Why BlockChain

You may want to get an answer for few of the below questions before concluding on the need of BlockChain

• Are there multiple people / party who need to view / interact with the data ?
• Is there a challenge in trusting various parties who view / interact with the data ?
• Is there a 3rd party in the business ?
• Do you want to remove the existing trusted 3rd party relationship, as there may be heavy cost involved?
• Is the business requires to for multiple parties to change / update the shared data ?
• Should all the parties be able to agree on the rules of who/how/when data can be updated?

If the answer is “YES”, then you may want to think of BlockChain and may be preferably Oracle BlockChain 😊😊

Autonomous BlockChain instance creation

Now that you have madeup your mind to create a Autonomous BlockChain instance, this article will help you to create one. Just login to your cloud account and follow the steps mentioned in the attachment

Pre-requisite : you need to have a cloud account created ( may be a trial account, if required)

Dashboard : after logging into the cloud account. Click on “create Instance”.

Click on “Autonomous Blockchain” to create an instance

Provide the instance Name or leave the default name

Select the number of peers to be configured

Confirm for creating the new instance. Please wait for some time to complete and check the email upon completion

Navigating to the console

Here you go and play with few pre-built samples in the blockchain console