Book Image

Blockchain across Oracle

By : Robert van Molken
Book Image

Blockchain across Oracle

By: Robert van Molken

Overview of this book

Blockchain across Oracle gives you the professional orientation to Blockchain that you need as an Oracle developer in today’s changing world. Written and prepared for you by Oracle Developer Champion Robert van Mölken, this book gets you up to speed with the details of the Blockchain - core concepts, how to implement Oracle’s Blockchain Cloud Service, industry implications for the Blockchain, and how the Blockchain will affect your Oracle customers. Robert van Mölken introduces you to the history and concepts of the Blockchain. You’ll really get to understand the Blockchain inside and out, as an Oracle developer or solution architect. You’ll understand the Blockchain flow, and how the hashes and chains create a new decentralised paradigm for you as an Oracle developer. You’ll gain insights into how the Blockchain affects Oracle developers and customers in this modern and disruptive era. You’ll see how the Blockchain concepts work in this new world where Assets, Transactions, Security, and Privacy, can all be sustained across a decentralized system for your customers. Then you'll find a detailed look at the cutting-edge Oracle middleware solutions. You’ll learn about Hyperledger Fabric, the opensource Blockchain framework used by Oracle as its core, and how to set up your own Oracle Blockchain Network. You’ll design and develop a smart contract, and learn how to run it on the Oracle Blockchain Cloud Service. The final part of the book looks at how the Blockchain will affect your customers across various industry sectors. By studying industry trends in the financial services sector, healthcare industry, and the transport industry, you’ll discover how the options and possibilities for you and your clients are being transformed by the Blockchain across Oracle. You’ll complete this professional orientation by looking at Blockchain trends and future directions.
Table of Contents (24 chapters)
Title Page
Packt Upsell
Contributors
Preface
3
Blockchain 101 - Assets, Transactions, and Hashes
4
Blockchain 101 - Blocks, Chains, and Consensus
Index

Introducing the solution


A consortium of insurance companies, repair shops, lease companies, and emergency services has decided to implement blockchain technology in order to streamline accident reports and process insurance claims among its organizations. Some of the members have chosen to use OBCS while others will run an on-premises Hyperledger Fabric network, but they all join the same network. 

You are hired by Acme Insurance Brokering Services to set up the consortium blockchain. Your network will run an actual decentralized application (smart contract), but this will be covered in the next chapter. This chapter focuses only on the infrastructure.

The consortium business network will include six different member organizations:

  • Acme Insurance Blockchain Services: Founder of the network, running OBCS
  • Emergency Services: Organization joining the founder network, running OBCS
  • AutoLease: Organization joining the founder network, running OBCS
  • AllSecur Insurance: Organization joining the founder...