Blockchain applications.īlockchain as a Service is the backbone of blockchain applications. In this article, we’ll explore various platform providers and what differentiates them. What is Blockchain as a Service (BaaS)? What are some of the blockchain platforms that provide BaaS? And more importantly, why is the adoption of Blockchain as a Service among enterprises and traditional developers becoming their preferred foundation. If you’re not already familiar with blockchain, we recommend that you read our in-depth article on the different types of blockchains. For example, Amazon AWS offers templates using Hyperledger or Ethereum for those looking to build on a private or public network respectively. On top of that it enables a faster time to market for testing and launching blockchain applications and smart contracts. BaaS offerings preferred.īaaS is quickly becoming the preferred business model for providers and customers alike as it not only significantly reduces the cost. Additionally, blockchain specific vendors such as ourselves, Dragonchain, also offers BaaS with a host of others making a play as well.

Most of these offerings are geared to sell more cloud services and storage - and therefore possibly missing some key elements necessary to leverage the capabilities of the underlying technology.

BaaS has been embraced by large cloud vendors like AWS, Azure, Microsoft, Alibaba, and Oracle as they look to continue to expand their cloud offerings. This enables developers, entrepreneurs, and enterprises to focus on building applications and coding smart contracts, rather than on the operational aspects of blockchain. Blockchain-as-a-Service providers handle all of the setup and hosting of the blockchain through the cloud. Blockchain as a Service (BaaS) is the fastest way for a start-up or business to get started building blockchain applications.

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