Oracle has announced a suite of SaaS applications based on its Oracle Blockchain Cloud Service for the purpose of tracing and tracking supply chains through a transparent distributed ledger.
The four new cloud-based apps, unveiled at Oracle's OpenWorld conference this week, are aimed at providing end-to-end traceability of transported goods, confirming the origins of the parts that make up those products and creating an auditable log for warranty and liability claims. One application, an intelligent "cold chain" service, tracks temperature-controlled products in a supply chain, such as pharmaceuticals and food, integrating with IoT devices embedded in those shipments.
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