Since Oracle announced its Blockchain Cloud Service at OpenWorld in October, there has been a lot of buzz in the news and on the internet. Recently, Linda Hardesty wrote the following article, "A Blockchain Service Built on Oracle Cloud Expedites Loan Processing" on sdxcentral.com. She described how Oracle Partner AuraBlocks is using Oracle Blockchain Cloud Service to help its customer Biz2Credit verify the identity of borrowers.
“They [Biz2Credit] thought there was an opportunity to help the borrowers lower their rates and get access to more money by using the Blockchain Cloud Platform,” said AuraBlocks CEO Richard Brownstein. “But they didn’t know how to put it all together. We designed technology on the Oracle Blockchain.”
Aurablocks used the Oracle Blockchain solution to help Biz2Credit reduce their operational costs by 25%... but I don't want to give away all of the details of this innovative new solution! Please read the full article here and get the in depth scoop!!