Oracle announces Digital Assets Data Nexus for banks

At Money 20/20, Oracle (ORCL) announced the Digital Assets Data Nexus, which it calls “a soon-to-be released platform expected to enable banks and financial institutions to more easily launch and leverage blockchain-based digital assets in financial products.” The company said: “Powered by Oracle Blockchain and Oracle AI Database 26ai, the platform will feature multi-ledger infrastructure, pre-built tokenization smart contracts, enterprise-grade security, and streamlined workflow automation of business processes. In addition, the platform will offer dynamic API and event orchestration for seamless end-to-end integration with financial systems, along with advanced, AI-powered data governance features to help address compliance, supervision, and regulatory reporting needs. Together, these capabilities will help customers create, control, and operate digital assets more securely and efficiently.”