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Want to do Blockchain: Can Tech Giants Help?

If you wanted to try out a blockchain solution—can any of the tech giants help you? How?

Blockchain is claimed to revolutionise almost every field whether it is finance, data management or digital identification. The technology is still in its early stage, due to which not a lot people have skills to work with but that should not stop you from leveraging this technology in your enterprise. Fortunately, many tech giants have stepped into the market to provide Blockchain solutions-as-a-service (BaaS) for your business.

Build your own customised blockchain

Now you can get BaaS(Blockchain-as-a-service) to test and build customised blockchain for business applications. Rubix- BaaS by Delloite, allows your team to prototype, test and build customised blockchain as well as smart contract applications for any business. The architecture is designed to be a fully functional private network, which can be managed and administered according to organisation’s need.

The aim of this BaaS is to focus on user experience and business domain. It has various customisable tools and setting specially designed for the enterprise environment. It offers a full stack Ethereum-compliant enterprise infrastructure and a set of GUI tools to build smart contract apps.

Ethereum blockchain as a service

To help customers in building private, public and consortium based blockchain environments on Azure platform, Microsoft teamed up with ConsenSy to offer Ethereum as a service. The solution allows deployment of an Ethereum simulated multi-member network, which consists of a set of load-balanced transaction nodes with which an application or user can interact to submit transactions and a set of mining nodes to record transactions.

Azure allows you to work with several blockchains including Ethereum, Quorum (EEA), Hyperledger Fabric, R3 Corda and Chain Core. Last year, Microsoft also launched Enterprise Smart Contracts which provides users with the schema, logic, counterparties, external sources, ledger, and contract binding for building their own blockchain services.

Blockchain templates for Hyperledger fibre and Ethereum

You can now deploy Ethereum and Hyperledger fabric frameworks using certified Amazon Web Services (AWS) CloudFormation templates. These templates allow you to deploy the blockchain framework of your choice as containers on an Amazon Elastic Container Service (ECS) cluster, or directly on an EC2 instance running Docker.

The blockchain network is in customers Amazon VPC, which allows one to use their VPC subnets and network Access Control Lists. Moreover, the user can assign granular permissions using AWS IAM to restrict which resources an Amazon ECS cluster or Amazon EC2 instance can access.

Platform for multi-institutional business network

The blockchain platform offered by IBM leverages Hyperledger Fabric to offer full stack BaaS through the IBM cloud, which allows members to develop, govern and operate a network with security. The platform allows you to write smart contracts in popular languages like Java or Golang. Moreover, it allows the user to specify who can view contact and who can execute them.

The projects on the network are incubated from experimental proofs of concepts all the way to distributed multi-party production networks.

Cloud Service for building smart contracts

The blockchain Cloud Service by Oracle offers a pre-assembled platform for building and running smart contracts as well as maintaining tamper-proof distributed ledger. The platform also has an Applications Integration toolkit, which provides applications, sample code, templates and design patterns accelerating the integration of blockchain applications to Oracle SaaS and on-premises application suites.

Oracle is not providing business network rather it is offering blockchain cloud platform that can be used by customers and partners to create consortiums and business networks.

Hyperledger based Cloud Service

Leonardo, Hyperledger Based BaaS by SAP features blockchain Cloud Service, machine learning and Internet of things (IoT) as a single ecosystem. This fusion of technology offers the ability to automatically order new parts or consumables in business supply chain connected to IoT. Artificial Intelligence allows the automation of procedure and blockchain is used to deploy smart contracts. The platform offers cloud deployment and allows the user to built and test blockchain application and smart contracts. In addition to that, it allows the user to develop blockchain extensions for existing applications.

The perfect world of blockchain isn’t perfect yet as the decentralisation is still a new concept. But the availability of BaaS will surely allow a lot of companies to work with the emerging technology without putting too much at risk.

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