A fast and secure way to buy, sell hold and convert cryptocurrencies

Plus, daily crypto analysis and news.

Alibaba Cloud expands BaaS to US, Europe and SE Asia

"We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation"

Alibaba Cloud has announced it has extended its Blockchain-as-a-Service (BaaS) to the Southeast Asia, the United States and European markets.

“Our customers in China have already experienced the benefits from our BaaS platform, and we are excited to extend this service to other enterprise customers all over the world,” says Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service.

“Alibaba Cloud is also the first blockchain service provider of Intel SGX security technology. We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.”

The Alibaba BaaS supports a wide array of use cases, including automatic deployment, consortium blockchain management, smart contracts, user and certificate management, software development kit (SDK) applications, and monitoring, operating, and maintenance functions. It also supports both Java SDK and Node.js SDK and has built-in security capabilities.

The competition

Alibaba’s BaaS is competing in the market alongside IBM, Microsoft, Amazon and Oracle.

Hyperledger Executive Director, Brian Behlendorf, says: “We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric, as we’ve already seen many Hyperledger use cases in production this year. Together with Alibaba Cloud, we look forward to bringing more exciting innovations to the global blockchain communities”.

 

Related Articles

SingularityNET integrates PayPal

Decentralised AI technology firm SingularityNET has integrated PayPal into its blockchain-based artificial intelligence marketplace. In a press release shared with Coin Rivet, the SingularityNET Foundation claims the move represents...