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transactions across their business networks , Oracle has launched Oracle Blockchain Applications Cloud . The new suite of use-case-specific SaaS applications enhance traceability and transparency throughout the supply chain . Oracle Blockchain Applications are built with Oracle Blockchain Cloud Service and seamlessly connect with Oracle Supply Chain Management ( SCM ) Cloud , Oracle Enterprise Resource Planning ( ERP ) Cloud and other Oracle Cloud Applications .

“ Consumers are better informed than ever before and are increasingly interested in what is in the products they consume ,” said Kyle Bozicevic , Owner and Brewer at Alpha Acid Brewing . “ We can now track materials and premium ingredients from our suppliers and analyse sensor data from the production process for each batch . Oracle Intelligent Track and Trace Blockchain application helps ensure that we are getting the highest quality hops , malt , and yeast , and enables us to create a strong narrative around our products for customers .”

Oracle ’ s business-ready Blockchain applications reduce barriers to adoption of Blockchain and provide immediate business benefits to customers by improving trust and transparency in their business network and transforming their supply chains . Oracle Blockchain Applications include :

Intelligent Track and Trace – Enables end-to-end traceability of goods and transactions in supply chains to reduce delays and automate record keeping . The application creates a digital trail of each step in the business network , during procurement , manufacturing , and transportation . It provides better visibility for easier root-cause analysis and faster dispute resolution . This helps customers execute targeted product recalls , resolve disputes , reduce counterfeits , improve regulatory compliance , and protect against fraud .

Lot Lineage and Provenance – Enables product genealogy , serialisation , and provenance by managing the lifecycle of hierarchical serial numbers , recording origin and authenticity of product components , and tracking all transformations of the product . It helps in regulatory compliance , targeted recalls and preventing counterfeit components .

Intelligent Cold Chain – Helps monitor and track the temperaturecontrolled supply chain , creating recommendations to optimise processes and ensure the quality and safety of refrigerated products in pharmaceutical and food and beverage industries .

Warranty and Usage Tracking – Removes paper-based processes and automates usage tracking for high-value assets . An auditable and verifiable log for warranty , liability claims , and insurance helps expedite settlements and claim processing and prevents abuse of assets .

The applications are built with Oracle Blockchain Cloud Service , which was launched earlier this year . It helps organisations build Blockchain networks to drive more secure and efficient transactions with their trading partners . Oracle ’ s Blockchain platform has experienced tremendous momentum and has been adopted by many global organisations spanning a wide range of industries and verticals including transportation , supply chain and logistics , energy , retail and ecommerce , financial services , telecommunications , and public sector .

“ Many technology companies are offering a Blockchain platform for customers to build on , but we wanted to go one step further . We use our domain expertise to create business , user-friendly , domain-specific solutions so customers can get immediate value from Blockchain technologies by transforming existing business processes ,” said Rick Jewell , Senior Vice President , Supply Chain and Manufacturing Cloud Applications , Oracle . •

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