Blockchain As A Service
The V2 BlaaS is a cross-cloud, cross-portal, cross-framework infrastructure used to deploy and operate all types of
The aim is to change the existing problem of the high cost of developing and deploying blockchain applications by,
just like the internet, providing public resource and interoperability environments to developers. This greatly
reduces costs associated with the development, deployment, operations, maintenance and regulation of blockchain
applications and, thereby, will accelerate the development and universal adaptation of blockchain technology.
Today‘s Blockchain Challenges
Blockchain development, deployment, and management is expensive and complicated
Blockchains typically run separately on different servers or clouds
Many different underlying structures and frameworks create incompatibility
Experienced blockchain developers in short supply
Purchase BlaaS Resources
Create Projects and Keys for Connecting to Public Chain nodes
Manage Permissioned Chains
Update Smart Contracts
Manage Off-Chain System Access
Access Interchain Services
- Operation & Maintenance
- Developer Cross-chain Training & Development
- Dapp Contract Development & Deployment
- Developer Framework Training
- Cloud Resource
- 45% overall annual cost savings
- 66% cost savings in developer training and operations/maintenance
- 89% cost savings in cross-chain services development
- 20 permissioned Dapps on intranet with one public chain node and one shared permissioned node
- Each Dapp/chain has three peer nodes
- Dapps developed and deployed on Fabric (5), Quorum (7), and Corda (8)
- Dapp configurations: TPS = 10, disk capacity = 500G, identical data usage across both scenarios
BlaaS Use Cases
Supply Chain Finance
Supply Chain Management
Internet of Things
Agricultural Product Traceability
Benefits BlaaS to Business
Enables trust between participants who don’t know each other.
2. Decentralized structure
Enables real-time data sharing among businesses like suppliers and distributors while reducing points of weakness.
3. Improved security and privacy
Creates and unalterable record of transaction with end-to-end encryption, which reduces fraud and unauthorized activity.
4. Reduced costs
Creates efficiencies by reducing manual tasks such as aggregating and amending data and by easing reporting and auditing.
Eliminates intermediaries so transactions are handled faster than conventional methods.
6. Visibility and traceability
Tracks the origins of a variety of items, such as medicines, to confirm they are legitimate instead of counterfeit and organic items to confirm they’re indeed organic.
Ensures transactions can’t be changed or deleted.
8. Individual control of data
Gives entities the ability to decide what digital data they want to share, with whom and for how long, with limits enforced by smart contracts.
Converts value of an asset into a digital token recorded and shared via blockchain, Non-fungible tokens are used to sell digital art.
Leaders across multiple industries are exploring and implementing blockchain-based systems to solve intractable problems and improve long-standing cumbersome practices, such as verifying the info on a job resume.
Blockchain in Enterprise
Blockchain and other Distributed Ledger Technologies (DLTs) represent the next-generation infrastructure for the internet, enabling trust and transparency in a decentralized but controllable way
Materials provenance, asset tracking, quality assurance
Renewable energy certificates tracking, immutable record of mineral rights
Simpler and faster claims management, reduced administrative costs
Improved transparency, traceability, and fraud mitigation
Verification and transfer of financial information and assets
Unified patient data, drug traceability, and data security
Better inventory management, faster settlements, and less paperwork
Streamlined and secure public record-keeping and verification functions
Wide Array of Blockchain Use Cases Beyond Digital Currencies and Payments
Significant Blockchain Spending Growth in the Enterprise
Khobar office (Headquarters)
Khobar Mall Office 318 Khobar, Eastern Province 31952, Saudi Arabia
Phone: +966 920008514
Fax: +966 13 887 7240
King Abdul Aziz Road, Spring District, opposite Kingdom Schools, next to Riyadh Bank, 2nd floor, Office 16, Riyadh, Saudi Arabia
Phone: +966 112251651
Fax: +966 13 887 7240