IBM Blockchain as a Service vs SAP Cloud Platform Blockchain comparison

Blockchain technology presents opportunities for disruptive innovation. It enables global business to transact with less friction and more trust.

Blockchain is a shared, immutable ledger for recording the history of transactions. It fosters a new generation of transactional applications that establish trust, accountability and transparency.

IBM Blockchain has joined The Linux Foundation's Hyperledger Project to evolve and improve upon earlier forms of blockchain. Instead of having a blockchain that is reliant on the exchange of cryptocurrencies with anonymous users on a public network (e.g. Bitcoin), a blockchain for business provides a permissioned network, with known identities, without the need for cryptocurrencies.

SAP Cloud Platform Blockchain service lowers upfront costs and reduces risk for enterprises wishing to experiment with blockchain technology or begin integrating new models into their business processes.As part of the SAP Leonardo systematic approach to digital innovation, SAP Leonardo Blockchain enables you to leverage state-of-the-art capabilities in your differentiating innovations. That includes integration with other next-generation technologies like IoT, machine learning, analytics, big data, and more.