Software Giant SAP Launches Blockchain-As-A-Service Platform

June 7, 2018 3:08 pm Published by

CoinDesk reported Thursday SAP has launched a cloud platform dedicated to helping companies develop blockchain-based applications.

The cloud-based solution provides companies with a framework to build business applications on top of blockchain systems, the report said.

The company said the work is being formally rolled out after it has worked with 65 companies within its Blockchain Co-Innovation Initiative that trialed blockchain applications, the report said.

The 65 companies include various industries such as supply chain, manufacturing, transportation, food and pharmaceuticals, CoinDesk reported.

In early May, CoinDesk reported the company is working with U.S. sausage maker Johnsonville, as well as Naturipe Farms and Maple Leaf, to pilot a project tracking the origin of food products across the supply chain as a part of its Farm to Consumer initiative, the report said.

In addition, SAP announced it is forming a blockchain consortium, the report said, members of which are entitled to use tech developed by the group. Notable firms in the consortium currently include HP Enterprise, Intel and UPS., Jack Durschlag

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