SAP will launch service platform based on Blockchain

"SAP Leonardo Blockchain" will run on the infrastructure of "Hyperledger Fabric" and "Multichain", as well as integrate the management system of "SAP HANA"

Through its website, the multinational software company SAP reported that it will launch a new service platform based on Blockchain technology, with which it aims to help corporate consumers to create applications based on this innovative technology.

SAP Leonardo Blockchain” will run on the infrastructure of “Hyperledger Fabric” and “Multichain“, as well as integrate the management system of “SAP HANA“.

SAP spokesmen commented that:

“SAP Cloud extends access to more than 150 data sources in the cloud, so customers can easily access and obtain information about their data, no matter where they reside.” The combination of machine learning and natural language query technology (NLQ) increases human intelligence, which allows faster and more accurate results and greater commercial agility. “

The company has been working with more than 60 new companies within several industries to optimize use cases in logistics, public services, retail, automotive, telecommunications and pharmacy sectors; as well as integrate its program in Blockchain to look for solutions in areas such as the Internet of Things (IoT), manufacturing and supply chains.

Another example of how distributed accounting technology, within the financial sphere and various industries, symbolizes benefits associated with cost reductions and streamlining of data processing times.

N. Moncada

Source: News.Sap

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