One of the largest software providers Oracle in the next 2 months will launch line of blockchain products, according to Bloomberg.
Software Development President Thomas Kurian announced that a platform-as-a-service product will be introduced this month, and applications based on the distributed ledger are as follows.
The California company is working with Banco de Chile on recording the protocol of interbank transactions using Hyperledger technology. Oracle is cooperating with the government of Nigeria, which wants to use the blockchain for the conduct of customs documentation.
Oracle will also provide access to its products to pharmaceutical companies that can use them to track supply chains.
According to Kurian, Oracle's blockchain solutions will be compatible with other platforms.
Oracle joined Hyperledger's consortium in August last year, and in October, it announced that it will use distributed ledger technology to manage supply channels.