Salesforce announces Hyperledger Sawtooth-based blockchain platform

Cloud software giant Salesforce has announced its own blockchain platform built on the Hyperledger Sawtooth platform, the company announced at its tech conference TrailheaDX.

Powered by Salesforce Lightning, the new platform, called Salesforce Blockchain, will help extend the power of client relations management (CRM). The firm describes the platform as:

“A new, low-code blockchain platform connected to CRM so organizations can securely collaborate and share data across third parties.”

The “low-code” capability will enable users to build and maintain blockchain networks, apps and smart contracts and “create and share a blockchain object in the same process as any CRM data object—with clicks, not code.”

“We help companies build for the future by making breakthrough technology accessible and easy to use—today we are doing just that with Salesforce Blockchain,” said Bret Taylor, President and Chief Product Officer, Salesforce. “Now, companies will be able to create new ecosystems and achieve new levels of interconnectivity through trusted partner networks.”

In addition to allowing building networks with clicks, the platform will also help automate various processes through “artificial intelligence algorithms that integrate blockchain data into sales forecasts, predictions and more.”

In addition, Salesforce Blockchain will allow companies to pull in APIs, pre-built apps and integrate any existing blockchains with Salesforce. It would make it easy for companies to interact with and add third parties to their blockchain with a few clicks and a simple authentication.

According to the press release, a number of entities have started trialing the platform including Arizona State University, IQVIA, and S&P Global Ratings.

Salesforce said that it expects to publicly launch the platform in 2020.

Earlier this month, Hyperledger announced Aries – a shared infrastructure of tools that will enable the exchange of blockchain-based data, support peer-to-peer messaging, and facilitate interoperable interaction between different blockchains and other distributed ledger technologies (DLTs).