Minsheng Bank's blockchain cloud platform goes online

1. In many cases of blockchain commercial application, we can always see the word baas. Baas is the abbreviation of blockchain as a service, which is translated into "blockchain as a service" in Chinese. So what is blockchain as a service baas? With this question, we will follow Xiao Wang of Renren blockchain technology team to discuss it carefully
according to Xiao Wang, the concept of blockchain as a service (baas) is mainly proposed by Microsoft and IBM. To put it bluntly, it is actually a new type of cloud service, a cloud service combined with blockchain technology. For example, Microsoft's azure cloud computing platform and IBM's bluemix garage cloud platform all provide blockchain as a service baas
blockchain as a service (baas) is a space created by enterprises such as Microsoft and IBM from their own cloud service network to run a blockchain node. Compared with ordinary nodes and exchange nodes, the main purpose of baas nodes is to quickly establish the development environment they need, and provide a series of operation services based on blockchain, such as search query, transaction submission, data analysis, etc. these services can be centralized or decentralized to help developers verify their concepts and models faster. The service of baas node is reflected in: it is more instrumental and easy to create, deploy, run and monitor blockchain.

2. There are few real baas that have been approved by the state. At present, the mainstream platforms are Tencent's tbaas, Jingdong Zhizhen chain jdchain, ant blockchain baas, Rongze's rbaas, network's Intelligent Cloud and Huawei's cloud BCS. Among them, the top four baas platforms are teams that have been researching and developing blockchain technology for several years, R & D capabilities are very strong.

3. Like IAAs, PAAS and other concepts, baas tends to be within the scope of public cloud, while enterprise services need to consider more customized requirements. Based on the practical experience of enterprise users for many years, chainnova is starting to build solutions from two aspects: public cloud and hybrid cloud (Enterprise Cloud Service). At present, with AWS and other well-known cloud service providers at home and abroad, we are ready to launch systematic service solutions, hoping to bring more flexible, more perfect and more powerful technical capabilities to customers. The purpose of building such a blockchain technology capability platform is, of course, to help customers solve problems better. In the financial field, chainnova is cooperating with instry leaders such as IBM to create end-to-end instry solutions with the help of their rich experience in financial instry scenarios.

4. It should be a cloud service solution combined with blockchain technology. It is also a systematic service solution launched by some well-known service providers in China. It has the ability to build such baas platform based on the underlying technology of blockchain, such as Tencent tbaas, network intelligent cloud and Jiangsu Rongze rbaas.

5. Yes, blockchain is a new distributed infrastructure and computing method that uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data, Self development costs are high, you can find related service providers, such as: Renren chain

6. Absolute privacy encryption means that the addresses of both sender and receiver can not be identified and tracked, the content of the transaction is fully protected, the user's privacy is absolutely protected, but it also increases the chance of abuse by criminals. In reality, in order to meet the regulatory requirements of enterprises, especially the financial system, cryptocurrency, which has complete privacy for the public and indivials, and accountability privacy for regulatory and audit institutions, will graally become the mainstream. Abe / Abbey coin has the ability of different privacy levels, which can meet the needs of indivials in terms of privacy, as well as regulatory or corporate accountability.