Computerware

BaaS Lets You Take Decentralization for a Test Drive

BaaS Lets You Take Decentralization for a Test Drive

One of the biggest problems with emerging technologies is the fact that it can be very hard to tell if they will actually provide any benefit to a business without taking the risk of implementing it. This leaves many businesses in a catch-22 of sorts: they lose money by not implementing a new solution, or they lose money because the new solution wasn’t a good fit.

Damned if they do, damned if they don’t.

The latest example of this has been blockchain technology. The practical uses for blockchain in the business environment are varied and wide-reaching, but practically-minded business owners have to be hesitant to fully commit to deploying it without some point of reference into how it will benefit their operations.

This makes a lot of sense, especially when some numbers are taken into consideration. Blockchain is still new enough for many organizations to be wary of diving in and adopting it. In fact, the 2018 CIO Survey conducted by Gartner indicated that only 1 percent of CIOs had adopted blockchain technology into their business operations, with only 8 percent having any plans to do so in the near future. On the other side of the coin, 77 percent said there was no interest to investigate a blockchain strategy, let alone develop one.

Furthermore, among those who had adopted blockchain or were soon to, there were indications that doing so is no simple task. 13 percent say that the IT department of their organizations had to change, 14 percent reported a need of a culture change within IT, 18 percent claimed that it was difficult to find staff with the skills to work with the blockchain, and a full 23 percent attributed blockchain to needing the newest skills to be developed out of any technology.

Many service providers have taken advantage of this by offering Blockchain-as-a-Service. This approach solves many of the problems that polled organizations had with adopting blockchain - especially the lack of potential in-house staff there are out there. Without the investment that and in-house deployment would require, businesses are able to leverage the potential applications of the blockchain through providers like Amazon, IBM, Microsoft, and others.

While there are some challenges with this approach, it has provided an attractive option for those businesses and enterprises who are unwilling or unable to invest in blockchain technology otherwise - and while there are some compliance and regulatory wrinkles to iron out with BaaS, it may be a very useful tool to help many companies embrace the blockchain.

What do you think? Is this a more feasible option for your business? Would you be okay with sacrificing blockchain’s benefit of circumventing the middle man in able to leverage the others? Let us know in the comments, and make sure you subscribe!

You Can’t Afford Not to Have a Proper Backup Solut...
Technology Basics: Wizard
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, July 17, 2018

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Security Tip of the Week Technology Best Practices Privacy Internet Cloud Business Management Software Microsoft Hackers Business Computing Managed Service Provider Productivity Backup Workplace Tips Data Hardware Business Saving Money Malware Email IT Support IT Services Hosted Solutions Google Network Security Small Business Efficiency Smartphones Quick Tips Gadgets User Tips Business Continuity Mobile Devices Computer Disaster Recovery Mobile Office Virtualization Network Android Innovation Microsoft Office Social Media Mobile Device Management Server VoIP Smartphone Windows 10 Upgrade Miscellaneous Ransomware Unified Threat Management Windows Operating System Remote Monitoring Holiday BYOD Remote Computing Mobile Computing Passwords Collaboration Communication Managed IT services WiFi Vendor Management Cybersecurity Apps Data Backup IT Support Data Recovery Marketing The Internet of Things Facebook History communications Apple Firewall Analytics Users Alert Data Management Internet of Things Tech Term BDR Automation Productivity Artificial Intelligence Outsourced IT IT Consultant App Phishing Managed IT Services Save Money Office Health Big data Bandwidth Content Filtering Spam Going Green Gmail Mobile Device Bring Your Own Device Antivirus Search Cost Management Budget Managed IT Best Practice Information Technology Windows 8 Lithium-ion Battery Outlook Encryption Hiring/Firing Hard Drives Maintenance Printer Browser Tech Support Cybercrime Virus Wireless Technology Travel Hacking Phone System Update Office 365 Money Document Management IBM Recovery Employer-Employee Relationship Computers Help Desk Administration Intranet Training Education SaaS Risk Management Law Enforcement Hard Drive Compliance Save Time Data storage It Management Business Technology Customer Service Two-factor Authentication Cloud Computing Proactive IT Website Running Cable Humor Government Networking Legal Saving Time VPN Windows 10 Regulations Project Management Telephone Systems Twitter Paperless Office Password Cortana Disaster Hacker End of Support Hosted Solution Robot Current Events File Sharing Avoiding Downtime Securty Access Control Business Intelligence iPhone User Digital Payment Mobility Solid State Drive Data Security Social Engineering Applications Downtime Black Market Excel Flexibility Fax Server Blockchain Comparison Tablet Wireless Patch Management Laptop Data Loss DDoS Customer Relationship Management Company Culture Augmented Reality Business Growth Computer Repair Social Networking PowerPoint Data Breach Word Distributed Denial of Service YouTube Digital eWaste Value Sports Unified Communications Settings Websites Start Menu Tech Terms Streaming Media Computing Public Cloud Vulnerabilities Mobile Technology Identity Theft Healthcare Inbound Marketing Processors Software as a Service USB Net Neutrality Uninterrupted Power Supply Co-managed IT IT service User Error Presentation Google Maps Chrome Virtual Reality Politics Pain Points Bitcoin Virtual Desktop Data Protection Emails Specifications Safety Router Bluetooth Automobile Chromebook Lifestyle Social Computer Accessories Computing Infrastructure Hack Documents Cryptocurrency Heating/Cooling Trending Google Docs How To Mouse Experience Scam Download Storage Private Cloud Redundancy Monitors Gaming Console Cleaning Statistics Office Tips Telephony Programming Text Messaging Taxes Retail Webcam Network Congestion Machine Learning Printer Server Virtual Assistant email scam Addiction Public Speaking External Harddrive Displays Turn Key Technology Tips Reading Samsung Accountants Society G Suite Management Shortcut Micrsooft Audit Employer Employee Relationship Multi-factor Authentication Information Trojan Fake News Entrepreneur Recycling 3D Ebay Drones Organize Hacks Physical Security Migration Connected Devices Troubleshooting Thin CLient Analytic Data Warehousing Licensing Wireless Headphones Emergency Hard Drive Disposal Banking Botnet Network Management HIPAA Smart Phones Product Reviews Access Relocation Tablets Equifax Environment Sync Competition Computer Care Device security MSP Electronic Payment Read Permissions Language Microsoft Excel Adminstration Pirating Information Notifications CCTV Desktop Finance Business Owner Leadership Google Drive Windows Server 2008 Nanotechnology Music Webinar Vulnerability Business Metrics Computer Malfunction Business Cards Service Level Agreement IP Address switches Writing Spyware Mobile Payment Reliable Computing Startup Device Management In Internet of Things Unified Threat Management Backup and Disaster Recovery Application Business Managemenet Upgrades Electricity Printing Human Resources Content Management Screen Reader Gamification LiFi Windows 7 online Currency Motion Sickness Piracy Upload cache Television Scalability Smart Tech Fiber-Optic Database Digital Signature Deep Learning WannaCry Downloads Messenger Tracking HTML Upselling Work/Life Balance Conferencing Teamwork LinkedIn Video Surveillance Corporate Profile Rental Service Meetings Mobile Security Entertainment Visible Light Communication Memory Best Practives Time Management Freedom of Information Web Server Software License Trends Saving ZTime IT consulting Assessment SharePoint Cabling Multi-Factor Security Tip of the week Wi-Fi Administrator Fraud Tactics Skype Microserver Google Calendar Books Workers Devices PDF Archive Monitoring Best Available Keyboard CIO Debate VoIP Supercomputer UTM Content Harddrive Advertising Flash Touchscreen News GPS Staffing Google Wallet Knowledge Microchip IT Plan Enterprise Resource Planning Domains Point of Contact Windows XP Get More Done Consultation Evernote Worker Legislation Capital Productuvuty Username Managing Stress 3D Printing CrashOverride

toner1.7