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SAP Introduces Cloud Platform Blockchain – Nasdaq.com
June 18, 2018 | Cloud Computing, Blockchain, SAP Cloud Platform
SAP Introduces Cloud Platform Blockchain
SAP made a significant announcement concerning its work on distributed ledger technology, releasing the SAP Cloud Platform Blockchain as a new “Blockchain-as-a-service” for enterprises.
Most SAP clients are still in the early proof-of-concept phase of DLT adoption, but SAP is already providing DLT services to its clients, according to Gil Perez, senior vice president for product and innovation and head of digital customer initiatives at SAP, as reported by TechCrunch.
During the conference, the company also announced that the SAP Cloud Platform is now available on all major cloud infrastructure providers, including the Google Cloud Platform and Microsoft Azure.
SAP also intends to release a private edition of the SAP Cloud Platform, targeted at clients in regulated industries such as banking, healthcare and transportation, as well as those managing sensitive data.
“Our early access customers and partners can join SAP to get a first-mover advantage innovating and scaling blockchain [technology] as a core part of their Internet of Things strategies,” said Tanja Rueckert, president of IoT and digital supply chain at SAP, per the announcement.
SAP’s blockchain co-innovation initiative has helped about 65 companies to integrate DLT solutions in industries such as transportation, food and pharmaceuticals.
To expand and accelerate global adoption and best practices of block chains in the transportation industry, SAP has started a global industry block chain consortium with seven founding members, including Intel and Hewlett Packard.
Source: SAP Introduces Cloud Platform Blockchain – Nasdaq.com
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