Oracle Blockchain Platform Earns Blockchain Maturity Model (BMM) Rating

The Government Blockchain Association (GBA) has completed a Blockchain Maturity Model (BMM) assessment of Oracle’s Blockchain Platform, awarding it a BMM Level One (Initial) rating. This assessment was conducted on Oracle’s managed blockchain service, based on Hyperledger Fabric within Oracle Cloud Infrastructure (OCI) and the Enterprise Edition on on-premises and third-party cloud configurations. The evaluation focused specifically on Oracle’s blockchain service, without independently assessing Oracle’s other platforms or Hyperledger Fabric.

The Blockchain Maturity Model (BMM) is a comprehensive framework that evaluates blockchain solutions on a maturity scale, enabling organizations to verify the effectiveness, security, and trustworthiness of their blockchain applications. The BMM is recognized by the *Dynamic Coalition on Blockchain Assurance & Standardization (DC-BAS).

Note: Dynamic Coalitions, which are recognized by the United Nations IGF Secretariat, function within the IGF framework and comply with the IGF principles and its code of conduct.
However, the views and opinions expressed by Dynamic Coalitions do not necessarily reflect those of the
United Nations Secretariat. 

Requested by Mark Rakhmilevich, Oracle’s Vice President and Product Manager for Blockchain Technology, the assessment addressed emerging requirements in government acquisition processes. Increasingly, government solicitations in regions such as India, Mexico, and various U.S. states have incorporated GBA BMM ratings into procurement evaluation criteria, marking a significant shift towards standardized, objective evaluations that foster trust in blockchain platforms.

Gerard Dache, GBA’s Executive Director, emphasized the BMM’s importance, stating, “Government officials and investors need a box to check. They don’t fully understand blockchain. So, they need an independent, third-party objective evaluation to help them do their due diligence before releasing funds.” This BMM assessment not only strengthens Oracle’s position in securing government contracts but also sets a valuable precedent for technology providers aiming to validate their solutions within a globally recognized framework.

The assessment was led by Mr. Paul Dowding, a recognized expert in blockchain, financial services, and business operations, and supported by a team of blockchain technology, legal, business, and digital asset professionals from the United States, Latin America, and Africa.

For more information email BMM@GBAglobal.org.

* Dynamic Coalitions are open, multistakeholder and bottom-up initiatives, formed by individuals or organizations to coalesce around a set of Internet governance issues of common interest, identify specific policy problems and provide targeted solutions. Anyone interested is welcome to join and contribute to DC activities.

While Dynamic Coalitions operate autonomously outside of the IGF decision-making structures, Dynamic Coalitions, which are recognized by the IGF Secretariat, function within the IGF framework and comply with the IGF principles and its code of conduct.

Consequently, the views and opinions expressed by Dynamic Coalitions do not necessarily reflect those of the United Nations Secretariat. The designations and terminology employed may not conform to United Nations practice and do not imply the expression of any opinion whatsoever on the part of the Organization.