Leading enterprise blockchain provider atkrypto.io has announced the launch of the “atkrypto for SAP” TestNet Public Blockchain, now running on the SAP Business Technology Platform (BTP) Kyma trial. This innovative initiative represents a significant step towards integrating blockchain technology with SAP’s robust business solutions.
Expanding Blockchain Across Industries and Processes
The vision behind “atkrypto for SAP” involves deploying public blockchains tailored to specific industry verticals and business process horizontals, ranging from agriculture to waste management and from order-to-cash to hire-to-retire processes. This approach addresses the need for industry-specific public blockchains that can handle the unique data and technology requirements, including edge sensors and cloud servers in SAP’s S/4HANA environment. The aim is to facilitate multi-party collaboration across the entire lifecycle of modern business processes.
Enhanced Cybersecurity and Data Integrity
One of the key advantages of integrating atkrypto’s distributed ledger technology with SAP BTP is the significant enhancement in data security and integrity. The native characteristics of atkrypto’s technology ensure higher levels of data protection. By leveraging existing SAP investments, the platform provides a seamless integration with SAP products, thereby creating a comprehensive enterprise blockchain platform.
Building Trust in Business Transactions
As business transactions involve an increasing number of partners, the need for trust becomes more critical. The “atkrypto for SAP” platform addresses this challenge by offering a reliable and secure blockchain solution. As a Layer 0 blockchain provider, atkrypto.io enables the creation of various types of blockchains—public, private, semi-private, syndicated, and Blockchain-as-a-Service (BaaS).
Ease of Use and Rapid Deployment
The atkrypto platform is designed to be user-friendly and efficient. It operates on Docker, with a trial license version available on Docker Hub. This allows enterprises to quickly deploy and run their own blockchains within an hour on the SAP BTP Kyma service. The platform’s mission is to simplify blockchain adoption for enterprises, taking the technology to the data rather than bringing data to the blockchain.
Partnership with SAP and Ecosystem Integration
The flagship enterprise blockchain product from atkrypto.io is developed in partnership with SAP’s Open EcoSystem. This collaboration ensures that SAP customers can either run their own blockchains or have them managed by atkrypto. The “atkrypto for SAP” TestNet Public Blockchain proves the concept that SAP customers need a blockchain platform that leverages their existing SAP investments while being easy to procure, operate, and manage.
Innovative Business Models and Collaboration
The launch of the “atkrypto for SAP” TestNet Public Blockchain marks a significant milestone in the ERP and blockchain space. This solution provides a first-of-its-kind public blockchain running on the SAP BTP Kyma service, configurable in various forms and quick to implement. It demonstrates the unique value of the atkrypto enterprise blockchain platform for SAP, developed by a SAP Partner Edge Open EcoSystem partner.
The platform allows SAP customers to operate multiple blockchains on their servers and those of their business partners, acting as both a secure data store and communication channel. This setup offers a single source of truth for data within and across organizations, enhancing collaboration and trust.
Future Prospects and Industry Solutions
Atkrypto.io plans to conduct several proving rounds for the “atkrypto for SAP” TestNet Public Blockchain, with the ultimate goal of running enterprise public blockchains on the SAP BTP Kyma service for various industry solutions. Subscribers will have the flexibility to manage their own blockchains or share them with business partners.
The platform is expected to unlock new business models and collaboration opportunities, enabling seamless business-to-business processes where third-party trust has traditionally been challenging. For SAP customers looking to run their own enterprise blockchain, the atkrypto platform is readily available for trial usage on Docker Hub, facilitating easy integration with the SAP BTP Kyma service.
Supporting Enterprises on the Web3 and Blockchain Journey
Atkrypto.io is dedicated to supporting enterprises embarking on their Web3 and blockchain journey. The team is ready to assist at every stage, helping organizations explore new business opportunities within Web3 and blockchain, build trustworthy AI infrastructure, and enhance operational security and resilience from edge/IoT/mobile devices to data centers.
Enterprises interested in integrating Web3 and blockchain into their operations are encouraged to reach out to atkrypto.io for guidance and support in achieving their vision.
