Emerging Technologies in Computing. Second International Conference, iCETiC 2019, London, UK, August 19–20, 2019, Proceedings

Research Article

Performance Analytical Comparison of Blockchain-as-a-Service (BaaS) Platforms

  • @INPROCEEDINGS{10.1007/978-3-030-23943-5_1,
        author={Md Onik and Mahdi Miraz},
        title={Performance Analytical Comparison of Blockchain-as-a-Service (BaaS) Platforms},
        proceedings={Emerging Technologies in Computing. Second International Conference, iCETiC 2019, London, UK, August 19--20, 2019, Proceedings},
        proceedings_a={ICETIC},
        year={2019},
        month={7},
        keywords={Atomic swap Blockchain Blockchain-as-a-Service BaaS Cloud computing Distributed ledger technology DLT Lightning network},
        doi={10.1007/978-3-030-23943-5_1}
    }
    
  • Md Onik
    Mahdi Miraz
    Year: 2019
    Performance Analytical Comparison of Blockchain-as-a-Service (BaaS) Platforms
    ICETIC
    Springer
    DOI: 10.1007/978-3-030-23943-5_1
Md Onik1,*, Mahdi Miraz,*
  • 1: Inje University
*Contact email: hassan@oasis.inje.ac.kr, m.miraz@ieee.org

Abstract

Both blockchain technologies and cloud computing are contemporary emerging technologies. While the application of Blockchain technologies is being spread beyond cryptocurrency, cloud computing is also seeing a paradigm shift to meet the needs of the 4 industrial revolution (Industry 4.0). New technological advancement, especially by the fusion of these two, such as Blockchain-as-a-Service (BaaS), is considered to be able to significantly generate values to the enterprises. This article surveys the current status of BaaS in terms of technological development, applications, market potentials and so forth. An evaluative judgement, comparing amongst various BaaS platforms, has been presented, along with the trajectory of adoption, challenges and risk factors. Finally, the study suggests standardisation of available BaaS platforms.