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SAP has announced its Bring Your Own Node service for its customers. The service aims to simplify the integration process for multiple blockchain networks, the company explains in a press release.

The aim of the service is to make it easier for customers and partners to integrate different blockchain infrastructures with less friction. It supports integrations between nodes offered by SAP and nodes that are hosted on-premise or in another cloud, for example.

“SAP also supports the interoperability of blockchain-enabled SAP applications and business processes with external nodes and networks, providing equal functionality regardless of the environment,” said the company.

Two consortia

Blockchain is penetrating more and more industries, resulting in the emergence of consortia to help support use cases and accelerate innovation. SAP has introduced two consortia that are in line with this. One of these focuses on pharmaceuticals and life sciences. The other focuses on the use of blockchain in agriculture, consumer and retail products.

The consortia are available to “SAP customers, partners and other relevant players”, who will come together to look at the use cases and identify opportunities for collaborations in different industries. The idea is that the consortia can help improve transparency and efficiency around the use of blockchain.

SAP’s focus on blockchain is on staying relevant in the future, as is the case with other companies that invest in the technology. A recent Tech Pro Research survey found that 70 percent of the professionals did not use blockchain, but 64 percent said they expected the technology to have an impact on their industry.

The report further stated that education and usability are required for blockchain to gain greater traction in the enterprise world.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.