German Corporation SAP Launched Its Own BaaS-Platform

June 8, 2018

German software developing corporation SAP has declared launching its own clod platform to let corporate customers develop blockchain-based applications.

SAP Cloud Platform Blockchain will allow for the companies to develop decentralized apps for their own purposes with Hyperledger Fabric, MultiChain and other blockchain as the basis.

According to SAP, this is just an official announcement, as the company has been testing its project intensively and involved 65 companies. SAP’s platform will allow for designing new decentralized apps and enhance technical capabilities for the already existing ones. The company provides minimum commission fees and high security level against possible risks.

Platforms for developing corporate blockchain applications are winning in popularity. Earlier similar platforms were released by Microsoft, IBM, Baidu and Tencent.

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