Blockchain-as-a-Service - Part 1
Creating and maintaining your own blockchain is a pain. It’s a specialist business to code the software, and you need a whole network of computers running it to secure your network. No surprise, then, that the same approach that has driven cloud services – everything from file storage to running software – has started to appear in the blockchain sector too. The new ‘blockchain-as-a-service’ (BaaS) platforms aim to bring the benefits of blockchain to businesses and organizations that don’t have the resources to create their own.
Microsoft has been spearheading the BaaS approach with Azure, which makes different blockchains available to users. But specific platforms are being designed that will enable anyone to launch their own bespoke blockchain, with its own parameters, on the back of an existing blockchain. You get the functionality you want, just without the hassle of maintaining the network. YAO Network is one such BaaS platform, which aims to bring a ‘cloud computing’ approach to blockchain deployment.
The vision of YAO is a decentralized ecosystem with the use of the integrated concept of BaaS. YAO Network understands that technology remains a key factor in determining a platform’s efficiency. The YAO Network has specially designed a clear, concise and multi-layered technical infrastructure to support its functionality. https://youtu.be/SycZcjzA0ag
Here is a simple illustration to demonstrate what YAO Network embodies in the larger framework:
Like time, technology waits for no man. Blockchain technology has already been gaining rapid traction around the globe and it is only a matter of time before the fourth industrial revolution hits, and with it, the mainstreaming of BaaS platforms like the YAO Network. It’s time to join the BaaS 3.0 revolution!
Interested to find out more? Stay tuned to YAO Network through its social media: