Cryptocurrencies

Oracle Is Rolling Out Blockchain Products

Bitcoin: What’s Coming in the Year Ahead

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Oracle Corp. will unveil its blockchain software starting this month, joining the growing list of companies offering products that use the digital-ledger technology behind Bitcoin.

The Redwood City, California-based company will introduce a platform-as-a-service blockchain product this month and decentralized ledger-based applications next month, Thomas Kurian, president of product development, said Monday at Oracle headquarters. Blockchain is essentially a spreadsheet that’s duplicated and updated regularly across thousands of computers over the internet. The structure eliminates risks that come with information held centrally by a single entity, like cloud-computing providers.