Blockchain payments with SAP technology It is self-explanatory that a technology as it is of bitcoin shows its influence also in the finance sector. One reason for its popularity could be the demand for real-time transactions on the part of consumers and companies. In addition, traditional business processes and models are threatened by fintechs and start-ups in the financial technology branch. To make aware of these changes, SAP cooperated with ATB Financial (Canada), Ripple, and ReiseBank AG (Germany). The aim was to transfer the first proper international blockchain payment from Canada to Germany. Therefore, ATB Financial transferred CAD $1.000 to ReiseBank. The corresponding network for the transfer based on the SAP technology and on the blockchain company solutions of Ripple. The result was remarkable: it took only twenty seconds to transfer the money whereas via regular banking payment, it would have taken two to six workdays (read more here). Apart from the development in the financial sector, SAP works on establishing blockchain in e-commerce and in the context of personal data, too. #Asambe #personaldevelopment #invest #personalgrowth #empoweringwomen #bitcoin #crypto #businessowner #money #entrepreneurship #luxury #usdt #xrp #litecoin #dash #ethereum #mlm