BAAS

Blockchain as a service


The blockchain is a distributed ledger of transactions encrypted using cryptography and linked together in batches which are further signed with cryptographic keys to form a block. Using the secure cryptographic algorithms like Merkel tree and chain of these cryptographically signed blocks is referred to as Blockchain. An Infrastructure that is composed of many blockchain nodes running and connected together with exposed APIs for requesting new transactions and querying older ones is a Blockchain Infrastructure.

Benefits of Blockchain


Blockchain is an underlying networking and storage technology that also helps to decentralize organisations and make them autonomous through smart contracts. The benefits of using a blockchain technology are:

Security

Distributed ledger of cryptographically signed tamper proof transaction records.

Decentralized

Induces autonomous and decentralized processes over central authority based systems.

Consensus

Consensus mechanism for introducing new transactions reducing control

Efficient

Proof of Work, Proof of Stake, PoET, Simplified Byzantine Fault Tolerance

Use Cases


Blockchain is a research oriented technology and it is at an infancy stage right now. Many pundits refer to it as “Internet in 1980’s”. Breakthroughs are happening at very fast rate and it can even become the most robust and invisible backbone of our future internet. Lots of companies have already invested heavily into it like IBM, Microsoft. Startups are coming up with new solutions to the problems from many different fields. The most notable uses cases of a Blockchain system are:

Supply Chains


Inventory management is a huge task and it becomes more complicated when an inventory has to be tracked throughout its entire lifetime. Fishing industry can hugely benefit through blockchain technology that can track a fish from the moment it was hunted till it is served as a dish.

Decentralized Apps


Dapps are popularized by a Blockchain company, Ethereum which also has a coin offering ETH. Ethereum pioneered the concept of smart contracts and was first introduced in chain code language, Solidity, which enables to run logic on a blockchain network. Together smart contracts and decentralization of blockchain ecosystem gave birth to decentralized apps or Dapps. Any android or a web app can be linked to a blockchain network and through available API can request new transactions or query existing ones. This is significant in terms of pushing Blockchain to developers and organization interested to integrate this technology into their own products and services.

Internet of Things


Distributed ledger technology can record the immense amounts of data produced by IoT systems in a trustless fashion and transparently analyze data points to produce valuable insights. Thanks to its identification, verification, and data transfer abilities, blockchain is perfectly suited for hosting IoT devices for both public and private sector use cases.

Identity management


User identification is a challenge across industries and governments. Confirming a true identity of an individual is a complex process and sometimes private companies have to rely on government official documents to validate a positive ID. Using blockchain technology this whole process can be much simplifies and without the need for physical documents a blockchain transaction can be queried to fetch details.

Cryptocurrency


Bitcoin was the first ever cryptocurrency to be built using blockchain technology and it has revolutionized currency transfer across national boundaries, financial trading and also generated a culture of mining your own currency using the compute power of your hardwares. In this world most people are aware of Blockchain only for the various cryptocurrencies they have used or heard of.

Build your blockchain apps


Start building your blockchain apps with smart contracts without worrying about setting up your own infrastructure

Hardwares – Buying and setting up your own hardware for blockchain infrastructure is tough and costly. It gets even harder when you just want to quickly evaluate your idea of new blockchain app. Not only you have to do a full research on type of hardware ideal for blockchain network infrastructure but you have to keep upgrading them or replacing it with newer components regularly increasing both the acquisition and maintenance cost of the hardware. It requires a long term commitment to setup your own hardware infrastructure and seeing the volatility in the blockchain ecosystem this may not be the perfect time to do it.

Cloud Infrastructure Services – Using cloud provider for setting up your blockchain infrastructure is a one extra step than setting up your own hardware infrastructure but it makes more sense for the business who already have invested heavily on cloud providers such as AWS, GCP and Azure. Using cloud provider requires training and expertise on each of them and only dedicated professionals can do it. Some of the best cloud infrastructure services to host private blockchains are not matured enough to handle every possible use case so it is also not a viable option for startups experimenting with blockchain technology. Only few very handful of mainstream startups and organisations who are working on more general use cases of blockchain can best utilize the  cloud providers.

Use managed Blockchain infrastructure


Mitigate your risks and difficulties that running your own blockchain infrastructure can introduce. Blockchain infrastructure it too heavy and requires you to have more manpower to set up and maintain it. Using a managed blockchain as service provider will greatly reduce your extra workload and will let you focus on writing the chain code for your business needs. A managed blockchain infrastructure will provide:

Operate

Setting up and maintenance of your blockchain infrastructure

Access

Access management on your blockchain infrastructure

Cost

Cut down on cost of running a blockchain infrastructure

Validate

Quickly validate your blockchain based prototype applications

Run your Blockchain Business


A managed blockchain infrastructure service to push chain codes, smart contracts and query them using API through your web or mobile apps. Now, you don’t have to worry about purchasing hefty hardwares for your blockchain apps. Also, you don’t have to hunt around for cloud developers and invest heavily on a single cloud provider. We take care all of that for you.

Hassle Free

Run your blockchain network without hassle

Deploy

Push chain codes into your blockchain network

Code

Code smart contracts and deploy in into the network

Develop

Develop distributed web and mobile apps

Maintenance

Avoid worrying about maintenance of your blockchain infrastructure

Validate

Experiments and validate your blockchain business fast

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