p Technology will form part of the SAP Cloud portfolio and is based on the Hyperledger platform.
SAP has launched a Blockchain-as-a-Service product as part of its Cloud portfolio.
The move sees SAP join the likes of Microsoft and IBM in offering blockchain technology.
Described as being “ready-to-use blockchain technology” it is part of the SAP Leonardo product suite, which was also launched at the SAP Sapphire event in Orlando.
The technology is based off the Hyperledger open source blockchain platform, which SAP joined as a premier member in 2017, it will use its standards and protocols.
SAP has launched the service as a way to help businesses to integrate blockchain with existing business processes.