Wakefield, Mass., – 22 December 2021 – Today, EEA Community Projects announced that SAP has become a sponsor of the initiative in support of the Baseline Protocol project. As a sponsor, SAP joins Accenture, Arca, Chainlink, ConsenSys, the EEA, EY, Ethereum Foundation, Mover, Morpheus Network, Nethermind, Provide, Splunk, and Unibright in providing strategic vision, governance, technical guidance, and financial support for the work.
- Watch the 3-Minute Baseline Explainer Video Little Bit and the Baseline Protocol
“We’re excited to have SAP join the Baseline community, alongside a growing list of global leaders that are sponsoring the Baseline Protocol. SAP’s sponsorship is especially important because baselining is all about security in multi-party processes, and SAP technology is the gold standard in secure information management,” said John Wolpert, ConsenSys Group Executive and Baseline Protocol Technical Steering Committee Chair.
Launched in March of 2020, the Baseline Protocol uses advances in peer-to-peer messaging, zero-knowledge cryptography, and blockchain technology to coordinate complex, confidential workflows between enterprises without moving company data out of traditional systems of record.
“We are thrilled to have SAP join as a sponsor of the EEA Community Projects in support of the Baseline initiative. Hundreds of companies and thousands of individuals are already actively participating in the Baseline initiative because it enables private collaboration between companies without sensitive data going on-chain. As more and more organizations and developers realize the simplicity and security that the Baseline approach offers, the tool will deliver more value to consumer-facing industries through peer-to-peer transactions and services,” said Dan Burnett, EEA Executive Director and EEA Community Projects Governing Board Chair. “We look forward to working with SAP to chart the future of secure multi-party workflows.”
About the Baseline Protocol
The Baseline Protocol is an open source initiative that combines advances in cryptography, messaging, and blockchain to deliver secure and private business processes at low cost using the public Mainnet for event ordering, data consistency and workflow integrity. The protocol will enable confidential and complex collaboration between enterprises without moving any sensitive data from traditional systems of record. The work is governed by the EEA Community Projects, which leverages the strengths of both the Enterprise Ethereum Alliance (EEA)’s and OASIS Open’s leadership role in open and open source Ethereum business standards respectively. For more information about Baseline, visit https://docs.baseline-protocol.org/baseline-protocol/the-baseline-protocol.
SAP’s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
About EEA Community Projects
EEA Community Projects, home to the Baseline Protocol initiative, is a neutral collaboration forum to strengthen Ethereum business development as a whole. Leveraging the strengths of both the Enterprise Ethereum Alliance (EEA)’s and OASIS Open’s leadership role in open and open source Ethereum business standards respectively, the EEA Community Projects enable stakeholders to create high-quality specifications that facilitate Ethereum’s longevity, interoperability, and ease of integration. Sponsors include joins Accenture, Arca, Chainlink, ConsenSys, the EEA, EY, Ethereum Foundation, Mover, Morpheus Network, Nethermind, Provide, Splunk, and Unibright. For more information about EEA Community Projects and sponsorship opportunities, visit https://entethalliance.org/eeacommunityprojects/
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