Blockchain Rivals Seek Out Banking Customers via Foreign Opportunities

C. Dunlap

Summary Bullets:

• ConsenSys is partnering with the Chinese government’s blockchain network to integrate its technology across a nationwide system to spur blockchain use, focused on the financial sector.
• Oracle has gained an edge in the competitive blockchain platforms space by integrating a new blockchain data format into its flagship relational database offering.

This quarter’s issue of GlobalData’s “Blockchain Watch“ highlights a set of aggressive moves between blockchain competitors, including the establishment of global partnerships (which involve foreign government entities) as well as the development of deeper integration between blockchain and traditional operational systems, further adoption of Ethereum, and the formation of partnerships that highlight unique use cases.