According to the Thomas Kurian, President of Product Development of Oracle Corp (The World’s Second Largest Software Company), Oracle will unveil its blockchain software starting this month. (Refer This Link To Read More About This News)
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But I have few doubts about Oracle Blockchain Technology as follows:
- Decentralization of Oracle Blockchain - Is it truly decentralized or a fake as Ripple blockchain does?
- Not an open source type project, and also Are they try to dominance the market with their money?
- Once they said, Revert Transactions can be added to their Blockchain. (If so, it can't be a Blockchain at all)
What do you think about this "Latest Update of Oracle?"
Do you believe it's a PURE Blockchain technology?
Probably not fully decentralized. They will probably make more profits being less decentralized to be honest and as well avoid legal issues.. etc.
Great share bud. @theguruasia
Thank you for your great informing post.
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