SAP, New Cloud Blockchain Project

This article was published on: 06/7/18 8:20 PM

Marcin IwańskiWritten by | blockchain, news

SAP, New Cloud Blockchain Project

SAP, a German-based software company have announced that they released a blockchain-based service platform; SAP Leonardo. The new project was created to help their customers to build applications and networks with the help of blockchain technology.

According to their announcement, the new blockchain-based project will enable customers to “easily build and extend business solutions” with technologies such as Hyperledger Fabric and MultiChain.

To help customers use “supply-chain” products which are blockchain-based, also to enhance transparency, safety and create collaboration, more than 60 companies are working in SAP blockchain “co-innovation initiative.”

Right now, one of the largest sausage maker company in the U.S – Johnsonville LLC, is using blockchain to track the origin of their products through supply-chain.

As Cointelegraph reported, in the last year, 27 new members from many industries joined SAP, among which are retailers, pharmaceuticals, logistics, public services and telecommunication, to explore Blockchain’s capability in streamlining operations across its supply chain and integrate the technology into the Internet of Things.

 

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Last modified: June 7, 2018

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