Oracle has announced that it is adding newer features to its enterprise-grade Oracle Blockchain Platform, which is aimed at easing the integration of existing business and IT systems. With the addition, the company intends to speed up the process of development and deployment of blockchain applications.

With the new features, Oracle customers will get new developer tools, in addition to identity management and data integration features. Being more specific, the added features include an improved world state database, a transaction history database, identity management and support for Hyperledger Fabric version 1.3.

As stated by Oracle, the key customers that used its platform for incorporating with their blockchain applications are China Distance Education Holdings Limited, supply chain firm Circulor, e-document settlement company SERES, Arab Jordan Investment Bank, ICS Financial Systems and SDK.Finance.