Today Oracle
announced a batch of new functionality for its Oracle Blockchain Platform and shared information about thirteen companies currently using the network in production.
One client is CargoSmart, the technology provider behind the
Global Shipping Business Network (GSBN) which aims to enable the digital transformation of the global shipping industry. Consortium members include five of the world’s top ten shipping carriers: CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL, and Yang Ming. The five companies have a combined market share of 30.3% compared to
IBM and Maersk’s TradeLens where carriers account for 22.8% of the world’s shipping.
Another Oracle client is startup
Circulor which created the first blockchain traceability platform in Rwanda for conflict minerals such as tantalum which is used in consumer electronics. The Circulor network includes mining company PRG Resources which supplies Apple, as well as a refiner and the Rwandan government.
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