The digital economy is immersed in the boom of the “as a service” concept. The as-a-service tagline appears more and more frequently in the specialized media as a reflection of a trend that is radically transforming the way in which companies and organizations manage their technological needs. Who, in recent times, has not come across terms like Infrastructure as a Service (IaaS), Platform as a Service (PaaS) or Software as a Service (SaaS)? These are different modalities of contracting computer blockchain development service to third parties, and implies that the client corporation stops managing them on its own, and delegates them to a specialized provider.
Probably the best known and most widespread is the software as a service format , since it is widely used by companies, but also by individuals, when we make use of network storage resources -such as Google Drive or Dropbox-, and tools, such as email -Gmail- or an online work suite such as Microsoft’s Office 365. Something more complex is the concept of infrastructure as a service , in which the client pays to have the resources -servers, storage space- and is responsible for the management and administration of its infrastructure, as is the case with Amazon Web Services (AWS) or Microsoft Azure. In the latter case, in the platform as a service, what is offered is a platform for the development of applications of which the client has no control over the management or maintenance. An example of this is Google App Engine, where developers can create their applications in Java or Python.
But the use of the cloud and platforms has spread much further, to fields such as mobility within cities, with solutions called Mobility as a Service (MaaS), and even cybercrime, where malware as a service — which in English it shares an acrostic with the previous one-, it puts in the hands of anyone a complete kit to carry out successful cyberattacks. And now comes the blockchain-as-a-service , the blockchain as a service, an option that offers any company or institution the ability to have solutions based on distributed registries, without the need to make costly investments in their own technological developments. This is an approach that could help broaden the adoption of blockchain and standardize its use across organizations.
A promising future
Despite being an emerging technology that is not always well understood, the penetration of blockchain is advancing steadily. According to data published by IDC, in Europe this market is expected to grow by 47% between 2020 and 2024, exceeding 4 billion euros. Although blockchains have taken off especially in the financial sector, other types of activities are expected to participate in this significant growth, such as distribution, logistics and other services, as well as manufacturing. In this way, predictions establish that 17% of organizations in the logistics sector will partner with service companies in 2025 in order to integrate blockchain with Internet of Things platforms and thus be able to record the data exchanged in M2M communications. .
What is it really for?
One of the challenges facing the future of blockchain development company is getting its usefulness and potential understood within an organization. It is nothing more than a technology that allows having a system of records distributed through the network -that is, not locked in a centralized database-, which allows all the members participating in said network to see the transactions they have place in it. The privacy of the system is complete, since all transactions are reliable, authenticated, and can be verified at any time. In addition, blockchains allow for smart contracts, that is, transactions or milestones that are recorded automatically, without human intervention, once a certain condition specified in advance occurs.
Although generally when hearing about blockchain the first thing that comes to mind in Bitcoin and the world of cryptocurrencies, the truth is that the fields of application of this technology are very wide and, in addition, they do not stop growing. Logistics is an activity in which blockchains can provide real-time and accurate information about where each component of a supply chain is. An example of this use case is BAWS ( Blockchain Automated Warehouse System ) from the company Vestigia, a system that mixes IoT and blockchain to certify the traceability of products through the supply chain.
The verification of digital identity -for example, of users and devices- is another field in which blockchains can provide bsc token generator reliability and security, and projects such as Digitalis, in which partners such as Repsol, Cepsa or MAPFRE are involved, are based on a platform for the creation and management of digital identities of people and organizations, applied to corporate processes. This technology is also applicable in the real estate sector, for example, for the verification of appraisals, such as the service created by ATValor, or to offer all the information in detail and at all times about promotions, such as the Metrovacesa Trust platform.
In the agri-food industry, the certification of origin and quality control of products is very relevant, and, in this sense, Campofrío uses blockchain for the traceability of Navidul Iberian ham, from its origin until it reaches the consumer, and ZenithWings has a solution to guarantee the digital process of wine certification. Likewise, in factories, which are environments based on complex production processes in which many components are involved, distributed registry technologies can provide end-to-end traceability of each of the actions, events and situations that may occur in the production process. manufacturing.
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