1 Blockchain Adapter for Mutual Fund Transactions

This topic provides information about the blockchain adapter for mutual fund transactions.

Oracle FLEXCUBE Blockchain Adapter enables Oracle FLEXCUBE to interface to blockchain systems facilitating easy transformation of information between traditional applications and blockchain datasets. You can use this adapter with any version of Oracle FLEXCUBE. Blockchain transactions, generated from the system, can be queried and viewed from Oracle FLEXCUBE itself.

The adapter allows transformation and processing of information between Oracle FLEXCUBE and blockchain systems, with minimal human intervention thereby improving process efficiency, reducing risks and enhancing straight through processing. The adapter can be used not only to interface Oracle FLEXCUBE to blockchain systems but also any other similar third party applications to interface to blockchain systems.

A blockchain is an append only distributed data store/ log, in a peer to peer network, where un-trusted parties come to a consensus on the order of data sets (financial or non-financial data), based on previously agreed upon rules. Block chains can be classified, as public or private and permissioned or unpermissioned, based on the read and write access respectively allowed to the participating entities.

Blockchains allow an immutable record of transaction log, when multiple parties need shared control of data, without the need to depend on a central trusted authority. Smart contracts allow business logic to be triggered and processed based on pre-defined events mutually agreed upon by the contracting parties.

This topic contains the following sub-topics:

  • Scope
    This topic provides information onscope of FCIS Blockchain Adapter for Mutual Fund Transactions.
  • Prerequisites
    This topic provides information on the prerequisites for the interface.
  • Integration Architecture
    This topic provides information on the integration architecture.
  • Integration Process
    This topic provides information about the integration process.