The previous section listed OBP and its features. It also tried to match them with BaaS qualifiers. Almost all of the OBP features matched the BaaS qualifiers, except one (Eat your own pill). In this section, we will expand on the OBP features and match them with the Eat your own pill qualifier. This qualifier essentially displays the capability and maturity of BaaS offerings from a vendor. In this context, Oracle offers many applications that are built on OBP.

Oracle is the pioneer in creating SaaS-based blockchain applications that allow business applications to leverage blockchain technology for traceability, enhanced security, and streamlined consensus. These SaaS-based blockchain applications are built using OBP and run on Oracle's cloud platform. They are seamlessly integrated with other SaaS applications, such as supply chain management (SCM), enterprise resource planning (ERP), and other cloud-based applications. They are also integrated with machine learning applications and IoT and AI applications.

These applications solve common challenges faced by enterprises such as tracking, tracing, visibility, and root cause analysis. Blockchain is a technology that remembers. It is a technology that removes the hurdle in the tracking, tracing, and visibility of products. Oracle Blockchain Applications allow the tracking, tracing, and analytics for products through their supply chain cycle. These applications also allow root cause analysis and offer recommendations in challenging situations such as damaged products, delayed transportation, delayed delivery, and low quality.

These blockchain applications offer the following advantages:

• They offer pre-built solutions to common business challenges
• These applications are configurable, allowing for the faster interconnection of applications with blockchain technology to meet business needs
• It's a one-stop shop to add B2B partners to blockchain business networks
• It allows quick solutions to business challenges and saves time for business
• It leads to business agility for SaaS and on-premise applications, allowing them to quickly leverage the benefits of blockchain technology
• It seamlessly integrates IoT and AI-based applications
• It offers a pre-built analytics dashboard to enhance transparency, trust, and visibility among businesses, its partners, and suppliers

These applications offer solutions to business problems such as recalls, disputes, frauds, compliance issues, and counterfeits. They offer analysis and end-to-end traceability across the supply chain. They offer a pre-built dashboard, which surfaces IoT, AI, and blockchain transactions. This allows real-time insights for businesses. The following are the applications offered by Oracle (at the time of writing this book):

• Oracle Intelligent Track and Trace: It offers end-to-end asset tracking and tracing. It allows a digital footprint for each step and event in the process of the supply chain. It offers real-time insight into these events and steps in the process of the supply chain, from manufacturing to transportation, to sales and delivery.
• Oracle Product Lineage and Provenance: It allows users to verify the provenance of the product.
• Oracle Intelligent Cold Chain: It tracks the product's state from manufacturing to sales and offers a full audit trail of it. It emits alterations for excursions and offers preventive recommendations.
• Oracle Warranty and Usage Tracking: It tracks high-value assets and offers a complete audit trail of an asset's usage. These audit trails are verifiable logs and can be used for product warranty and liability claims.

Enterprises can transform their existing business processes and attain immediate benefits from these business-friendly applications. These applications allow enterprises to develop a blockchain network that allows secure, transparent, and efficient transactions with their suppliers and partners. Moreover, it solves common business problems with tracking, tracing, visibility, and root cause analysis. This is indeed the future for applications. Such applications work seamlessly with existing on-premise and cloud applications. Businesses can use out-of-the-box blockchain applications, set up their blockchain business network with blockchain network templates, and expand and integrate with applications using pre-built integration. We are going to learn more about this in subsequent chapters.