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Partner Webcast – How to get started with Oracle Blockchain Cloud Service

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Blockchain platforms have evolved from their cryptocurrency origins, delivering new capabilities that accelerate business benefits. They are now being built to target enterprise use cases across many different industries. Oracle Accelerates Adoption of Enterprise Blockchain Worldwide. Companies using Oracle’s business-ready blockchain have been able to move from experimentation to production by creating new blockchain applications from scratch or adding blockchain functionality to an existing solution.

Read More @ https://blogs.oracle.com/imc/partner-webcast-how-to-get-started-with-oracle-blockchain-cloud-service

Presenter Allen Wangu

Published in: Technology
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Partner Webcast – How to get started with Oracle Blockchain Cloud Service

  1. 1. How to get started with Oracle Blockchain Cloud Service Allen Kubai Wangu Cloud Adoption & Implementation Consultant OPN Innovation and Modernization centre, EMEA
  2. 2. The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation. Statements in this presentation relating to Oracle’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. A detailed discussion of these factors and other risks that affect our business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this presentation is current as of September 2019 and Oracle undertakes no duty to update any statement in light of new information or future events. Safe Harbor Copyright © 2019 Oracle and/or its affiliates
  3. 3. Program Agenda 4 Business Challenges Today? What is Blockchain? Blockchain Opportunities Oracle Blockchain cloud service Demo: How to get started with Oracle Blockchain CS Q & A 1 2 3 4 5 6
  4. 4. Business Challenges Difficulty to establish Trust without intermediaries in business partnerships To ensure systems of records are reliable and tamper-proof To ensure participants act in good faith in B2B transactions Why Trust Lack of Transparency in multi-party transactions To ensure all business parties have real time access to a single source of truth To avoid fraud or errors due to multiple redundant sources of truth Why Transparency Transaction overhead due to dependence on 3rd parties / intermediaries To avoid unnecessary delays To eliminate transaction fees, which eats into profit Why Reduce 3rd Party Overhead Dependence on Manual, error-prone processes To reduce risk of human errors due to redundant manual reconciliations To reduce cost and complexity of manual labor and paperwork Why Eliminate Manual Processes
  5. 5. Program Agenda 6 Business Challenges Today? What is Blockchain? Blockchain Opportunities Oracle Blockchain cloud service Demo: How to get started with Oracle Blockchain CS Q & A 1 2 3 4 5 6
  6. 6. Copyright © 2019, Oracle and/or its affiliates. All rights reserved.8
  7. 7. Business Value of Blockchain Increase business velocity by automating multi-party processes Reduce fraud and risk with end-to-end tracking and instant visibility Deliver regulatory compliance at a lower cost 6
  8. 8. Characteristics of Blockchain Copyright © 2019, Oracle and/or its affiliates. All rights reserved. 10 Enables Trust Tamper-proof Data • Records written to the blockchain cannot easily be changed or deleted • Enhances trust in decentralized single source of truth Shared and Transparent • Distributed ledger enables single shared source of truth distributed across all nodes • Enables transparency, reduced delays and cost of 3rd party intermediaries Consensus Based • Updates to distributed ledger are made after consensus among network peers • Protects against fraud among participants and maintains trust in the ledger Security and Privacy • Only those authorized with keys can view the data • Blockchain stores auditable historic records that can be encrypted for privacy
  9. 9. Two Types of Blockchain 11 Permissioned • Members in business network are invited to join network • Examples: manufacturer and its suppliers, cargo shipper and its broker network, etc. • More secure and better governance - parties are known in advance • Better suited for the enterprise Oracle Offers a Permissioned Enterprise Blockchain Platform Permission less (or Public) • Anyone on Internet may join and have access to the ledger information Examples: Bitcoin, Ethereum, etc. • Less secure and poorer governance - parties not known in advance
  10. 10. Enterprise Blockchain in Action 12
  11. 11. Blockchain for Trade Finance 13 Current Approach Blockchain Approach Challenges • Easy to defraud • Expensive bank fees • Difficult to track Benefits • Secure international trade transactions • Eliminate expensive bank fees • Leaner, faster processes Issuing Bank Advisory Bank Buyer (applicant) Seller (beneficiary) Buy / sell agreement Ship goods 1 4 2 3 Letter of Credit Documents Payment Issuing Bank Advisory Bank Buyer (applicant) Seller (beneficiary) Encrypted Documents Encrypted Documents Encrypted Documents Encrypted Documents
  12. 12. Program Agenda Business Challenges Today? What is Blockchain? Blockchain Opportunities Oracle Blockchain cloud service Demo: How to get started with Oracle Blockchain CS Q & A 1 2 3 4 5 6
  13. 13. Blockchain Jobs 33X growth in 2018 vs. 2017 Global Spend 2018: $1.5B 2022: $11.7B New Development 65% of companies > 10K employees considering or active in blockchain Blockchain technology will improve all industries… E.g. Supply chains will enjoy a boost in performance that's comparable to the change from hand-written paperwork to electronic databases. Inc Magazine State of Blockchain
  14. 14. Blockchain Momentum Worldwide Spending on Blockchain to Reach $11.7B in 2022, IDC Spending Guide, July 2018 “Blockchain developer” top emerging job in the U.S., grew 33x in 2018 vs. 2017 - LinkedIn Jobs Report
  15. 15. Challenges for Blockchain in the Enterprise 17 To address these challenges enterprise need a Managed Blockchain Solution Complex to Setup Integration Challenges Requires Enterprise-grade Capabilities Keeping up with Open-Source Evolution Operational Challenges Difficult to setup open source software, along with required security, and infra. dependencies Expensive and complex to Integrate diverse data sources with enterprise business applications Blockchain requires enterprise-grade resilience, scalability, security, and performance Open source software such as Hyperledger innovates rapidly, keeping platform up to date is challenging Disaster recovery, backups, restores, patching, monitoring can get expensive for ops
  16. 16. Program Agenda Business Challenges Today? What is Blockchain? Blockchain Opportunities Oracle Blockchain cloud service Demo: How to get started with Oracle Blockchain CS Q & A 1 2 3 4 5 6
  17. 17. Applications Oracle Blockchain Strategy Platform • Built for business users, with intuitive dashboards • Use case-specific solutions • Faster business outcomes across blockchain network • Fully-managed enterprise- grade cloud platform • Leverage the latest open- source innovations • Enable rapid experimentation & production-readiness
  18. 18. Pre-Assembled Enterprise-Grade Automated Plug and Play Integrations Open Value Proposition of Oracle Blockchain ORACLE BLOCKCHAIN PLATFORM Oracle’s Experience and Expertise
  19. 19. 21 Container services Identity Management Services Events Management Services Data Services Oracle PaaS Services On Premises Apps Consensus Validates transactions before adding to chain Smart Contracts Business logic based on agreements Distributed Ledger Whole state data and its history Confidentiality Permissioned blockchain with private channels REST API / SDKs for Go, Java, and Javascript Oracle Blockchain Platform Hyperledger Fabric Peers in Customer Datacenters or 3rd Party Clouds External MembersSCMERP HCM CX ORACLE SAAS CRM Open Source Hyperledger Fabric 3rd Party SaaS Custom Cloud Apps Oracle Cloud Infrastructure (OCI) Managed PaaS Ready-to-Build: Oracle Blockchain Platform 2
  20. 20. Managed PaaS Oracle Blockchain Cloud Platform in Action Copyright © 2019, Oracle and/or its affiliates. All rights reserved. 22 REST proxy Membership Service Applications Membership Service Applications (SDK based) Applications (REST API) Peer Nodes Distributed Ledger (Single Version of Truth) Smart Contract (aka Chaincode) Admin UI Admin UI REST Proxy Ordering Service Ordering Service
  21. 21. Program Agenda Business Challenges Today? What is Blockchain? Blockchain Opportunities Oracle Blockchain cloud service Demo: How to get started with Oracle Blockchain CS Q & A 1 2 3 5 4 6
  22. 22. Demo How to get started with Oracle Blockchain Cloud Service Allen Kubai Wangu Cloud Adoption & Implementation Consultant OPN Innovation and Modernization centre, EMEA
  23. 23. 2 Demo Agenda Where to Start Prerequisites Demo Scenario: How to get started with Oracle Blockchain CS 1 2 3
  24. 24. Where to get started https://docs.oracle.com/en/cloud/paas/blockchain-cloud/index.html
  25. 25. How to get started Start with Documentation https://docs.oracle.com/en/cloud/paas/blockchain-cloud/user/whats-oracle- blockchain-cloud-service.html
  26. 26. • Login details to Oracle Cloud Infrastructure • Postman or any other Rest Client • Assumptions: You have a basic understanding of rest endpoints Prerequisites
  27. 27. DEMO SCENARIO
  28. 28. Car Dealer
  29. 29. Steps Setting up the Blockchain Network Creating and Instance for the founder Creating the Participants Allowing Participant to join the Network Creating Channels Installing Chaincode on your Network Initializing the ledger
  30. 30. Let’s Get Started
  31. 31. Summary and Q&A How to get started with Oracle Blockchain Cloud Service 33 Copyright © 2019 Oracle
  32. 32. Learn More cloud.oracle.com/blockchain Get Updates and Contact Us to Discuss Use Cases oracle.com/blockchain 26 Summary Copyright © 2019, Oracle and/or its affiliates. All rights reserved.
  33. 33. EMEA Innovation & Modernization Center 35 Copyright © 2019 Oracle Partner.IMC@beehiveonline.oracle.com blogs.oracle.com/imc twitter.com/OracleIMC facebook.com/OracleIMC github.com/OracleIMC youtube.com/user/OracleIMCTeam linkedin.com/groups/4535240
  34. 34. Thank You

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