• 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.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin market update: BCH/USD sellers catalyze the breakdown under $220

The crypto market is bleeding across the board. Major cryptos like Bitcoin and Ethereum fall overnight while Bitcoin Cash engaged the reverse gear during Wednesday’s European session. From an opening price of $226.97, BCH ascended to an intraday high of $227.76. 

More Bitcoin Cash News

IOTA price analysis: IOT/USD loses ground, moves within the recent channel

IOTA, the 17th largest digital asset with the current market value of $745 million, has been moving in a tight range recently. The coin has lost 1.8% of its value on a day-to-day basis amid global sell-off on the cryptocurrency market.

More IOTA News

Ethereum price prediction: ETH/USD collapses below $170.00 – Confluence Detector

ETH/USD surrounded $170.00 support amid massive sell-off on the global cryptocurrency market. ETH, the second digital coin has lost over 4% of its value in recent 24 hours to trade at $167.00 by press time.

More Ethereum News

Facebook’s Libra could be regulated by the SEC: The US Congress draft bill reveals

Facebook is yet to find a regulatory breakthrough for its proposed digital project, Libra. However, if the United States Congress goes ahead with the proposal to draft a bill describing stablecoins, Libra could quickly fall under the wings of the Securities and Exchange Commission.

More Libra News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Nothing to crow about

Bitcoin (BTC) attempted a recovery above $8,400 and resumed the decline into the end of the week.

Read the weekly forecast

BTC

ETH

XRP