Salesforce is the latest “giant” to enter the blockchain game. The cloud solutions provider has just revealed its very own blockchain product built on the on the Hyperledger Sawtooth platform.
As Coindesk reported:
During the annual TrailheaDX conference, Salesforce announced its new low-code platform called Salesforce Blockchain that enables organizations to share verified, distributed data sets across a trusted network of partners and third parties.
The “marriage” between Salesforce’s CRM platform and blockchain is groundbreaking, since the company’s clients will now have the opportunity to create entire blockchain networks, including apps and workflows.
The framework of low-code allows drag-and-drop programming for complex apps, instead of the regular coding that is often too difficult and time-consuming to do. Thus, many enterprise clients are interested in the drag-and-drop programming.
Salesforce Blockchain integrates blockchain data directly in the forecasts that Salesforce makes for its clients.
The first several clients of the new solution are none others but S&P, Arizona State University and research data company IQVIA. The breadth and depth potential clients of Salesforce Blockchain proves its versatility in the market place. For example, Arizona State University will use the solution for keeping academic records on blockchain.
The Chief Commercial Officer at S&P Global Ratings commented on Salesforce’s new product:
Leveraging Salesforce Blockchain, S&P Global Ratings has created a trusted network of reviewers, where everyone can work from a shared, transparent and auditable review process — completely reinventing and expediting how we do KYC reviews for our customers