San Francisco software giant Saleforce gave blockchain technology a ringing endorsement today at TrailheaDX, its fourth annual developer conference. There, it Salesforce Blockchain, a low-code platform that lets companies create blockchain networks, workflows, and apps that facilitate the sharing of verified, distributed data sets across partner and third-party networks.
As president and chief product officer Bret Taylor explained during a conference call with reporters, blockchain delivers a distributed ledger that saves, traces, and authenticates data across decentralized network nodes, ensuring the integrity of transactions. It has its origins in cryptocurrency, but blockchain’s in recent years been applied to asset tracking, credentialing, and the verification of goods and services.
predicts that blockchain will result in $176 billion in added business value by 2025, and $3.1