{"id":193086,"date":"2021-03-03T16:00:00","date_gmt":"2021-03-03T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering\/"},"modified":"2021-03-03T16:00:00","modified_gmt":"2021-03-03T13:00:00","slug":"oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering\/","title":{"rendered":"# Oracle wants to bring blockchain to the masses through a crypto-secure data offering"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a368da8ac4f9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a368da8ac4f9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering\/#Blockchain_is_useful_for_protecting_data\" >Blockchain is useful for protecting data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering\/#Concerns_to_be_considered\" >Concerns to be considered<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/oracle-wants-to-bring-blockchain-to-the-masses-through-a-crypto-secure-data-offering\/#Is_this_how_enterprise_blockchain_will_look\" >Is this how enterprise blockchain will look?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Oracle wants to bring blockchain to the masses through a crypto-secure data offering <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>While blockchain is known for bringing trust and transparency to multi-party workflows, it can also ensure the immutability of business-critical data. Realizing this potential, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> giant Oracle has\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blogs.oracle.com\/database\/how-to-achieve-crypto-secure-data-management\">announced<\/a>\u00a0a crypto-secure data management offering that will be provided as a free\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.oracle.com\/cloud\/solutions\/converged-database\/\">feature<\/a>\u00a0for Oracle converged database users.\u00a0<\/p>\n<p>Juan Loaiza, executive vice president, Mission-Critical Database Technologies at Oracle, told Cointelegraph that it\u2019s become <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arent that customers deploying blockchain solutions often do not require the full capabilities of these implementations. Loaiza also pointed out that the complexity of introducing a completely new technology stack into an IT environment can be burdensome. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Blockchain_is_useful_for_protecting_data\"><\/span>Blockchain is useful for protecting data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As such, Oracle has created a crypto-secure data management offering that leverages \u201cblockchain tables\u201d within the Oracle database. This feature is different from Oracle\u2019s blockchain platform, which is built on Hyperledger Fabric and is often used for supply chain management. Rather, Oracle\u2019s blockchain tables are immutable tables specifically meant to protect enterprise data from illicit changes.<\/p>\n<p>As noted in Oracle\u2019s recent blog post, this is made possible through a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of cryptographic hashes. Immutable tables organize rows of data into several chains. Each row \u2014 except the first row in the chain \u2014 is chained to the previous row, much like that of a cryptocurrency blockchain network. The hash is then automatically calculated on the insert based on that row\u2019s data and the hash value of the previous row in the chain. Timestamps are also recorded for each row upon data insertion.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-03\/e360cee8-a4f6-4936-9d0a-5b205df74db9.png\"><\/figure>\n<p>According to Loaiza, blockchain tables enable customers to use the Oracle database when they require highly tamper-resistant data management but do not wish to distribute a ledger across multiple organizations. In addition, blockchain tables do not rely on a decentralized trust model. Loaiza said:<\/p>\n<blockquote><p>\u201cWe are not trying to solve a decentralized multi-party problem, but rather, we are releasing a new technology that integrates the idea of blockchain into an Oracle database. This ensures that mainstream enterprise applications only require minimal changes. We are trying to combine blockchain with all of the functionalities Oracle offers today to bring blockchain to the masses.\u201d<\/p><\/blockquote>\n<p>Specifically speaking, Loaiza explained that the purpose of Oracle\u2019s blockchain tables is to protect business-critical data from being modified or deleted. \u201cThis feature protects against those who may gain access to the database legitimately (corrupt insiders, criminals using stolen credentials) or illegitimately (hackers),\u201d said Loaiza. He further commented that this offering serves as an additional layer of protection on top of conventional data security features provided through the Oracle database. <\/p>\n<p>A solution such as this can be especially useful considering the fact that database security breaches are an ongoing problem. According to a 2020 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/pages.riskbasedsecurity.com\/hubfs\/Reports\/2020\/2020%20Q3%20Data%20Breach%20QuickView%20Report.pdf\">report<\/a> from the data company Risk Based Security, around 36 billion database records were compromised between January and September 2020. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Concerns_to_be_considered\"><\/span>Concerns to be considered<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Loaiza noted that Oracle blockchain tables are currently being utilized by customers leveraging the \u201cOracle Database 19c,\u201d which is the version most commonly used today. He explained that customers are using the blockchain tables to protect contact information, property titles, payments, transfers, ledgers and account statements. <\/p>\n<p>\u201cThese tables allow customers to leverage the tamper-resistance and non-repudiation properties of blockchain in use cases that do not involve multiple organizations or the necessity to deploy a decentralized trust model,\u201d he remarked.<\/p>\n<p>While this may be, there are some downsides to consider when using a blockchain to store business-critical data. Lior Lamesh, CEO and co-founder of GK8 \u2014 a blockchain security company \u2014 told Cointelegraph that organizations storing sensitive data on a blockchain must be aware of the vulnerability of the endpoints, adding:<\/p>\n<blockquote><p>\u201cOnce you own an organization\u2019s private key, all of its blockchain-based assets are in your hands. So, migrating a corporation\u2019s internal database to the blockchain has its benefits \u2014 as long as its endpoints are protected with the highest cybersecurity standards.\u201d<\/p><\/blockquote>\n<p>To Lamesh\u2019s point, Loaiza remarked that this risk is evident when migrating from a database to a distributed ledger or a decentralized trust model. However, he clarified that Oracle isn\u2019t recommending customers do this when leveraging blockchain tables. \u201cWe are providing the tamper-resistance and non-repudiation properties of blockchain inside the Oracle database,\u201d he said. <\/p>\n<p>Loaiza added that Oracle\u2019s security capabilities include transparent data encryption, a database firewall, database vault, label security and data redaction. \u201cYou can think of it as an extra layer of security within the Oracle database, not a mechanism to replace the database,\u201d said Loaiza.<\/p>\n<p>However, enterprise customers may still be curious about how to delete data once it gets inserted into the blockchain tables. According to Loaiza, organizations can set a time limit for how long data needs to remain immutable. \u201cBy default, it\u2019s forever, but there are business cases where after three months or a year, it\u2019s okay to delete data, as it\u2019s no longer valid or necessary. Users can\u2019t delete the data in a blockchain table until the time limit expires,\u201d he remarked.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_this_how_enterprise_blockchain_will_look\"><\/span>Is this how enterprise blockchain will look?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While Oracle\u2019s blockchain tables demonstrate a clever way to leverage the benefits of blockchain within a secure database, the offering is much different from typical enterprise solutions that focus on decentralization across multiple entities.\u00a0<\/p>\n<p>This could very well be a good thing, though, as some enterprise blockchain offerings have failed recently. If Oracle\u2019s new solution proves to be effective, enterprises may start leveraging blockchain more as a middleware rather than as an entire implementation.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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Realizing this potential, technology giant Oracle has\u00a0announced\u00a0a crypto-secure data management offering that will be provided as a free\u00a0feature\u00a0for Oracle&#8230;<\/p>\n","protected":false},"author":1,"featured_media":193087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvNDFiMzE1YjctNTJmZC00YWRhLWIyMDUtMjFmMDg0MjZhOWVmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75885,117,72366,72287,4965],"class_list":["post-193086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-enterprise","tag-business","tag-data","tag-security","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/193086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=193086"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/193086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/193087"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=193086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=193086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=193086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}