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Introduction

Oracle is developing an identity management application on top of its Blockchain Cloud Service platform to enable companies operating a global supplier network for services, products, or components to verify their suppliers’ compliance with various certifications or standards.

Highlights

  • Oracle aims to offer this as a business-ready application to reduce enterprise barriers in adopting blockchain and to provide immediate benefits of decentralized identity management in modern supply chain applications.

Features and Benefits

  • Explains how blockchain is applicable in both identity and supply chain management.
  • Describes how Oracle is bringing the two together as a SaaS service.

Key questions answered

  • What other Oracle cloud services will the Know Your Supplier initiative leverage?
  • What are some of the obstacles to this service's adoption?

Table of contents

Ovum view

  • Summary
  • The service combines IDaaS, SCM, and blockchain
  • Blockchain can underpin trust in far-flung networks
  • The trust network will have three component players
  • Government and regulatory buy-in is key

Appendix

  • Further reading
  • Author