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Cascade standby Database for 11gr2[11.2.0.2]

Hi Gurus,
I hope all are doing good.

Actually we are planning to build the setup a Cascade Standby Databases which we required high availability.Can you please suggest the advantages and disadvantages for the cascade active-active standby database.and the domain in Banking sector.Please help me ASAP.

Thanks in Advance

Cheers
Nitya


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