February 20, 2018
News Flashes
Blockchain is a distributed, shared, permissioned ledger for recording transactions with consensus, provenance, immutability and finality. It is the technology that drives virtual currencies like Bitcoin. But its potential spans many more industries and use cases than just virtual currencies.
There are two prevailing views when it comes to blockchain and enterprise data. One is that it's the most secure solution ever to come along. The other is that it is the fad of the moment that puts essential data in the unregulated wilds of the global internet.
Oracle has announced general availability of the newest release of its flagship core banking application, Oracle FLEXCUBE V14. With FLEXCUBE V14, banks now have the choice of either deploying a pre-configured offering for a comprehensive solution or updating one line of business at a time.
Blockchain technology is being leveraged in various markets to deliver governance, collaboration, and intelligent understanding around digital assets.
Fluree has introduced FlureeDB, a scalable, blockchain cloud database, for public beta use. According to the company, the new offering combines the interoperability and features of traditional graph and document databases with immutable, decentralized blockchain technology to provide enterprise-grade, developer-ready, cloud-hosted database tools.
Think About It
The suddenness of the non-relational "breakout" created a lot of noise and confusion and—at least initially—an explosion of new database systems. However, the database landscape is settling down, and in the past few years, the biggest meta trend in database management has been a reduction in the number of leading vendors and consolidation of core technologies. Additionally, we're starting to see database as a service (DBaaS) offerings become increasingly credible alternatives to on-premise or do-it-yourself cloud database configuration.