TagSAP

Lufthansa Announces Global Blockchain Challenge for the Aviation Industry

Lufthansa

Lufthansa Innovation Hub (LIH) and the SAP.iO Berlin Foundry have teamed up to launch the first ever Aviation Blockchain Challenge worldwide. Announced in a blog recently, the challenge seeks to explore potential opportunities and drive adoption of Blockchain technology in the airline industry. The Challenge According to the reveal announcement, application of blockchain technology in finance...

Software Giant SAP Joins Open-Source Hyperledger Blockchain Consortium as Premium Member

SAP Hyperledger Blockchain

The Hyperledger Project, a cross-industry collaborative led by the Linux Foundation has announced the addition of enterprise software giant SAP as a premier member of the consortium. Notably, Hyperledger’s announcement reveals SAP’s plans to implement blockchain solutions in “existing and new business scenarios for enterprises”. SAP has over 80,000 employees across 130 countries, counting nearly...

Enterprise Software Leader SAP Taps Blockchain to Improve its Products

SAP, a multi-national enterprise resource planning software provider, is writing specialized software to allow customers to connect blockchains to its Hana Cloud Platform, which provides an online database for adding new functions to their SAP systems, according to Bloomberg. Juergen Mueller, chief information officer for the Walldorf, Germany-based company, said the blockchain’s potential for...

Ripple Blockchain Payment from Canada to Germany Takes 20 Seconds

blockchain

A collaboration between Canadian financial institution ATB Financial, German software multinational SAP, blockchain startup Ripple Labs and Geman bank ReiseBank AG has demonstrated the potential of blockchain technology, wherein an international payment took 20 seconds as opposed to several working days. German multinational software firm SAP has announced the results of an international cross...