Blockchain Supply Chain App for Intelligent Track & Trace by Mary Hall

January 4, 2020 Leave a comment

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Blockchain technology offers  greater transparency and a single source of truth for for participants using supply chain networks. Intelligent track and trace of orders, goods and delays via blockchain could expedite the sending and receipt of goods.

Today’s supply chains produce multiple data points often times resulting in thousands of daily transactions that need to be validated and confirmed.

While all this "big data" data presents opportunities, it can also be incredibly difficult to manage, especially if that data isn’t properly validated by all parties. The lack of validation can expose organizations to risk, especially if they are trying to track supply chain goods that are regulated by law.   For supply chain tracking, blockchain technology offers some unique benefits.

  • Traceability: Full audit tail of data throughout the supply chain
  • Compliance: Single, timestamped, tamper-proof source of data
  • Flexibility: Real-time rule-based verification of multi-party confirmations
  • Reliable transactions: Trusted digital signature based peer to peer interactions

Intelligent Track and Trace on Blockchain for Supply Chain
Oracle’s Blockchain Supply Chain Application is designed to help organizations meet some of the business problems posed by supply chain networks.

In late 2018, Oracle announced a new suite of Blockchain Applications at Oracle OpenWorld. Since the announcement, Oracle has been closely collaborating with  early adopters to gather their feedback to help design the Blockchain Apps.  At MBX, March 19-21 in Las Vegas, Oracle experts  will share aggregated learnings from their design partner engagements and take a deep dive into our first Blockchain Application Offering: Oracle Intelligent Track and Trace. Read the complete article here.

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Technorati Tags: SOA Community,Oracle SOA,Oracle BPM,OPN,Jürgen Kress

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About Jürgen Kress
As a middleware expert Jürgen works at Oracle EMEA Alliances and Channels, responsible for Oracle’s EMEA Fusion Middleware partner business. He is the founder of the Oracle SOA & BPM and the WebLogic Partner Communities and the global Oracle Partner Advisory Councils. With more than 5000 members from all over the world the Middleware Partner Community is the most successful and active community at Oracle. Jürgen manages the community with monthly newsletters, webcasts and conferences. He hosts his annual Fusion Middleware Partner Community Forums and the Fusion Middleware Summer Camps, where more than 200 partners get product updates, roadmap insights and hands-on trainings. Supplemented by many web 2.0 tools like twitter, discussion forums, online communities, blogs and wikis. For the SOA & Cloud Symposium by Thomas Erl, Jürgen is a member of the steering board. He is also a frequent speaker at conferences like the SOA & BPM Integration Days, JAX, UKOUG, OUGN, or OOP.

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