Top 17 Blockchain as a Service Providers
As the adoption of cryptocurrency and blockchain technology rapidly grows, businesses from finance, healthcare, music, and other significant industries adopt Blockchain as a Service (BaaS) to easily leverage the speed, transparency, and security offered by blockchain technology.
Including major cloud service providers AWS, IBM and, Azure, the list contains 17 top Blockchain as a Service providers that help businesses implement blockchain technology.
Blockchain, the most popular type of decentralized/distributed ledger technology (DLT), is a digital database technology that records transactions in a distributed ledger of computer networks to enhance secure, decentralized, and transparent transmission of data.
Since the invention of Bitcoin - a currency built on the blockchain DLT in 2008, blockchain technology has gained massive adoption and leverage by different companies and individuals to make more scalable, secure, and transparent business solutions.
Considering the cost and non-feasibility for companies to build their blockchain from scratch, there is a need for pre-built platforms that allow implementing blockchain products by building business solutions on existing infrastructure, hence adopting blockchain as a service (BaaS).
What is Blockchain-as-a-Service (BaaS)?
Blockchain as a Service (BaaS), like Software as a Service (SaaS), is a blockchain platform installed, hosted, and managed by third-party cloud service providers. BaaS allows businesses to build and host their blockchain applications and smart contracts while using the service provider’s cloud infrastructure.
Adopting Blockchain as a Service saves time and enables businesses to easily leverage blockchain to provide more convenient, reliable, and sophisticated solutions.
Major cloud service providers also provide a managed BaaS service, making it easier for businesses to integrate blockchain in existing cloud services.
Let's look at some of the most popular Blockchain as a Service providers that aid the easy adoption and implementation of blockchain into existing business technology.
IBM Blockchain Platform
IBM Blockchain Platform is a Blockchain-as-a-Service platform offered as part of the robust IBM cloud services. It deploys Hyperledger Fabric - one of the two most popular open-source blockchain frameworks - which provides enterprises with the necessary tools to build, host, deploy, and maintain blockchain-based business solutions.
Oracle Blockchain Cloud Service
Oracle Blockchain Cloud offers a Blockchain-as-a-Service platform built on the Hyperledger Fabric blockchain framework. Oracle’s enterprise BaaS platform provides permissioned blockchain networks that help businesses increase transparency, trust and, transaction agility across their networks.
Kaleido is a multi-cloud blockchain platform that helps clients manage blockchain networks across Amazon Web Services and Microsoft Azure.
Kaleido’s production-ready enterprise Blockchain-as-a-Service platform helps businesses quickly build and manage cloud-based blockchain applications.
Corda is a finance-focused open-source BaaS platform provided by R3, a New York-based blockchain solutions provider. Corda enables companies to enhance financial settlements by making the transactions direct, secure, and private using smart contracts and blockchain technology.
Azure Blockchain Services
As part of Azure cloud services, Microsoft offers a BaaS platform that integrates with other Microsoft services such as Logic Apps and Flow. Azure Blockchain Services allows enterprises to leverage its extensive cloud infrastructure to build, manage and deploy cutting-edge blockchain applications and networks at a large scale.
Dragonchain is a hybrid enterprise BaaS platform that prioritizes data security. It enables enterprises to quickly build scalable blockchain applications that easily integrate with its LMS (Learning Management System), Decentralized Identity, and Anti-Fraud systems to enhance the ease of use, security, and transparency.
Amazon Managed Blockchain
Amazon managed blockchain is an easy-to-use platform that provides AWS Blockchain Templates and other resources that help enterprises to quickly build and deploy highly efficient and scalable blockchain solutions at scale.
Bloq offers various blockchain tools that help businesses build intelligent contracts and blockchain solutions that solve critical business issues like authentication and security. It allows companies to store and manage blockchain applications built on the platform. Individuals or businesses can also personalize bloq’s BaaS platform based on the users’ needs.
HPE Mission-Critical DLT
HPE mission-critical decentralized ledger technology is a BaaS platform that helps enterprises leverage its blockchain tools, and cloud compute power to build blockchain-based business solutions. It integrates explicitly with other BaaS platforms such as Corda to make fast and highly scalable blockchain applications.
Built on Ethereum blockchain, MultiBaaS is a Blockchain-as-a-service product offered by Curvegrid. The platform enables users to build and deploy decentralized applications faster and easier on its blockchain infrastructure.
Alibaba Cloud Blockchain as a Service
Alibaba Cloud Blockchain as a Service is an enterprise BaaS platform built on the Hyperledger Fabric, Quorum, and Ant Blockchain technologies. It integrates with Alibaba Cloud Internet of Things and anti-counterfeiting technologies to build quickly, deploy and manage fast, secure, and highly reliable cloud-based blockchain solutions.
akaChain is an enterprise Hyperledger Fabric-based platform that addresses security, transparency, and trust using blockchain technology. It integrates with Software Development Kits (SDKs) to build business-enhancing blockchain solutions.
Aergo is a hybrid BaaS platform that enables businesses to quickly design, build, and deploy cloud-based blockchain solutions. Aergo is built on Blocko’s Coinstack, a full-featured enterprise-scale Bitcoin blockchain solution.
VMware Blockchain is an enterprise blockchain platform that enables users to build, run and deploy scalable decentralized applications. It integrates with smart contracts and execution interfaces such as DAML Ledger and EVM to build secure and efficient blockchain environments.
Symbiont BaaS platform focuses on building financial transparency and security with its blockchain platform. It provides blockchain services for banks and other fintech companies to build secure, transparent, and scalable cloud-based applications on its platform.
Blockstream creates a secure financial infrastructure for building Bitcoin-based peer-to-peer financial solutions. It provides various products that integrate with its Bitcoin blockchain technology to develop fast and efficient financial services.
Aurachain’s BaaS platform is a low-code blockchain solution that allows you to build scalable and efficient enterprise applications. It helps to develop blockchain solutions with its intuitive and easy-to-use tools rapidly.
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