The Government Blockchain Association (GBA) has conducted a Blockchain Maturity Model (BMM) assessment of Oracle’s Integrated Cloud Infrastructure with Hyperledger Fabric, awarding it a prestigious BMM Level One rating.

Oracle: A Global Tech Leader

Oracle Corporation, a $52.96 billion multinational technology giant, is renowned for its innovative software products and services, particularly its robust database management systems. Ranked among the top 100 largest and most respected companies globally, Oracle’s commitment to excellence and innovation is unwavering.

Why Seek a GBA BMM Rating?

Why would Oracle choose to have its solution rated by the Government Blockchain Association? The answer lies in a government Request for Proposal (RFP) that utilized the GBA BMM as a key criterion for contract award selection. By achieving this rating, Oracle demonstrates its dedication to meeting the highest standards of blockchain technology, enhancing its credibility and appeal in the competitive market.

Comprehensive Assessment

The assessment focused on Oracle’s Blockchain Platform as a managed blockchain service utilizing Hyperledger Fabric on Oracle Cloud Infrastructure (OCI) and on-premises/3rd party cloud Enterprise Edition. This platform supports permissioned, private, and consortium implementations. Importantly, the assessment was specific to the integrated solution and did not evaluate Oracle’s platforms or Hyperledger Fabric individually.

The evaluation included an in-depth analysis of critical characteristics necessary for a blockchain solution:

Distribution
Governance
Identity Management
Infrastructure Sustainability
Interoperability
Performance
Privacy
Reliability
Resilience
Security
Synchronization

The Growing Importance of BMM

Governments, enterprises, and investors worldwide are increasingly leveraging the BMM to perform due diligence on potential acquisitions. For solution providers, the BMM serves as a roadmap to ensure their offerings are trustworthy and meet industry standards.

Oracle’s achievement of a BMM Level One rating underscores its commitment to delivering high-quality blockchain solutions that meet rigorous standards. This recognition enhances Oracle’s standing as a reliable provider in the rapidly evolving blockchain landscape.

For more information about the Blockchain Maturity Model, visit https://gbaglobal.org/blockchain-maturity-model