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By 2019, with increasing adoption of the Internet of Things (IoT) across industries, IDC estimates that 20 percent of all IoT deployments will have basic levels of blockchain services enabled.
Companies face many challenges while managing assets such as dealing with large volumes of data, asset tracking and maintenance, and the need for accurate financial reporting. Oracle IoT and Blockchain solutions offer comprehensive asset tracking and tracing capabilities that provide tracking, visibility, and control of globally dispersed assets for capital-intensive companies, along with complete transaction auditing.
Oracle IoT and Blockchain solutions improve supply chain visibility by making data readily available to all stakeholders, including the customer. You can make critical business decisions by connecting your devices to the cloud, integrating this data with enterprise applications, and analyzing this data in real time.