Oracle Magazine, May/June 2018
INTERVIEW ORACLE MAGAZINE MAY JUNE 2018 23 collected in a spreadsheet that is floating back and forth in an unaudited manner between the participants until the value of the security gets finalized Blockchain could automate that process and provide a lot more security and visibility around it And it could even track the changing value of the security in real time as underlying loan payments are recorded In the retail space theres a lot of interest in blockchain Earlier I mentioned track and trace capabilities This could be for example a farm to table kind of a food provenance tracking where you have information on the participants from the initial farm as well as the processing steps the ingredients used in the final product the country of origin and so on and all of the information could be accessible to the final consumer And in warranty management where you have the retailer the manufacturer and the Mark Rakhmilevich blockchain product management director at Oracle sees the value of blockchain to help automate processes and reduce transaction friction
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