Oracle announced the Digital Assets Data Nexus, 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.

Powered by Oracle Blockchain and Oracle AI Database 26ai, the platform will feature multi-ledger infrastructure, pre-built tokenizationsmart 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.

"Major banks and financial institutions worldwide trust Oracle to support some of their most critical operations," said Wei Hu, senior vice president, high availability technologies, Oracle. "Oracle Digital Assets Data Nexus will streamline financial entities' adoption of digital assets by addressing key challenges around scalability, resiliency, security, integration, and regulatory compliance. Oracle is building the platform to enable customers to deliver digital asset solutions faster and more cost-effectively, while addressing stringent regulatory and operational requirements."

Oracle Digital Assets Data Nexus is intended to augment Oracle's blockchain asset tokenization and transaction management by enabling digital asset issuance, transactions, and governance. In addition, the platform will support permissioned and public blockchains, streamline integration with financial processes and systems, accelerate cross-ledger workflows, and utilize Oracle AI Database 26ai for blockchain indexing and vector embeddings.