Blockchain and enterprise cooperation
according to Xiao Wang, the concept of blockchain as a service (baas) is mainly proposed by Microsoft and IBM. To put it bluntly, it is actually a new type of cloud service, a cloud service combined with blockchain technology. For example, Microsoft's azure cloud computing platform and IBM's bluemix garage cloud platform all provide blockchain as a service baas
blockchain as a service (baas) is a space created by enterprises such as Microsoft and IBM from their own cloud service network to run a blockchain node. Compared with ordinary nodes and exchange nodes, the main purpose of baas nodes is to quickly establish the development environment they need, and provide a series of operation services based on blockchain, such as search query, transaction submission, data analysis, etc. these services can be centralized or decentralized to help developers verify their concepts and models faster. The service of baas node is reflected in: it is more instrumental and easy to create, deploy, run and monitor blockchain.
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How can enterprises establish their own blockchain
with the popularity of various currency transactions, the development of the exchange instry has been promoted. As Xiao, who wants to cross instry, how to establish a blockchain exchange development company? Chain soft network summarizes the following points for you
2. Check the country's regulations and compliance requirements
almost all governments require entities involved in currency exchange business to comply with the "know your customer" (KYC) specification. KYC is a process for an enterprise to verify the identity of its customers through the ID card or passport issued by the government. The main purpose here is to prevent money laundering. Ensure compliance with KYC specifications in your country / region and integration of appropriate customer verification proceres in your exchange
3. Working with banks or payment processors
you need to work with banks or payment providers to process payments in legal tender. You can choose a trustworthy bank with lots of online facilities
4. Create liquidity in your exchange
any exchange needs liquidity to operate successfully. Customers are hesitant to place orders or even deposit money unless they see the full order and transaction activity. New transactions will naturally encounter liquidity problems
5. Ensure high-level security of trading and customer data
any exchange development company needs first-class security to ensure that the funds of exchange operators and traders are safe. This should also apply to your customers' private data, including their KYC details and bank account information. Over the years, the unnoticed GOx vulnerability resulted in the theft of nearly 1% of the total number of bitcoins in circulation at that time. According to chain soft network, between 2009 and 2019, one third of all bitcoin exchanges were hacked. Therefore, security must be the first priority in your transaction
Finally, customer support is another important part of a successful exchange. Staff are required to approve KYC requests, answer customer complaints, process deposits and withdraw legal tender, etc. A fast customer support mechanism ensures that your customers start trading from the date of signing and generate revenue for your exchangeI hope it can help you to solve the related problems. For more details, please feel free to consult and discuss< br />
the principle of blockchain can be more widely used in other innovative fields. For example, blockchain is expected to establish a points exchange and transaction system, which can be used for the exchange and transaction of various points, such as telecom telephone fee points, aviation mileage points, hotel accommodation points, etc. In the field of Internet of things, IBM has cooperated with Kouvola innovation in Finland to establish a trusted cargo view of the whole process of logistics in the technology of blockchain and Watson Internet of things
in fact, in the next few years, the Internet of things will become one of the most exciting and largest application fields of blockchain. Blockchain solves the trust problem and financial transactions between massive devices and nodes in the Internet of things. The Internet of things based on blockchain and e-money can enable smart appliances to automatically complete financial transactions such as paying electricity bills, while IBM Watson cognitive technology can automatically recommend a more reasonable level of electricity consumption by learning historical data, which can form a real smart grid from the perspective of the whole society
in May 2016, two Chinese blockchain enterprises announced to join the hyperledger super ledger project led by IBM and Linux foundation. Also in May, Ping An Insurance Group announced to join the international R3 alliance to jointly develop innovative business applications based on distributed shared ledger technology with other financial institutions
now, blockchain is not only as simple as having influence on Internet technology, but also to create a new decentralized next-generation business model, which is the real significance of the blockchain revolution< br />
IBM loves it because it sees the potential of blockchain. Blockchain is popular all over the world. Bitcoin, Ethereum and decent are all connected with bitcoin.