Despite years of hype and chatter, enterprise blockchain deployments actually in production are few and far between.
But according to Oracle, the list just got a little bigger.
Announced Monday, the software giant now has up to a dozen enterprise customers using live applications that have sped into production since its cloud-based blockchain platform went live last July.
This includes a cargo tracking consortium called the Global Shipping Business Network (GSBN); China Distance Education Holdings, which shares educational and professional certificates; Circulor, which tracks conflict minerals; and SERES, a solution for dealing with invoices between franchisors.
Oracle said other customers at the production stage are: Arab Jordan Investment Bank, Certified Origins, NeuroSoft, TradeFin, HealthSync, OriginTrail, ICS FS, SDK.Finance, and Nigeria Customs.
Previously, the only major enterprise blockchains in production were built using IBM Blockchain; namely trade finance solution we.trade and Food Trust (it’s notable that both Oracle and IBM have used Hyperledger Fabric to create their blockchain platforms.)
Frank Xiong, group vice president of blockchain product development at Oracle, told CoinDesk:
“Other vendors may still be experimenting but we do have real customers in live production. I would say around 10 to a dozen are in a live situation.”
By “in production,” Xiong said he means these applications have their own end users and are handling live transactions. He said transaction numbers vary from customer to customer, with them all gradually rising.
“To start with we were seeing transactions probably among hundreds an hour. But are expecting many of them to grow to thousands of transactions per second,” said Xiong.
This also depends on the size of your payload,