“Oracle is the enterprise blockchain dark horse,” wrote Alan Pelz-Sharpe of U.S.-based research firm Deep Analysis in a research note. “Its stealthy but deeply funded and well-sourced entry into the market follows Oracle’s well-established pattern: the firm has a history of first dismissing new technologies, only to work quietly and then launch into the new market with full force. That being said, with Oracle’s deep roots in the supply chain, financial services, and government sectors, blockchain always made more sense for it to embrace than for some of its competitors.”