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Software Giant Set to Launch Oracle Blockchain Product

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Oracle, one of the world’s largest software companies, are launching a blockchain “enterprise level ‘platform-as-a-service’ product this month, and decentralised ledger based applications next month.” Thomas Kurian, President of Software Development, said “Oracle’s products will also be pitched to pharmaceutical companies to track and trace batches of medicine, which may potentially ease recalls.” He added that they are already working with clients on projects, such as the government of Nigeria to use blockchain for their customs and import duties, and a hyperledger project with Banco de Chile.