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Frank Xiong: Blockchain Is Another Way To Store Data When Businesses Transact

Tracy Chen

Summary: According to Yourstory, at OpenWorld 2019, Oracle showcased the success of startups and mid-sized companies using blockchain. Frank Xiong, vice President of Oracle's blockchain development group, said, "On a very high level, blockchain is another way to store data when businesses transact. Blockchain is about inquiring, protecting, and storing data in a transparent way. It's ...

According to Yourstory, at OpenWorld 2019, Oracle showcased the success of startups and mid-sized companies using blockchain. Frank Xiong, vice President of Oracle's blockchain development group, said, "On a very high level, blockchain is another way to store data when businesses transact. Blockchain is about inquiring, protecting, and storing data in a transparent way. It's software that uses cryptography."

Author:Tracy Chen

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