Banking and Financial Services
Oracle Blockchain Platform provides bank customers with nearly instant funds availability for payments, remittances, corporate or personal accounts and ensures full auditability and AML compliance.
e-KYC for rapid customer on-boardingOracle Blockchain Platform helps bank clients to speed through individual account creation process and manages complex KYC document collection requirements for corporate services by providing a tamper proof digital identity.
Oracle Blockchain Platform integrates with banks to enable customers to tokenize securities for fractional trading and integrate with digital exchanges, providing 24x7 settlement and lower costs.
Brokerage window transfers for funds companiesOracle Blockchain Platform uses smart contracts to help streamline transfers between mutual fund accounts and self-directed brokerage accounts, benefiting customers by reducing errors and overnight delays, enabling multiple daily transfers.
Smart parametric insuranceOracle Blockchain Platform uses smart contracts to Link micro-policy creation, issuance, and execution, automating premium setting and settlement for parametric insurance to reduce processing costs and increase customer trust.
By enabling decentralized peer-to-peer business interactions and transactions, Oracle Blockchain Platform allowed SERES to eliminate the need for trusted third parties.
SERES delivers faster and safer invoicing on Oracle Blockchain Platform“Oracle Blockchain Platform provided us with a great business opportunity—it enables us to provide transactional services with guarantees to our clients, notifying them of every stage of the process with complete security and transparency—which is a very attractive prospect for businesses requiring electronic invoicing services.”
Chema Mínguez Gutiérrez, Transactional Services Manager, SERES
Retail
Oracle Blockchain Platform provides retailers and consumers with trusted provenance information across the entire product journey, linking raw materials, certifications, and manufacturing processes for diamonds from mining to retail.
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Retraced developed platform based on Oracle Blockchain and ATP to enable fashion brands to verify sustainable sourcing of materials and authenticity of artisanal production and provide end-to-end supply chain visibility to the consumers.
Oracle Blockchain Platform enables customers to earn tokens, which they can seamlessly redeem rewards at any of the retail partners on the blockchain network.
Manufacturing and field service
Oracle Blockchain-enabled traceability for high-risk critical raw materials across the electric vehicle batteries supply chain ensures trusted provenance (and track CO2 emissions related to production of battery units and transportation of the materials they depend on).
By using a distributed ledger of intercompany Point of Sale and Invoices, reconciled by smart contracts, Oracle Blockchain enables the verification of accounting rules. These rules perform 2-way or 3-way matches with company systems to enable netting-based settlement and near real-time processing based on validation rules and controls codified in smart contracts with robust ERP integration, automated exception/dispute tracking, and sophisticated analytics integration.
Aviation parts history tracking and maintenance recordsAviation parts history tracking and maintenance records Description: Oracle Blockchain Platform links the supply chain to establish trust in used/reconditioned aircraft parts with full history tracking and keep tamper-evident ledger of all maintenance activities.
A secure B2B transaction platform built on Oracle Blockchain Platform, enables private groups with suppliers, channel partners, banks, contract manufacturers, etc. to coordinate work order progress across the contract manufacturing network, gain real-time visibility into vendor’s inventory, certify and trace geo-origin & authenticity of products, enforce SLAs with Smart Contracts, perform continuous audit, and submit information for 1-click invoice financing.
Optimizing overall equipment effectiveness and predictive maintenance in manufacturingOracle Blockchain Platform allows for secure network tracking granular data on component failures and repaired and replaced equipment to provide preventive and predictive maintenance analytics. This data helps enable AI to train CNC machines based on historical data collected from a network of similar machines for optimal machine and operator performance.
Food, agriculture, and CPG
Certified Origins Italia is utilizing the Oracle Blockchain Platform to track and trace the Bellucci brand EVOO from their Italian bottling facility to the port of arrival in the US. This implementation of blockchain technology is a continuation of Certified Origins’ commitment to providing greater food supply chain transparency.
Tracking cattle genomics and CO2 emissionsOracle Blockchain Platform combines data on animal ancestry and DNA, birth details, and laboratory results with data from retailers, along with tasting data crowdsourced from buying public, and provides a channel for farm-to-fork visibility.
Description: Oracle Blockchain Platform helps maintain a distributed ledger of all certification and supplier data for all Farmer-to-Factory and Factory-to-Consumer steps, which promotes consumer trust, helps to ensure food safety, and narrow recall impacts
Oracle Blockchain Platform connects a milk farmers’ cooperative payment process optimized with Oracle Blockchain and OriginTrail Decentralized Network (ODN) to provide insight and verify traceability and laboratory data in real-time.
Transportation and logistics
Decentralized consortium of many carriers and ports uses Oracle Blockchain Platform’s distributed ledger to replace one-to-one connections with trusted collaboration, increasing efficiency, providing shipment visibility and transparency through a single source of truth, effectively removing the need for third parties.
Oracle Blockchain Platform helps track deliveries over multiple modes and tiers of transport providers, with multiple hand-offs tracked over blockchain to eliminate risks that stem from inefficient and faulty data integrations
Oracle Blockchain Platform allows for structured, secured and transparent blockchain-based digital document management and exchange platform where all the logistics stakeholders can collaborate in real time for customs clearance, international trade facilitation, cargo handling at seaports, as well as information and registration systems for freight operations and vehicles.
Healthcare and pharmaceuticals
In healthcare giving the right data to the right people at the right time can save lives. Using Oracle Blockchain Platform’s technology creates a seamless ecosystem that keeps the patient’s distributed team of care providers in sync in real-time.
HealthSync uses Oracle Blockchain Platform to power more intelligent healthcare“Healthcare infrastructures rely on siloed data, with each institution keeping independent records of the same information. Oracle Blockchain Platform enables our HealthSync Platform to aggregate data in a distributed ledger, giving providers a secure, single source of truth for better decision making.”
Moses Rajan, CEO, HealthSync Inc.
Oracle Blockchain Platform helps with tamper-evident recording of health test results and related data to ensure transparency in capturing, recording, and reporting of relevant statistics.
Fighting the growing problem of fake drugs using Oracle Blockchain Platform’s a distributedblockchain ledger and IoT to register and track all touchpoints in the drug’s movement, leaviesng no scope for record tampering.
Education and training
Oracle Blockchain Platform enables colleges and professional education providers to issue tamper-proof credential certifications along with verifiable transcripts for self-sovereign access sharing by students.
Oracle Blockchain Platform helps match study abroad students with the extended education ecosystem of the universities, accreditation and related agencies, and prospective employers
Government and public services
Customs service puts inefficient and fraud-attracting export licensing process on Oracle Blockchain Platformblockchain to reduce fraud and improve excise tax collection.
Criminal investigations track evidence chain of custody on a distributed ledger built on Oracle Blockchain Platform that connects multiple labs and increases public trust.
Oracle Blockchain Platform’s immutable distributed ledger helps manage visa cases and track documents for more efficiency and transparency, and helps prevent less fraud.
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