These days the term blockchain is much in trend. Blockchain as service or BAAS is an offering which let’s customers control the cloud-based solutions to host, build and use their smart contracts, their own blockchain apps and functions on the blockchain while the cloud-based service providers manage all the essential activities and tasks to keep the infrastructure operational and agile. All this is based on works that are similar to the concept of SAAS also known as Software as A Service model.
How does BAAS work?
Baas is an external service provider that sets up all the essential “blockchain infrastructure and technology” free for a customer. While paying for BaaS, a customer pays for blockchain service providers to maintain and setup blockchain nodes on their behalf.
Blockchain service providers handle the complex backend for the clients and their businesses. The BaaS operator works to keep running the infrastructure and artefacts that are blockchain related which includes the support activities like suitable allocation of resources, bandwidth management, hosting requirements as well as providing the security features like prevention of hacking attempts. Using a BaaS model has made it easy for a client to concentrate on the core job of their blockchain instead of worrying about the performance and infrastructure related issues.
Work of blockchain service providers is similar to that of a web-hosting provider. A fantastic website is built that has the capability of getting a million hits per day. A person can run and host the website on his/her own server/computer from office and take care of all the support and maintenance work by his/herself or by hiring support staff. Another hassle-free choice for a person is to host the website on an external web hosting provider and let them take care of all maintenance and infrastructure issues. Functions of Baas is similar to that of the option number 2, that allows a person to on the core functionality of the website, leaving all issues to be resolved by an external web host.
These service providers and growing rapidly all over the world. In fact loads of start-up blockchain companies india are experimenting with Blockchain technology. Big enterprises are considering blockchain technology as a long-term strategy.
Since the existence of all good and bad companies, not all blockchain companies india can deliver high-quality solutions for blockchain. Some reputed firms have ranked a few performers in this domain that help buyers in finding a reliable company. Below listed are a few blockchain technological companies that offer expert blockchain consulting services.
- Solu Lab Inc.
- Leeway Hertz
- Intellect Soft
- Cyber Infrastructure Inc.
- Sphinx Solutions
- Quest Global Technologies
- S – Pro
- 10 Clouds
- Sofocle Technologies
- State Development
However, when it comes to selecting better blockchain service providers in India, one must always be sure about where to seek the services at the best prices available and best service support. Expert advice is always recommended before any technical service investment is made to gain the advantage of this technology.