In an attempt to explore the vast field of blockchain applications, the technology firm Oracle has now collaborated with Bay Area-based Alpha Acid Brewing Co. The company is anticipating for using Blockchain Technology for efficiently running the beer company.

The company has decided to use internet enabled sensors to measure the temperature of the fermentation tanks. This data will then be stored inside an Oracle cloud system. It will provide easy and hassle-free access to the information when needed.

By the use of distributed ledger technology, consumers will be able to scan the QR Codes present on the beer to know its origin. Similarly, the transactions between the merchants from the origin to the point of sale will be transparent. This will lead an increased public trust and company value.

The technology will work towards making the supply chain tracking and source authentication more efficient. Even, in case of any discrepancy, the makers will be able to investigate the defected batch from the rest. So, the time and resource required will reduce from before.

Speaking on the same, Brewer Bozicevic said that the transparent brewing history of Alpha Acid’s beer will lure customers. The customers will be able to differentiate between two products properly. Though Oracle has not yet fully explored the depth of blockchain, the current decision is worth welcoming, says Bozicevic.