. For information about the enhancements, see Blockchain App Builder Enhancements.
- Prepackaged chaincodes for two domain-specific applications: wholesale central bank digital currency (CBDC) and a bond marketplace, along with chaincode specification templates for deposit token, generic fungible token, generic non-fungible token, and combined token applications.
- Wrapper API packages for the wholesale CBDC and bond marketplace samples. These also contain a Terraform script that provisions all of the necessary OCI resources, as well as a Postman collection to quickly test the APIs.
- A sample UI application for wholesale CBDC, based on Oracle Visual Builder. Oracle Visual Builder is a cloud-based software development Platform as a Service (PaaS). The sample application includes support for multiple personas.
- Sample analytics dashboards for wholesale CBDC, based on Oracle Analytics Cloud. The sample analytics dashboards provide real-time insights into wholesale CBDC transactions.
What Are the Advantages of Oracle Blockchain Platform Digital Assets Edition?
With its unique focus on digital asset tokenization and lifecycle management, it simplifies complex processes such as compliance, asset transfers, and ownership verification while ensuring real-time tracking and auditability.
Key features tailored to Oracle Blockchain Platform Digital Assets Edition include:
- Pre-Built Application-Specific Templates
- Tailored templates and modules reduce the complexity of implementing blockchain solutions across diverse industries and use cases. These features empower you by embedding domain expertise directly into the platform, enabling faster time to market and reducing dependence on external expertise.
- Low-Code Development Frameworks
- The platform simplifies application creation with user-friendly tools and pre-configured smart contracts. This approach ensures you can rapidly design, test, and deploy solutions, reducing time to market and enhancing agility in a competitive environment. By lowering entry barriers, you can focus on creating value and innovating without being hindered by technical overhead.
- Scalable and Cost-Effective Architecture
- The platform infrastructure eliminates the need for extensive initial investments by offering ready-to-use solutions that scale with organizational needs. This reduces operational costs and makes the digital assets innovation accessible to all.
- Integrated Governance and Security Features
- Built-in permissioned access and governance tools streamline digital assets adoption while maintaining robust security protocols. Role-based access control provides a granular permission model to secure privileges to perform token lifecycle operations and approval models aligned with best practices for financial operations.
- Modular Design that Accelerates Innovation
- The platform supports iterative development with a composable architecture and modular design, enabling real-time updates and seamless integration of advanced features. This flexibility drives innovation, allowing you to stay ahead of market trends and evolving customer demands.
Benefits of Oracle Blockchain Platform Digital Assets Edition
- Instant domain expertise
-
- Instant access to specialized domain expertise enables faster market entry
- Avoid high costs of hiring experts for digital assets
- Leverage financial expertise to create digital asset solutions without the steep blockchain learning curve
- Rapid application development
-
- Shorten development cycles especially when building applications from scratch
- Ability to leverage an agile process due to quicker development cycles
- Prepackaged components and frameworks reduce development time and maintain flexibility
- Cost-effective development
-
- Reduce high development costs for extensive in-house development resources and overhead
- Reduce resource limitations for smaller teams
- Lower barriers to entry for smaller businesses
-
- Overcome high entry barriers due to high capital expenditure, need for specialized expertise, and lengthy product development
- Accelerated innovation
-
- Streamlined processes speed up innovation cycles
- Built-in secure controls
-
- Role-based access control provides protection from unauthorized access of senstive data and systems
- Protects your brand and customer loyalty
