The stands surrounding the Oracle Open World conference stand out at a glance by the machines and prototypes that use Artificial Intelligence, Cloud and Big Data to provide innovative solutions.
It is difficult to choose which space to go first, but the long row in front of the stand or raised by Alpha Acid Brewing Co is the one that takes all the looks. The reason is not only the possibility of tasting their beers, but also because the company of just four years of life was positioned as one of the most innovative in the sample, since, to achieve a guaranteed quality in the preparation of their products, they use blockchain solutions and Artificial Intelligence.
"Thanks to these technologies that we incorporate our customers are more informed than ever, we also see that they are increasingly interested in what is inside the products they consume," says Kyle Bozicevic, owner and brewer of Alpha Acid Brewing, and He adds: "You can know exactly which ingredients make up the beer you are tasting and other information that has to do with the production process such as the cold chain."
The use of technology applied to production also allows producers to analyze the data collected by the sensors included in each batch. "The Oracle Intelligent Track and Trace Blockchain application helps ensure that we obtain the highest quality hops, malt and yeast, and allows us to create a narrative about our products to bring consumers closer," says Bozicevic.
When a consumer buys a beer from the company he can scan a QR code, found on the label of the bottle, to see all that information.At the same time, Alpha Acid Brewing implementation is useful to detect flaws in batches and to ensure that all its production has exactly the same quality, no matter where the drink is purchased.
Although blockchain technology is often associated with cryptocurrencies, it can also be a great help in the production of beverages.
Modern supply chains generate millions of data and thousands of daily transactions that need to be validated and confirmed. "Oracle Blockchain applications allow their users to track their products in distributed records to increase confidence in business transactions, gain greater visibility, accelerate product delivery and contract execution, and improve customer satisfaction," explains Rick Jewell , Senior Vice President of Supply Chain and Applications in the Manufacturing Cloud, Oracle.
This solution can also incorporate Internet of Things (IoT) and use artificial intelligence (AI) to take advantage of data in real time and improve the accuracy of data flowing in a customer's business network.On the other hand, Oracle Blockchain applications include smart tracking and tracking of goods and transactions; the possibility of knowing the lineage and procedure of the lot; tools to monitor and track temperatures in order to control, for example, the cold chain intelligently; and a control of the guarantee and monitoring especially for high value assets.
"Many technology companies are offering a blockchain platform for customers to build on, but we wanted to go one step further." We use our experience to create commercial solutions, easy to use and specific to each domain, so that customers can get immediate value from blockchain technologies by transforming existing business processes, "says Jewell.Due to the number of applications that Oracle Blockchain Cloud Service incorporates, this solution - which was launched earlier this year - is already used in several industries and verticals such as transport, supply chains and logistics, energy, retail, e-commerce , financial services, telecommunications and in the public sector. "
Some of the organizations that already use this service are Arab Jordan Investment Bank, CargoSmart, SERES, Indian Oil, MTO, Neurosoft, Nigeria Cusoms, Sofbang, Solar SiteDesign and TradeFin, among others.
"Oracle Blockchain applications make it easy for customers to build a reliable network of partners to improve the agility, accuracy and visibility of their supply chain." These blockchain applications work seamlessly with Oracle Cloud applications. existing, and are ready to be used with predefined integrations and business network templates for common business processes, "the executive concluded.