What problem does this service solve?

Insolar hopes to create an enterprise blockchain that will be more scalable and easier to use than current platforms.Oracle Blockchain Cloud Service is part of Oracle's suite of software solutions for enterprises. It provides the advantages of blokchain technology and can be easily integrated with their other products.

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Company Description

Insolar is a blockchain technology company that is developing an open source enterprise-grade blockchain platform. Their goal is to allow companies to transition their existing business processes, and data systems, to an enterprise blockchain that will create efficiencies and new revenue sources. Insolar also provides blockchain consulting services for companies in need of distributed ledger solutions. The company was originally focused on using blockchain to improve supply chains and logistics in the grocery industry, but they have since expanded their scope. Their network is currently powered by the Ethereum-based INS token.

Oracle Blockchain Cloud Service is part of Oracle’s comprehensive Platform-as-a-Service (PaaS) portfolio. Oracle's Blockchain Cloud Service is part of the Oracle platform, which is already widely used by a wide range of companies, and consists of a variety of SaaS tools. They hope to combine their existing offerings with blockchain capabilities to assist their customers in deploying applications.

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