SAP is working with more than two dozen produce, pharmaceutical, tech and shipping companies on an automated blockchain-based supply chain tracking system that it believes will bolster visibility and ensure the authenticity of goods such as food and drugs.
The software giant is piloting its SAP Cloud Platform Blockchain with 16 farm-to-consumer produce suppliers such as Maple Leaf Foods, Johnsonville, Naturipe Farms, Tate & Lyle and Natura.
It says the service enables enterprises to build and extend business applications with SAP's MultiChain blockchain service, which was built using the open-source Hyperledger Fabric platform from the Linux Foundation.
The company recently created a partner consortium consisting of seven companies, including Intel, Hewlett Packard Enterprise Co. (HPE), UPS and A3 by Airbus SE, to help it develop a global supply chain platform.
A lot of companies are interested in blockchain for creating more efficient workflows, but supply chain management is one of the "big, killer apps," according to Vipul Goyal, an associate professor in the Computer Science Department at Carnegie Mellon University (CMU).
While SAP Cloud Platform Blockchain has been in production for several months, the applications that will enable data from various specific industries to be entered remains in development.