Rajarshi Mitra
Independent Analyst
- The platform will provide tools to build smart contracts, app and networks for the companies.
- It uses artificial intelligence (AI) algorithms to automate a number of processes.
Salesforce, a cloud software firm based in the United States, announced in a live stream that it has introduced its own blockchain platform, Salesforce Blockchain. The platform is based on the firm’s application builder Salesforce Lightning and open source blockchain technology by Hyperledger.
Salesforce Blockchain is a low-code blockchain platform that will provide tools to build smart contracts, app, and networks for the companies by which they can share verified data using distributed ledger technology (DLT). The platform will use artificial intelligence (AI) algorithms to automate several processes.
Few American institutions like market intelligence firm S&P Global, leading global provider of advanced analytics IQVIA, and Arizona State University have implemented Salesforce Blockchain platform in their processes. The platform will be available to the general public in 2020. Earlier, the U.S. Patent and Trademark Office granted a patent to Salesforce to detect spam emails using blockchain technology.
Hyperledger recently introduced a set of tools called Hyperledger Aries to improve the interoperability of different types of blockchain-based data. It enables an efficient exchange of blockchain data, supports peer-to-peer messaging and helps interactions between different blockchains and other distributed ledger technologies.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Crypto traders brace for short-term volatility with $2.4 billion options expiry on Friday
Bitcoin and Ethereum options market looks bullish on Friday, according to data from intelligence tracker Greeks.live. The firm said it has identified two Bitcoin calls that show an underlying bullish sentiment among market participants.
XRP recovers from week-long decline following Ripple’s response to SEC motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.
Lido adds 4% gains as protocol rolls out first step towards decentralization
Lido takes the first batch of simple DVT validators to live, a step taken to decentralize the protocol. Lido leveraged technology to expand the protocol to multiple node operators, inviting both solo and community stakers.
Bitcoin Weekly Forecast: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.
Bitcoin: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.