Blockchain As A Service

(BlaaS)

 

The V2 BlaaS is a cross-cloud, cross-portal, cross-framework infrastructure used to deploy and operate all types of
blockchain applications.
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.

Todays 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

Permissioned Blockchains 

Permissionless Blockchains 

Interchain 

Capabilities – 

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

BlaaS Structure

 

  • Operation & Maintenance
  • Developer Cross-chain Training & Development
  • Dapp Contract Development & Deployment
  • Developer Framework Training
  • Cloud Resource

Savings

  • 45% overall annual cost savings
  • 66% cost savings in developer training and operations/maintenance
  • 89% cost savings in cross-chain services development

Scenario

  • 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

Copyright Protection

Procurement

E-Government

Asset Digitalization

Supply Chain Finance

Supply Chain Finance

Supply Chain Management

Internet of Things

Internet of Things

Contract Management

Contract Management

Digital Evidence

Digital Evidence

Agricultural Product Traceability

Agricultural Product Traceability

Healthcare

Healthcare

Non-Profit

Non-Profit

Benefits BlaaS to Business

1. Trust
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.

5. Speed
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.

7. Immutability
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.

9. Tokenization
Converts value of an asset into a digital token recorded and shared via blockchain, Non-fungible tokens are used to sell digital art.

10. Innovation
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

Manufacturing Manufacturing

Materials provenance, asset tracking, quality assurance

Energy

Renewable energy certificates tracking, immutable record of mineral rights

 Insurance

Simpler and faster claims management, reduced administrative costs

 Supply Chain

Improved transparency, traceability, and fraud mitigation

 Finance

Verification and transfer of financial information and assets

Healthcare Healthcare

Unified patient data, drug traceability, and data security

Retail  Retail

Better inventory management, faster settlements, and less paperwork

Government Government

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

Location

Khobar office (Headquarters)

Khobar Mall Office 318 Khobar, Eastern Province 31952, Saudi Arabia

Phone: +966 920008514

Fax: +966 13 887 7240

Riyadh Office

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

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