Cloud Giant Salesforce Unveils First Blockchain Product for Business

Salesforce, the leading provider of cloud solutions for business management, revealed its own blockchain solution today built on the Hyperledger Sawtooth platform.

Executives made the announcement at the company's tech conference, TrailheaDX. The product, named Salesforce Blockchain, is "a low-code blockchain platform that extends the power of CRM." The company says that the solution helps users build and maintain blockchain networks, apps and smart contracts, allowing them to "Create and share blockchain objects in the same process as any CRM data object - with clicks, not code," according to Salesforce's press release.

The solution also helps integrate blockchain data into sales forecasts and predictions, integrate other existing blockchains with Salesforce, and "Add third parties to their blockchain with a few clicks," the company said.

While currently only selected clients are able to try out Salesforce's blockchain solution, it should be generally available in 2020, the company said.

Salesforce first announced its blockchain plans at TrailheaDX a year ago when the company's CEO Marc Benioff told Business Insider he had been thinking about the idea since the World Economic Forum in Davos that January.

Earlier, Salesforce partnered with the blockchain startup Dapps.

Ai, which in May 2017 announced the release of a product allowing users to integrate the Salesforce system with the Hyperledger, ethereum and bitcoin blockchains, Ledger Insights reported.

This April, Salesforce announced that it had joined the Blockchain Research Institute, the global blockchain think tank with participants like Microsoft, IBM, the Bank of Canada, PepsiCo, Raiffeisen Bank, Polymath and others.

In November, Salesforce secured a patent for a blockchain system designed to filter spam and check if emails are changed or otherwise tampered with after being sent.

"Used properly, the immutability and distributed nature of the blockchain can make it impossible to modify information once it has been committed to the blockchain," the patent said.