Enterprise Software Leader SAP Taps Blockchain to Improve its ProductsSAP is working with various blockchain technologies, including Ethereum and the bitcoin blockchain.
In one instance, SAP is using blockchain software to allow patients to share electronic medical records with drug makers or doctors for a specific time period, during a study or medical care. In another instance, it is designing a system for farmers’ weather insurance that will access rainfall data from field sensors, then automatically advise insurers if a drought is pending that would result in a payout.
Cross-border money transfers is one of the key banking applications for blockchain technology. ATB Financial, a Canadian bank, and Ripple Labs transferred 1,000 Canadian dollars ($760 USD) to a German bank in 20 seconds rather than several days.
https://www.cryptocoinsnews.com/enterprise-software-leader-sap-taps-blockchain-improve-products/
