Strategic Partnership with Oracle
Vanta Network is excited to release the details of our strategic partnership with Oracle.
VANTA Network has been securing partnerships with global corporations to create and build a sustainable ecosystem. As shown in our previous posts regarding the partnership with Microsoft and collaboration with Hanyang University, we will continue to maintain our transparency about the details of our progress.
VANTA is working directly with Oracle ISV/OEM business unit as an ISV (independent software vendor) to expand our reach to not only consumers but also to enterprise customers.
Oracle’s ISV/OEM business unit members will attend VANTA Network’s first private meetup at the end of this month in South Korea. In regard to the details of the strategic partnership, the Director of ISV/OEM business unit will give a speech during the meetup.
Oracle Corporation is one of the top 10 IT companies in the world specializing in database software and technology, cloud engineered systems, and enterprise software products. Oracle was the 3rd largest software maker by revenue, after Microsoft and Alphabet.
Oracle Cloud Marketplace
VANTA’s services will be directly promoted and offered through Oracle’s Cloud Marketplace. Through this, Oracle’s existing enterprise customers will have access to VANTA’s UCaaS service and voice/video API. The Oracle Cloud Marketplace and Oracle ISV/OEM business unit will help VANTA attract Oracle’s international enterprise customers as users and customers of VANTA.
Oracle Cloud Marketplace provides enterprise-grade services at every level of the cloud technology stack including Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS). Enterprise-grade products or services must be capable of providing for the complex needs of corporations in addition to meeting the following requirements:¹
- Low Impact Performance
- Seamless Performance
- Ecosystem Integration
- Global Compliance
- Cost Efficiency
Additionally, the VANTA team is working closely with the ISV/OEM business unit to integrate VANTA Network’s technology with Oracle’s various SaaS services to pursue a joint business strategy.
VNT Token Usage in Enterprise Use
Enterprise customers in the Oracle Cloud Marketplace can take advantage of free access to APIs to accelerate the use of their services as VANTA will offer a 30 to 60-day free trial promotion period for enterprises. Enterprises planning to continue using VANTA Network’s API after the promotion period must stake VNT tokens to access the services.
Enterprises who are new to blockchain may find the volatile nature of cryptocurrencies daunting. In this case, VNT price volatility is controlled by the difficulty of the job, called “Net.” The aim of VANTA’s staking model and the “Net” is to maintain a stable VNT price. More details on VANTA’s crypto economics can be found in our whitepaper.
More cooperation details and results will be announced as development progresses. For more information on the partnership with Oracle and the enterprise use of VANTA, please visit our official channels.
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