The cloud computing arm of Chinese e-commerce giant Alibaba has rolled out its Blockchain as a Service offering in Southeast Asia, the U.S., and Europe, according to Digital News Asia.
Alibaba Cloud’s BaaS is based on two blockchain platforms – Hyperledger Fabric and Ant Blockchain – and is guarded by a “trusted computing and a secure consortium blockchain network” that helps customers build BaaS applications in a safe environment.
It supports an array of apps, such as smart contracts, automatic deployment, and consortium blockchain management, and it also handles operations like monitoring and maintenance functions.
“We pride ourselves as the trust infrastructure for business which empowers many innovations across all industries. 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.”
“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,” said Yi Li, senior staff engineer and lead of Alibaba Cloud Blockchain Service.