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We bring transparency to the supply chain for consumer electronics and electric vehicles manufacturers. Oracle Blockchain Platform enables us to transparently record and share the source of all raw materials using distributed ledger, which prevents unethically sourced minerals from passing through the supply chain. This will also cut costs for miners who currently shoulder this compliance cost in our industry.
The Circulor platform built on Oracle Blockchain Platform is used to tag, track and trace conflict minerals from the local mine to the manufacturers. Oracle’s pre-assembled blockchain enabled Circulor to focus on our specialty—minerals tracking—without spending time and effort on building hardened blockchain infrastructure, and it substantially sped up our time to market, while providing confidence to our end users. Even intermediate products mixed with other raw materials will be tracked on the platform. Its extensive REST APIs and integration adapters also enable manufacturers to easily integrate with other supply chain applications they use in their organizations.