According to Angus Tookey, Oracles remain the hidden backbone of the blockchain ecosystem, enabling the transfer of billions of dollars of value every day.
Oracle is an integrated cloud applications and platform services.
Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. The company sells database software and technology, cloud engineered systems, and enterprise software products – particularly its own brands of database management systems. In 2018, Oracle was the third-largest software company by revenue.
The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software.
According to Angus Tookey, Oracles remain the hidden backbone of the blockchain ecosystem, enabling the transfer of billions of dollars of value every day.
The company is also working on new features that will read and analyze financial data to create summaries and reports.
The Nasdaq saw a lower close as tech stocks fell after Oracle released figures that disappointed Wall Street.