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It provides businesses with a low-risk gateway that allows enterprises to access the distributed ledger technology, present in the cloud. This way, users can easily explore blockchain with complete reliability on the transparency of operations and accounting executions.

It makes the use of open standards, allowing the users to create new consortia-based blockchain models that are private. It allows customers to develop their own blockchain extensions for existing applications that they are widely accepted over the industries. The SAP Blockchain executes operations as a Blockchain-as-a-Service field. Now, for those readers who might still get confused around ‘Blockchain’ and ‘SAP Blockchain,’ let’s settle differences first! Integrating the SAP Blockchain into your cloud system, adds a new dimension to operations as it unlocks new functionalities into the blockchain ecosystem. SAP blockchain feature allows partners & users of the cloud platforms, to extend and build applications with blockchain technology. However, with SAP Cloud Platform Blockchain’s introduction, integrating your enterprise applications to the platform is no longer a distant dream. Considering an ecosystem that is much dominated by startups of all shapes & sizes, blockchain integration functionalities. However, even after gathering its immense success, the platform lacked integration with enterprise applications. There is likely no other topic that is as controversial around the IT industry, when it comes to blockchain & how it has created a revolution across the globe.