Oracle collaborates with blockchain platform for Web3


SOURCE: ITP.NET
AUG 11, 2022

Oracle is collaborating with InfStone, a blockchain development platform to integrate it with Oracle Cloud infra-structure (OCI) to accelerate Web3 development. Oracle will work with InfStones to bring their enterprise blockchain customers to more verticals and builders across the Web3 development ecosystem.

The collaboration will help deliver important insights that drive the evolution, development, and adoption of Web3 applications worldwide.

The combination of InfStones platforms running on OCI will deliver on the price performance, scalability, and security needs of enterprise customers and provides additional options for customers building and developing next-generation blockchain applications.

Dr. Zhen Wu Shi, CEO, InfStones states, “Our goal at InfStones is to reduce barriers to entry for new companies looking to incorporate blockchain technology into their stack. Partnering with Oracle Cloud Infrastructure offers enterprise customers a robust infrastructure across OCI’s multiple regions worldwide. We were also extremely impressed with the dedicated technical support provided by the OCI team and their support for our growth strategy.”

Chris Gandolfo, Senior Vice President of Cloud Venture, Oracle adds, “The power of the InfStones platform and Oracle’s next-generation cloud infra-structure provides our joint customers with an extremely performant, reliable, and secure platform for developing decentralized Web3 applications. Working with cutting-edge leaders in blockchain infrastructure like InfStones allows us to provide a robust solution for our enterprise customers as they increasingly look to Web3 development to solve the next-generation of IT problems. InfStones can provide complementary capabilities to OCI customers by leveraging the InfStones platform API gateway service for faster and more scalable API access to Ethereum, IBC, Polkadot, and many other blockchain ecosystems.”

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