2018 BaaS Industry Research Report
[This article was updated on November 29, 2018 on tuoniaox.com] Preface According to relevant forecasts, the blockchain BaaS market will exceed $30 billion by 2024. From 2017 to 2018, a large number of BaaS applications emerged, including giants like Google, Alibaba, and Tencent. BaaS has gradually become the standard approach for internet giants to enter the blockchain field. On the other hand, companies in the blockchain vertical sector have also leveraged their existing advantages to enter this field, gradually forming a competitive landscape where internet giants and blockchain vertical companies coexist in the BaaS sector. The ChainTA Blockdata research team conducted in-depth research on existing BaaS applications and found that current BaaS applications share the following characteristics: 1. The scenarios they target are mostly finance, traceability, and supply chain. 2. Most support the Hyperledger Fabric system. 3. Project development is in early stages with few landing applications. 4. Currently, most operate in a To B model. The ChainTA Blockdata research team believes the BaaS industry faces the following development trends and challenges. Future development trends: The market prospects are relatively broad with rapid development; coexistence of multiple oligarchs and vertical BaaS development; small technical differences with products and services as distinguishing features; BaaS nodes still have some distance to go before true decentralization. Challenges facing the BaaS industry: Significant regulatory risks exist; technical difficulties remain with performance needing improvement; landing applications face significant challenges. Click image to view more project information Click image to view more project information Click image to view more project information Click image to view more project information Click image to view more project information Click image to view more project information Click image to view more project information Source: ChainTA Think Tank (ID: liantazhiku) --- With authorization from the editor-in-chief, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward.
[This article was updated on November 29, 2018 on tuoniaox.com]
Preface
According to relevant forecasts, the blockchain BaaS market will exceed $30 billion by 2024.
From 2017 to 2018, a large number of BaaS applications emerged, including giants like Google, Alibaba, and Tencent.
BaaS has gradually become the standard approach for internet giants to enter the blockchain field. On the other hand, companies in the blockchain vertical sector have also leveraged their existing advantages to enter this field, gradually forming a competitive landscape where internet giants and blockchain vertical companies coexist in the BaaS sector.
The ChainTA Blockdata research team conducted in-depth research on existing BaaS applications and found that current BaaS applications share the following characteristics:
1. The scenarios they target are mostly finance, traceability, and supply chain.
2. Most support the Hyperledger Fabric system.
3. Project development is in early stages with few landing applications.
4. Currently, most operate in a To B model.
The ChainTA Blockdata research team believes the BaaS industry faces the following development trends and challenges.
Future development trends: The market prospects are relatively broad with rapid development; coexistence of multiple oligarchs and vertical BaaS development; small technical differences with products and services as distinguishing features; BaaS nodes still have some distance to go before true decentralization. Challenges facing the BaaS industry: Significant regulatory risks exist; technical difficulties remain with performance needing improvement; landing applications face significant challenges.
Click image to view more project information
Click image to view more project information
Click image to view more project information
Click image to view more project information
Click image to view more project information
Click image to view more project information
Click image to view more project information
Source: ChainTA Think Tank (ID: liantazhiku)
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With authorization from the editor-in-chief, all content from tuoniaox.com has been migrated to hashspring.com, and will continue to be published on hashspring.com going forward.