Today and Oracle OpenWorld in San Francisco, Oracle released a slew of new applications and new suites including new Blockchain Applications Cloud. This suite of SaaS applications is tailored around enhanced traceability and transparency throughout the supply chain. Built using Oracle Blockchain Cloud Service, the Oracle Blockchain Applications seamlessly connect with Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Management (ERP) Cloud and other Oracle Cloud Applications.
Risk is everywhere. Along supply chains there are millions of data points that can potentially be exploited. Blockchain is a technology that can potentially help secure these points as well as increase visibility throughout the supply chain. Oracle’s Blockchain applications, built on Oracle Blockchain Cloud Service, not only seek to address the above, they also intend to ease adoption and provide immediate business benefits to customers.
Oracle Blockchain Applications include:
These new Oracle Blockchain Applications also leverage new technologies such as embedded AI and IoT. These technologies help customers to leverage real-time data to improve accuracy of the data coming back into the business leading to better decisions moving forward. The company goes on to state that it develops emerging technologies in unison to provide intelligent recommendations and better user experience across the SaaS applications for supply chain, finance, human resources and customer experience.
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