SAP supports wasl’s blockchain innovations

The ‘Live Real Estate on Blockchain’ initiative aimed at transforming Dubai’s real estate sector

Tags: SAPSAP Middle East and North Africa
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SAP supports wasl’s blockchain innovations The 'Live Real Estate on Blockchain' concept has been developed in partnership between wasl and the Co-Innovation Lab at SAP.
By  Manda Banda Published  November 2, 2017

Business software vendor SAP, has revealed it is supporting wasl Asset Management Group's new blockchain technology, which will provide faster, easier and more trusted real estate processes that will transform the sector.

The "Live Real Estate on Blockchain" concept has been developed in partnership between wasl and the Co-Innovation Lab at SAP.

According to the two companies, Live Real Estate on Blockchain connects tenants, service contractors, and property building managers on the SAP Leonardo digital innovation system, with the potential to add additional public and private sector players.

Live Real Estate on Blockchain can connect with the Internet of Things (IoT), artificial intelligence and machine learning. The concept is custom-built for the SAP Cloud Platform SDK for Apple iOS.

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