Oracle has announced the launch of the Oracle Blockchain Platform Digital Assets Edition (OBP DA), an enterprise-grade solution designed to streamline the development and deployment of digital asset applications. The platform aims to simplify tokenisation by providing a unified ledger framework, integrating bank-grade distributed ledger infrastructure with pre-packaged smart contracts, APIs, indexing databases, web applications, and analytics tools.
Quant, a member of the Digital Pound Foundation, is collaborating with Oracle to enhance the interoperability and cross-ledger orchestration capabilities of OBP DA. The initiative seeks to address challenges faced by financial institutions, such as high development costs, complexity, and expertise barriers in building secure and scalable blockchain-based financial solutions.
Addressing Key Industry Challenges
The rapid growth of digital assets and tokenisation has transformed the financial landscape, yet many of these developments are hindered by isolated ledgers that limit seamless asset movement. OBP DA offers several solutions to these challenges:
- Instant domain expertise: Pre-packaged components provide immediate access to specialised knowledge, enabling faster market entry.
- Lower development costs: Pre-built tokenisation frameworks and smart contracts reduce reliance on specialised blockchain expertise.
- Faster innovation cycles: Smart contract auto-generation, specification templates, and low-code analytics tools accelerate deployment.
- Seamless interoperability: Cross-ledger asset portability enables real-time settlement through atomic transactions.
- Enterprise-grade security: Compliance with global regulatory standards, including immutable audit trails and Oracle Cloud Infrastructure security.
- Real-time insights: Built-in analytics enhance financial decision-making with pre-configured dashboards and data visualisation tools.
Enhancing Interoperability and Payment Programmability
Quant’s expertise in distributed ledger technology (DLT) and payment programmability aligns with Oracle’s vision for digital assets. Through Overledger, Quant’s multi-chain connectivity and patented orchestration layer, OBP DA will enable financial institutions to bridge traditional systems with digital asset networks, fostering innovation and financial inclusion.
The integration will also support cross-ledger operations required for a unified ledger architecture, addressing blockchain fragmentation while maintaining ‘singleness of money’. Additionally, programmable payments technology, focusing on conditional payments, will provide a secure foundation for deposit token and stablecoin use cases, allowing financial institutions to implement advanced payment models.
Quant’s involvement in projects such as Project Rosalind—demonstrating interoperability between retail central bank digital currencies (CBDCs) and commercial banks—and the UK Regulated Liability Network (RLN)—which showcased the tokenisation and settlement of commercial bank money across multiple ledgers—positions the firm as a key partner in Oracle’s digital asset strategy.
“Quant is delighted to support Oracle in driving the next wave of blockchain interoperability by ensuring digital assets can seamlessly integrate with blockchain networks and traditional financial infrastructure. We look forward to seeing how the platform evolves and how Quant can continue to support Oracle’s digital economy vision,” said Gilbert Verdian, Founder and CEO of Quant.
The collaboration underscores a growing focus on enterprise blockchain solutions designed to enhance financial efficiency, security, and transparency, as digital assets and tokenisation continue to gain traction in global markets.
