Blockchain as a Service

Definition ∞ Blockchain as a Service provides third-party cloud-based solutions for organizations to build, host, and operate their own blockchain applications. This offering simplifies the deployment and management of blockchain infrastructure, removing the need for extensive in-house expertise. It allows businesses to access distributed ledger technology without significant upfront investment. BaaS platforms accelerate the adoption of blockchain across various industries.
Context ∞ The primary discussion concerns the scalability and interoperability of BaaS platforms across different blockchain protocols. A significant debate involves balancing customization options with ease of use for enterprise clients. Future developments point towards increased integration with existing cloud services and a wider array of pre-built solutions for specific industry use cases, particularly in supply chain and financial services.