Blockchain as a Service (BaaS) is a blockchain service that allows customers to use cloud-based services to develop their blockchain applications. BaaS includes cloud-based service providers who manage tasks to keep the infrastructure up and running. It serves to accelerate blockchain adoption across various business models.
Businesses and individuals are both willing to implement blockchain technology. However, the technical complexity of creating, operating and maintaining blockchain infrastructure is a barrier to its mass adoption. Blockchain as a Service offers a solution to free enterprises from new technological hurdles.