How Blockchain Will Disrupt Your Organization

The previous chapter summarized the technology behind blockchain and the platforms on which you can run your own decentralized applications. Since this book focuses on the usability of the blockchain in the context of Oracle (that is, its application stack and the industries and companies using Oracle software), this chapter will focus on the disruptive effects the blockchain is going to have on you and your clients and customers. This chapter represents a somewhat condensed preview of the upcoming, in-depth, hands-on content to be presented in chapters 8 to 14.

Most of these chapters are related to Oracle, since that is the primary demographic upon which this book will focus. This is not a surprise in that Oracle announced the Autonomous Blockchain Cloud Service (ABCS) in October 2017. ABCS is a PaaS (Platform-as-a-Service) offering for running your own blockchain. This chapter explains Oracle's strategy behind the announcement of this new cloud service, introduces the platform being offered, and discusses how it will affect Oracle developers and customers, such as yourself.

In this chapter, you will learn about the following topics:

• Why is blockchain a disruptive technology?
• What is Oracle's strategy when it comes to blockchain?
• How is Oracle involved in developing the future of blockchain?
• What is included in the Autonomous Blockchain Cloud Service?
• What are Oracle's competitors doing in this arena?
• What are the disruptive effects of the blockchain for you?