Oracle Releases Suite of Blockchain-Based Software for Supply Chain Managemen

Software development company Oracle Corp (NYSE:ORCL). has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.

Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list.

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