Upgrade existing TDE to use new unified key management in 12c Upgraded Database (non-cdb)

I'm really excited to be writing this post and I'm hoping it serves as helpful content. When reviewing the new unified key management in RDMS 12c, I came across old commands like 'ALTER SYSTEM' to manage the TDE keys that are still supported. As a proof, I didn’t see any pre-reqs that exists on TDE part in the following upgrade related MOS note.