Application Security

The Top 7 Blockchain-As-A-Service Solutions

Blockchain-as-a-Service (BaaS) solutions offer cloud-based platforms for developing, testing, and deploying blockchain applications, streamlining the adoption of blockchain technology.

The Top 7 Blockchain-As-A-Service Solutions include:
  • 1. Alchemy Enterprise
  • 2. Amazon Managed Blockchain
  • 3. Chainstack Hosting
  • 4. ConsenSys Quorum
  • 5. IBM Blockchain
  • 6. Kaleida Blockchain as a Service
  • 7. Oracle Blockchain Platform Cloud Service

Blockchain-as-a-Service (BaaS) are cloud solutions that provide managed blockchain functionality to organizations. These solutions provide management and infrastructure for blockchain applications that run critical back-end operations, similar to other cloud hosted SaaS applications. BaaS solutions are a relatively new category of products, but are quickly growing in popularity as a way for organizations to quickly adopt and build blockchain applications.  BaaS solutions simplify the process of adopting blockchain for organizations of all sizes, particularly those that have limited expertise in the blockchain ecosystem.

Using a BaaS solution is often much quicker and more cost effective than building and operating a blockchain application from the ground up. As they are cloud-based tools, they can be very quickly deployed, and the Software-as-a-Service (SaaS) business model means that teams can easily manage payments and track costs. The technical complexity around blockchain is that there is a high barrier for organizations looking to invest in blockchain technologies, either for tracking cryptocurrency transactions or other use cases. BaaS is making blockchain far more accessible to organizations of all sizes and skillsets. BaaS providers offer the tools, support, and resources needed to create, maintain, and scale blockchain networks with ease.

As the demand for blockchain applications continues to increase, the BaaS market is becoming more competitive. In this article we’ll outline some of the top blockchain services available today, considering key features such as architecture management, app building, and managed services to help you compare BaaS solutions. This list will be regularly updated as new products come to market and the current leaders consolidate their offerings.

Alchemy Logo

Alchemy Enterprise is a developer platform that enables businesses to create scalable and reliable decentralized applications, without the need for managing blockchain infrastructure in-house. As a leader in web3 infrastructure, Alchemy offers a fast, reliable, and scalable solution, and is designed for easy integration.

The platform provides enterprise-grade security, including Single Sign-On and Key Management Service, Transport Layer Security, and partnerships with SOC II certified cloud providers. With 99.99% uptime, Alchemy ensures that web3 applications remain available to users, while its elastic systems guarantee scalability as businesses grow.

Alchemy’s platform supports numerous web3 verticals including NFTs, decentralized finance, gaming, and infrastructure; this helps companies to save development time and resources. This service also includes a dedicated web3 team available around the clock and educational resources such as Alchemy University, helping web2 developers become proficient web3 engineers.

Alchemy Logo
AWS Logo

Amazon Managed Blockchain is a fully managed service designed to help businesses build resilient Web3 applications on both public and private blockchains. It allows users to focus on innovation and speed to market by providing reliable blockchain APIs and eliminating the need for specialized infrastructure. Amazon Managed Blockchain currently supports Ethereum, Polygon (Preview), Bitcoin, and Hyperledger Fabric blockchains.

The platform offers instant and serverless access to multiple blockchains through AMB Access. Users can build their Web3-ready applications without worrying about deploying specialized blockchain infrastructure and maintaining connections to the blockchain network. With AMB Query, developers can access real-time and historical data from multiple blockchains using user-friendly APIs, which can be easily integrated with AWS services without requiring any additional infrastructure or ETL processes. This feature securely scales for both institutional-grade and mainstream consumer application builds.

Amazon Managed Blockchain enables various use cases, such as creating token-gated experiences and building digital asset wallets. For example, developers can retrieve users’ historical token balances using standardized APIs to verify event tickets and non-fungible tokens (NFTs). Additionally, businesses can implement multichain digital asset wallets by leveraging developer-friendly APIs to populate transaction histories, along with fully managed public blockchain nodes to broadcast transactions.

AWS Logo
Chainstack Logo

Chainstack offers flexible hosting solutions for businesses looking to deploy and manage blockchain nodes easily and efficiently. The company provides three primary solutions: Chainstack-managed, Chainstack Cloud, and Hybrid hosting.

The Chainstack-managed solution is a fully-managed Blockchain-as-a-Service, offering an intuitive UI, access to the latest features, and guaranteed platform performance and uptime. This option is well-suited for businesses that require comprehensive functionality, without having to host or manage any software components themselves. For those seeking robust cloud infrastructure, Chainstack Cloud provides powerful node deployment and exceptional performance for resource-heavy operations. This solution is perfectly designed for DeFi, GameFi, and NFT applications.

The Hybrid hosting option allows businesses the freedom to select which components of the Chainstack infrastructure they want to manage and operate themselves, with Chainstack handling the rest. This approach is ideal for users who are concerned about the self-sovereignty of nodes, keys, and infrastructure but do not want to build their orchestration tools.

Chainstack Logo
Consensys Logo

ConsenSys Quorum is an open-source blockchain platform designed for businesses and is built on Ethereum. With a focus on high-value enterprise applications, Quorum allows companies to utilize its protocol layer and product modules from various sources to create high-performance, customizable solutions.

Quorum is trusted by numerous leading organizations and offers versatile use case flexibility, catering to a range of industries such as real estate, syndicated loans, and digital currencies. The platform supports both public and private networks and ensures strong privacy as private data is encrypted and never broadcast to network participants. Additionally, Quorum allows businesses to manage user onboarding and assign varying access permissions using its smart contract-based model.

Performance is a key focus, with Quorum accommodating the needs of Enterprise Ethereum deployments. It can handle high transaction volumes on private networks, alongside ensuring stability and finality through the Inter-Broker Fabric Transmission (IBFT) protocol. The ConsenSys Partner Program also enables companies to grow their businesses on Ethereum with the help of a variety of services, solutions, and expertise from the leading blockchain infrastructure provider, ConsenSys.

Consensys Logo
IBM Logo

IBM Blockchain provides distributed ledger technology and enterprise blockchain solutions for various industries, enabling trusted data exchange and workflow automation. IBM Blockchain aims to facilitate operational agility, connectivity, and new revenue streams through trusted data exchange and automation.

IBM Blockchain offers several benefits, including operational agility and speed to value, cost education and risk mitigation, and new monetization opportunities. By optimizing multiparty workflows with permissioned data, blockchain applications accelerate performance across the value chain. Streamlined shared processes increase accountability, minimize disputes, and automate reconciliation tasks. Additionally, smart contracts support product authenticity and help open new marketplaces with asset tokenization.

IBM Blockchain is suitable for various industries such as banking and financial services, healthcare and life sciences, and government applications. It aims to create trust across different sectors by solving data integrity challenges, reducing friction, and promoting innovation through collaboration.

IBM Logo
Kaleido Logo

Kaleido is a leading Blockchain-as-a-Service (BaaS) provider, offering a platform for businesses to develop and maintain blockchain applications efficiently. By providing cloud-based infrastructure and management tools, Kaleido ensures businesses can focus on their core operations, while it manages the backend processes. The platform can launch customizable blockchain networks within minutes, supporting a variety of cloud properties, geographic regions, and protocols.

Kaleido further enhances the user experience with its full-stack of plug-and-play services, including tokens, wallets, key management, storage, and collaboration. With its enterprise-grade infrastructure, the platform is designed to meet the highest industry standards, offering SOC 2 compliance, built-in HA/DR with automatic failover, secure network isolation, SLAs, and dedicated support options. In addition, Kaleido also supports the Hyperledger FireFly open source Supernode, making it easy to manage multiple use cases across public and private chains.

Fulfilling the needs of various industries, including banking, supply chain, government, healthcare, media, and insurance, Kaleido provides a simple, efficient, and secure environment to develop blockchain applications and explore new opportunities.

Kaleido Logo
Oracle Logo

Oracle is a provider of blockchain solutions that aid businesses in streamlining secure collaboration and data sharing among multiple stakeholders in real time. The company offers three primary solutions: Oracle Blockchain Platform Cloud Service, Oracle Blockchain Platform Enterprise Edition, and Intelligent Track and Trace, a SaaS application for supply chain management.

The Oracle Blockchain Platform enables easy creation of permissioned, multiparty networks and integrates seamlessly with back-office applications. Its API gateway supports REST APIs, event subscriptions with callbacks, and custom user enrollments. Oracle’s offerings also permit thorough customization in selecting cloud, on-premises, or hybrid deployments, and provides interoperability with other Hyperledger Fabric nodes.

Several features of Oracle’s blockchain solutions include built-in identity management and governance, on-chain access control, enhanced performance, dynamic scale-out, and analytics integration. Oracle provides a rich set of DevOps APIs, intuitive operations UI, managed zero-downtime patching and upgrades, and dynamic scale-out for growing workloads. These solutions can help reduce friction between multiple parties, securely share decentralized records, reduce paper-based processes, and authenticate the provenance of products and materials.

Oracle Logo
The Top Blockchain-As-A-Service Solutions