Technology giant Hewlett Packard Enterprise will launch new blockchain product in 2018. This is reported by the CoinDesk.
The initial idea comes months after customers of the company began software solutions built around the blockchain. By using the distributed ledger startup R3's Corda platform as an underlying basis, HPE is planning to offer services around payments and identity, among others. The two companies announced their partnership in June.
The product named the "Mission Critical Distributed Ledger Technology" is being announced to enterprises as an addition of cloud-based services. It's also the first of what HPE indicated will be a number of product offerings that utilize blockchain.
Enterprises interested in blockchain are realizing that public cloud alone does not always meet their non-functional requirements.
Blockchain director, Hewlett Packard Enterprise
According to Fortune, HPE has already sold some versions of their produced privately to financial services companies.
Exact launch date wasn't set, but HPE indicated that it would come in "early 2018."