Blockchain as a service

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Blockchain as a service (BaaS) is an enterprise-level software service [1] that allows businesses to use cloud-based solutions to build, host and use their own blockchain apps, smart contracts and functions on the blockchain infrastructure developed by a vendor. Just like the growing trend of using software-as-a-service (SaaS) [2] [ self-published source? ] where access to the software is provided on a subscription basis, BaaS provides a business with access to a blockchain network of its desired configuration without the business having to develop their own blockchain and build in-house expertise on the subject. [3] [ self-published source? ]

Currently major blockchain-as-a-service providers are major cloud services providers and consulting firms, including:

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References

  1. Baalamurugan, K. M.; Kumar, S. Rakesh; Kumar, Abhishek; Kumar, Vishal; Padmanaban, Sanjeevikumar (2021-08-12). Blockchain Security in Cloud Computing. Springer Nature. ISBN   978-3-030-70501-5.
  2. Grant, Mitchell; Kenton, Will. "Understanding Software-as-a-Service (SaaS)". Investopedia . Retrieved 2019-09-30.
  3. Frankenfield, Jake. "Blockchain-as-a-Service (BaaS)". Investopedia . Retrieved 2019-09-30.
  4. Clarke, Laurie (2019-05-30). "Best Blockchain-as-a-Service Options". Computerworld. Retrieved 2019-10-02.[ permanent dead link ]