German business SAP is now working with a variety of blockchain technologies , including those that support Bitcoin and Ethereum , to explore how it can work blockchain solutions into its financial and operations planning software . SAP is offering specialised software to customers in the farming , healthcare , insurance and banking sectors , among others , which can link blockchains to its Hana Cloud platform , which provides a database and applications as online services so customers can add new functions to their SAP systems . Blockchains, which can be used under open-source agreements or licensed from an independent vendor, are de-centralised software ledgers that make transactions visible to multiple parties at once. Applications include sending farmers ' rainfall data to insurers in the case of extreme weather conditions , allowing patients to share medical records with doctors or drug makers for a period of time , and allowing global financial transactions to be completed in seconds instead of days . Talking about future ways that SAP could learn to use blockchain , an analyst said that while " it wo n't build the car or the internal electronics , it will enable the interactions " between autos , drivers , and services .
German business SAP is now working with a variety of blockchain technologies , including those that support Bitcoin and Ethereum , to explore how it can work blockchain solutions into its financial and operations planning software . SAP is offering specialised software to customers in the farming , healthcare , insurance and banking sectors , among others , which can link blockchains to its Hana Cloud platform , which provides a database and applications as online services so customers can add new functions to their SAP systems . Applications include sending farmers ' rainfall data to insurers in the case of extreme weather conditions , allowing patients to share medical records with doctors or drug makers for a period of time , and allowing global financial transactions to be completed in seconds instead of days . Talking about future ways that SAP could learn to use blockchain , an analyst said that while " it wo n't build the car or the internal electronics , it will enable the interactions " between autos , drivers , and services .