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New Blockchain Application for Intelligent Track and Trace
Discover how Oracle Intelligent Track and Trace boosts transparency and traceability across the supply chain.
Oracle Blockchain Applications Features
Avoid a complex blockchain development cycle.
- Simply configure cloud-based blockchain applications to enable business users to meet today’s business needs. No coding required.
- Solve business issues—such as recalls, disputes, counterfeit, fraud, and regulatory compliance—more quickly with root-cause analysis and end-to-end traceability throughout the supply chain.
- Automate inefficient manual processes and easily execute contracts.
- Gain multitier visibility and traceability across your supply chain, product genealogy, and provenance.
- Easily record nonreputable, authenticated transactions in decentralized ledgers for more trusted business processes.
- Gain intelligence and create recommendations to optimize and perform remediation across the broader business network.
Easily augment your existing business processes and applications for better visibility, traceability, and compliance. No need to modify existing business processes or replace existing applications.
- Work seamlessly with existing Oracle and non-Oracle SCM, ERP, human capital management (HCM), CX, and Internet of Things (IoT) applications.
- Save time by using prebuilt workflows with standard business documents such as purchase orders, sales orders, shipment notices, work orders, service records, and equipment readings.
- Easily define smart contracts and rules. Make additions as required.
- Inform your business network by leveraging IoT connectivity, artificial intelligence (AI), and machine learning to bring reliable intelligence from physical assets via sensors.
- Simply and consistently onboard trading partners to create a business network.
- Easily connect to cloud, on premises, Oracle, and other third-party applications.
- Reduce risk with blockchain operations, managed by Oracle.
Informed by blockchain transactions, AI, machine learning, and IoT, prebuilt industry-specific dashboards show real-time results, analytics, and alerts from across your business network.
- Produce and verify higher-quality products with faster shipments to your customers.
- Accelerate time to market and time to value to weeks instead of months.
- Gain greater transparency and trust among partners with appropriately endorsed transactions with visibility into suppliers, carriers, distributors, manufacturers, producers, and other business partners.
- Gain access to transformative technologies such as IoT, AI, and machine learning faster and with less risk.
- Empower and augment your business and industry processes quickly.
Oracle Blockchain Applications Can Transform Industries
| Oracle Intelligent Track and Trace | Provide a complete track-and-trace solution to monitor the movement of assets or goods across a network of trading partners. Create a digital paper trail for each step in manufacturing, each leg of a transportation process, and each event throughout the supply/value chain to realize transparency and with prebuilt analytics to help manage supply chain operations. |
| Oracle Product Lineage and Provenance | Verify the origin and authenticity of a product as it moves throughout the value chain and automatically capture information about all transformations of a product including pedigree, serialization, and genealogy. This results in auditable visibility and traceability of a product. |
| Oracle Intelligent Cold Chain | Monitor the condition of goods from the manufacturer all the way to point of sale. Improve safety with a full track-and-trace solution for food and pharmaceuticals that require cold storage. Deliver reactive and predictive alerts of excursions with recommendations and root cause analysis to lower risk and realize full transparency with auditable trail of all events. |
| Oracle Warranty Usage and Tracking | Track product usage of high-value assets for rental, warranty, service, and insurance. Provide undisputable records for rented/leased product usage tracking and deliver an auditable and verifiable log of product usage for warranty and liability claims, resulting in reduced legal liabilities and increased customer satisfaction. |
Safe Harbor
The preceding is intended to outline our general product direction. It is intended for informational purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.