What Is Blockchain Technology?

The blockchain technology refers to the transparent, trusted, publicly accessible ledger that allows us to securely transfer the ownership of units of value using public key encryption and proof of work methods. The technology uses decentralized consensus to maintain the network, which means it is not centrally controlled by a bank, corporation, or government. In fact, the larger the network grows and becomes increasingly decentralized, the more secure it becomes.
At its core, blockchain relies on a decentralised, digitalised and distributed ledger model. By its nature, this is more robust and secure than the proprietary, centralised models which are currently used in the trade ecosystem.
In simple words, blockchain technology is a disseminated ledger platform to get a grip of all your transactions in a protected and encrypted manner. It is a chain of blocks that is segregated across the network and connected together to provide a dependable, secure, and highly-advanced solution to record digital information.

SAP Blockchain Technology- A Plethora Of Different Services

SAP Blockchain As a Service

  • SAP offers its BaaS service that complements other platforms and ERP solutions
  • SAP Blockchain offers a low risky gateway to blockchain for clients
  • It empowers every customer and developer to make blockchain actionable and benefit their business.

SAP BaaS Framework Support

  • Multichain- It helps to carry-out multiple activities through a single framework.
  • Hyperledger Fabric-A personalized network that allows you to share information with industry experts.
  • Quorum-This helps to amplify speed of the transactions.

SAP Blockchain Components

  • SAP HANA Blockchain Service- helps connecting blockchain platforms to SAP HANA
  • SAP Cloud Platform Blockchain- Easy and Low risk approach to create blockchain based applications in the cloud.

SAP HANA Blockchain Service

  • SAP HANA Blockchain adapter- Enables easy adaptation of different blockchain networks.
  • SAP HANA Integration Service- Helps align and enhance the features of blockchain technology.

SAP Cloud Platform Blockchain Service

  • Offer an alternative to utilize traditional Blockchain solutions.
  • Enables easy integration with SAP ERP solutions with the help of SAP Leonardo.
  • Integrates with next-generation solutions and advanced technologies such as AI, IoT, etc.

Why Implement SAP for Blockchain?

  • Doesn’t compete with other blockchain platforms, but improves them
  • Business Process Centered
  • Enhance Network Experience
  • BaaS Abstraction Layer

SAP Blockchain Consulting Services
Can Guide You In Application Development

Blockchain Application Development

This technology possesses robust aptitude to build pioneering blockchain applications required for enterprises all across the world.

Enterprise Solutions

This disruptive platform has tremendous potential and this is a significant reason why several prominent organizations resort to blockchain technology.

Advisory and Consulting Services

We understand the dynamics of your business before recommending an appropriate blockchain solution for effectual and constructive business revolution.

Integration Services

Integration is one of the fundamental traits of the blockchain platform. Our seasoned experts commit to smooth and successful integration of the application with the cloud.

Blockchain Framework

Our expertise lies in structuring secure, decentralized, and dependable blockchain applications with the help of a wide array of frameworks.

Testing Services

Our blockchain consulting services comprises application testing services. We ensure that all the components work in-sync with each other. Besides, it is convenient to link them with blockchain fabric that interacts in your preferred pattern.

How We Work For SAP Blockchain

Every blockchain service offering is unique but consists of certain basic aspects

Structure & Implementation

Third party integration, complex implementation management, and custom coding assures that each solution is suitable for the current system and future requirements.

Asset and Solutions

Our blockchain consulting services are inclusive of proprietary software add-ons such as hardware security modules, redaction and key management. These add-ons provide you with personalization and better control over the application and business process.

Strategy Assessment

As a blockchain technology company, we can evaluate your goals and the technology’s effectiveness on your entity. We can also create a roadmap and prioritize your transformation.

Key Areas Where SAP Blockchain Can Exhibit Its Potential

SAP Blockchain Technology Solutions

Blockchain Development

Cryptocurrency Exchange


Digital Contract Development

Supply Chain Management via Blockchain

Private Blockchain Development


Threat-Free Wallet

Why Is A Beneficial Solution For SAP Blockchain Technology?

With years of in-depth knowledge, creative, and insightful approach, Selcouth has the capability to determine the next-generation technological enhancement. This helps the team to amplify the scope of business expansion.
Selcouth offers you a rewarding and an all-inclusive blockchain technology solution. Our solution comprises prototyping, realization, testing, consulting, and successful execution of enterprise solutions. Our experts can recommend personalized solutions to businesses based on their specific business requirements.
We assist firms become tough, organize, and improvise with the reliable and secure advanced technologies to ensure smooth transactions.