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A Blockchain Service Built on Oracle Cloud Expedites Loan Processing

February 1, 2018 No Comments

“Biz2Credit thought there was an opportunity to help the borrowers lower their rates and get access to more money by using the Blockchain Cloud Platform,” said AuraBlocks CEO Richard Brownstein. “But they didn’t know how to put it all together. We designed technology on the Oracle Blockchain.”

It took AuraBlocks a few months to create the blockchain software for Biz2Credit. But it only took about a week to set it up on Oracle’s Blockchain Cloud. Biz2Credit has run it as a proof of concept and plans to begin beta testing.

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