You might've seen the presentation on Modernizing Intercompany Billing Using a Permissioned Blockchain Platform [PAN6441] from the last OOW, or more recent versions at Analytics and Data Summit in February (pdf) or ODTUG "Learn from Home" Series, which took place last week. The implementation of this Intercompany billing and reconciliation use case produced very sophisticated set of capabilities for managing this challenging Intercompany process using distributed ledger based on Oracle blockchain technology and related cloud services. Looking at the results you might've wondered how difficult would it be to implement a blockchain application that integrates with ERPs, Analytics, and role-based Security. Would you need an army of consultants and would it take six month or a year to build it?
The answer to both is No. And now, in his recently completed 3-part blog series, Oracle ACE Director and GE Principal Architect Gary Crisci shows you how. He details how Oracle Blockchain Platform and other services in Oracle Cloud Infrastructure, including Autonomous Data Warehouse and Oracle Analytics Cloud snap together and enable you to build a similarly sophisticated blockchain application. The key is Oracle's solution architecture pattern that starts with a comprehensive blockchain platform and surrounds it with Integration, Analytics, and Security services - pre-assembled, out-of-the-box, or to quote Gary, "wing-to-wing architecture."
This solution architecture is made possible by three innovative features in Oracle Blockchain Platform:
With this introduction about the blockchain solution architecture pattern and the key enablers that make it a snap to connect Oracle blockchain with Integration, Analytics, and Security, please read Gary's 3-part series on how to use these tools so you too can wow your organization with an impressive blockchain application. You have a 3-day weekend coming up, don't you? Just think how much more you could achieve next week if you read and practice these tutorials over the next 3 days:
Going into the weekend, let me leave you with a quote from Don Tapscott, one of the world's leading authorities on the impact of blockchain technology on business and society: "Future is not something to be predicted, it's something to be achieved" from his 2016 book, Blockchain Revolution: How the Technology behind Bitcoin Is Changing Money, Business, and the World. Of course, to achieve the future you'll need some tools, so here they are, ready to go in Oracle Cloud. And if you need more help on using the blockchain platform, creating smart contracts, etc. please visit our blockchain developer site and read the Blockchain Developer eBook.