Oracle and Blockchain
July 28, 2020
Amidst the angst about US big technology companies, Rona, and Intel’s management floundering, Oracle blockchain is easy to overlook. “Oracle Updates Blockchain Platform Cloud Service.” The title alone invokes the image of Amazon’s blockchain platform and its associated moving parts.
The write up focuses on Oracle as if the Amazon and other options do not exist. But the parallels with Amazon’s blockchain services are clearly articulated. The article reports:
Blockchain Platform Cloud Service features stronger access controls for sharing confidential information, greater decentralization capabilities for blockchain consortiums, and stronger audibility when rich history database feature is used in conjunction with Oracle Database Blockchain Tables.
Even more Amazon envy seems to have influenced this “new” feature:
Oracle Cloud Infrastructure Availability Domains (and in the regions with a single Availability Domain, three Fault Domains) to provide stronger resilience and recoverability, with the SLA for the Enterprise SKUs of at least 99.95%.
The line up of services strikes me as having been developed after reading Amazon’s blockchain documentation; for example:
- On demand storage
- Spiffed up access controls
- Workflow functions.
There is one difference, however. It appears that Oracle wants to tackle Amazon blockchain at a weak point: Price. Oracle is not likely to be significantly cheaper than AWS blockchain. Oracle wants to make its pricing more or less understandable to a prospect.
Will clarity allow Oracle to compete with Amazon blockchain?
After losing Amazon as a customer and watching the online book store pump out blockchain inventions for several years, Oracle hopes its approach will prevail or at least catch up with the Bezos bulldozer.
Stephen E Arnold, July 28, 2020
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