Tuesday 31, October 2017 by Jessica Combes

SAP supports wasl’s blockchain innovations to transform Dubai’s real estate sector

 

SAP, a leading digital transformation enabler, has announced its support of 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 technology was showcased by SAP during the recent GITEX Technology Week 2017 in Dubai.

The live real estate on blockchain concept has been developed in partnership between wasl and the Co-Innovation Lab at SAP. 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, artificial intelligence, and machine learning. The concept is custom-built for the SAP Cloud Platform SDK for Apple iOS.