Blockchain and The Internet of Things (IoT) can be leveraged to track and manage the authenticity, compliance, product journey, performance management, and recall management of smart devices. Blockchain and IoT also help mitigate supply chain risks such as tampering, counterfeits, and mishandling. Oracle Product Traceability and Recall is a cloud-based solution that brings together the power of IoT, blockchain, and supply chain management cloud services. The solution showcases how to plug the visibility leaks and has end-to-end transparency across the product lifecycle, including the supply chain.
Oracle Product Traceability and Recall with Blockchain and IoT industry solutions platform consists of Oracle Supply Chain Management (SCM) Cloud, Oracle Internet Of Things Cloud Service, and Oracle Blockchain Cloud Service.