SAP USES IOT AND BLOCKCHAIN IN PRODUCTION MANAGEMENT
SAP has organized a joint innovation program under this initiative, which included Capgemini, Deloitte, GrainCorp, HCL Technologies, HERE Technologies, Moog Inc, Natura Cosméticos S.A, NetApp and PeerNova. All of them will present business models of the application of blockchain technology in SAP solutions for management of the life cycle of products and resources.
According to the Director of Innovation in SAP, Jürgen Müller, their program will simplify the order confirmation and inventory management, and allow establishing the authenticity of products and their compliance with technical specifications.
We would like to remind you that in May SAP has announced the development of a cloud-based blockchain service, which can help customers to simplify and optimize processes with a large number of participants.