Blockchain and 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 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 have 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 Supply Chain Management (SCM) Cloud, IoT Cloud, and Blockchain Platform.