Blockchain Service Platform launched by SAP
Blockchain cloud platform launched by SAP. A multinational enterprise application company SAP has launched his own digital platform.
The announcement was made on Wednesday; this cloud-based service is designed to provide innovation with a framework to make business application in addition to blockchain systems like Hyperledger Fabric. Hyperledger Fabric is a blockchain platform which was started by Linux Foundation, wherein SAP is also the major contributor.
The SAP Blockchain cloud platform is launched to assist the corporates to develop Blockchain-based software.
SAP made this announcement in an event. The cloud-based solution intends to provide enterprises with a framework to construct business applications. In addition to Blockchain systems like Hyperledger Fabric, the Blockchain platform started by the Linux Foundation, where SAP is also a principal contributor. An analysis came out after the job has been officially rolled out after working with 65 companies in the Blockchain innovative measures which helped various industries like supply chain, production, transport, pharmaceuticals, and food.
In the previous report, they stated that the provider will work with U.S. sausage manufacturer Johnsonville, Naturipe Farms and Maple Leaf. They will start a project to monitor the source of food products throughout the supply chain as part of their Farm to Consumer initiative. SAP along with this innovative program will also form a Blockchain group. Through this initiative, they intend to help eligible members to utilize the technology developed by the team.
SAP has also joined the race like other enterprise organisations like ORACLE, IBM, MICROSOFT and AMAZON who have developed Blockchain based applications for their users. Many corporations use back-office management of everything from finance to logistics. Blockchain can present some engaging use cases for its users such as supply chain management.
What does SAP want to say with this?
SAP is working on what the users want. The organization has conducted a survey among 250 of its users. They’ve come to the conclusion there is an enterprise interest in exploring Blockchain technology though it’s still nascent
We are announcing the general availability of the SAP Cloud Platform Blockchain Services. We are announcing the general availability of the SAP Cloud Platform Blockchain Services.
Image via Google
Join our Telegram group