Oracle has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, reports Cointelegraph.
The new products aim to improve trace-ability and transparency throughout supply chains, and provide the ability to verify product authenticity, temperature-control, and reduce paper waste associated with shipments.
The launch follows trials with bank and government customers, and the products are built on the Hyperledger Fabric blockchain.
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Comments
Supply chain use cases were one of the key areas I see applications for.
The supply chain use cases seems to be one area where blockchain pilots and trials are actually making it into live production.
The Oracle news follows blockchain progress in supply chain and shipping at Maersk, and the ports of Antwerp, Rotterdam, and Abu Dhabi.
What do you think?
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