Oracle joins Hyperledger

Oracle Database shows interest in blockchain joining Hyperledger 
31 August 2017   1370

Database giant Oracle has announced that the comopany has joined the Hyperledger project, the Linux Foundation-led blockchain development initiative.

Thus, Oracle plans to use the Hyperledger Fabric blockchain code as the basis for a new cloud-based service.

As we develop our blockchain cloud platform for enterprise use, we believe scalable cross-industry technologies, confidential transactions, and modular architecture promoted through initiatives like the Hyperledger Project, are critical components.

Amit Zavery
Oracle's SVP for cloud platforms and middleware

As reported, Oracle looks forward to participating in Hyperledger for the benefit of our global customer base and the market at large. 

According to the team, their objectives are:

1. To address mission-critical enterprise needs such as scalability, security, robustness, integration, and performance to remove barriers to adoption and support blockchain applications in production.
2. To make it easy for customers to deploy, configure, manage and monitor blockchain and reduce the cost for deploying blockchain in enterprises by offering it as a Platform as a Service (PaaS) Cloud solution.
3. To accelerate the development and integration of blockchain applications with Oracle Cloud App Dev platform and built-in DevOps capabilities.
4. To help Oracle SaaS cloud customers enable their enterprise processes like Procurement, Payments, Trade Finance, Accounting, HR, CX to securely share data and conduct distributed transactions with 3rd party applications and external distributed ledger technologies using blockchain cloud platform.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   109

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.