By Mark Rakhmilevich, Oracle and Lionel Louie, CargoSmart Supports not-for-profit joint venture accelerating digital transformation in the shipping industry Ocean shipping has been steadily growing in recent years. Ocean container carriers have been through major consolidation, vessel operators have been tightly controlling the amount of vessel capacity, and the global economy has been strong. Now, increased risk and added uncertainty from geopolitical factors like trade wars...
As financial institutions look to enhance their customers' online banking experience, a number of them are looking are blockchain technology as a way to accelerate the payment process and cross-border transfers.
This is the second of a two part interview with Prasen Palvankar, the Senior Director of Product Management for IoT Applications Cloud & Blockchain Applications Cloud, to continue our discussion around blockchain in the consumer markets industries.
CANO produces sustainably sourced handmade Mexican huaraches. The company is using the Oracle Blockchain Platform to provides raw material traceability and supply chain visibility into the materials used to make the shoes.
Arab Jordan Investment Bank (AJIB) is now in production with the Oracle Blockchain Platform. The project is the largest blockchain deployment in the Middle East. AJIB deployed Oracle Blockchain Platform to replace the banking application previously used for money transfers between AJIB entities, resulting in cost-savings and real-time cross-border transactions.