โ๏ธ Since 2018, @Oracle has onboarded thousands of enterprise clients onto the OCI Blockchain Platform (OBP).
These companies use OBPโs low-code โBlockchain App Builderโ to assist with rapid development, testing and deployment of smart contracts across different DLT networks. ๐ป
Enterprise blockchains are faster than public blockchains, generating lower CO2 emissions and enabling higher levels of privacy.
โ These permissioned networks allow for low-cost, programmable, cryptographically secure smart contracts that automatically enforce business logic.
In 2021, @quant_networkโs #Overledger was certified by @Oracle as their โproduction-ready solution to support cross-ledger interoperability between Oracle Blockchain Platform and other ledger technologies.โ
When customers ask Oracle how to interoperate, their answer is $QNT. ๐ฅ
In fact, shortly after their certification, @quant_network CEO @gverdian relayed on Telegram that his team has been โbusy dealing with incoming requests from Oracle clients.โ
Whatโs key to remember is EVERY transaction on Quantโs #Overledger requires the $QNT utility token. ๐๐ฅ
๐ Enterprises are aggressively exploring blockchain-based solutions, so it stands to reason @Oracle will continue referring clients to @quant_network en mass.
A recent deck confirms 10+ multi-trillion dollar verticals @ORCLBlockchain is already servicing in a meaningful way. โฌ๏ธ
They are โ
๐ฆ Banking and Financial Services ($22.5T)
๐ Manufacturing ($45T) and Logistics ($5T)
๐ Food ($9T), Agriculture ($12.5T) and CPG ($2T)
๐ Education ($3T)
๐ฅ Healthcare ($8T)
๐ Retail ($4T)
๐ชช Government & Public Services ($?T)
๐ฅ๏ธ The presentation goes into more details on customer case studies and big picture applications, which you can read for yourself here โ oracle.com/a/ocom/docs/blโฆ
Below are some of the most significant organizations using Oracleโs technology to transform their industries. โฌ๏ธ
๐ฅ Global Shipping Business Network (@gsbn_trade)
โ GSBN is a decentralized consortium of container carriers and ports whose members handle 1/3 of shipping containers in the worldโ๏ธ
โ GSBN uses OBP to facilitate tracking, automated cargo releases, and financing from banks.
๐ฅ Intelligent Track & Trace (ITT)
โ As a pre-built app from @Oracle on OBP, ITT helps companies leverage blockchain to manage global supply-chain visibility, particularly in food, beverage, drug, and equipment tracking.
๐ฅ Hereโs a clever 90-second ad from Oracle about ITT ๐๐ผ
Interoperability is the most significant challenge in Web3.
Whoever solves this problem will become ๐ญ๐ก๐ ๐จ๐ง๐ฅ๐ข๐ง๐ ๐ซ๐๐ข๐ฅ๐ฌ ๐๐จ๐ซ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฅ๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ, generating value the space has never seen before.