Blockchain As A Service By Alibaba Goes Global

This service was only available to China since its launch in October 2017. It is now available to use in Europe, US and Asia counterparts.

Blockchain As A Service

According to Alibaba, their service offers “an enterprise-level platform service based on leading blockchain technologies. This help customers build a secure and stable environment for blockchain implementations.”

Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service says, They aim to, “become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.”

Agreeing with Li, Executive Director of Hyperledger Brian Behlendorf says that “2018 is set to be another blockbuster year for the industry”. As the rollout of the platform will bring more innovation to the global blockchain community.

Blockchain As A Service

The Blockchain service offer includes “automatic deployment, software development kit applications”. While delivering a range of “monitoring, operating, and maintenance functions.”

The platform, since its launch, has found various applications, especially in Chinese logistics and medical industries. However, now it’s available globally in 19 regions around the world via a network of 52 Alibaba data centers.

Alibaba cloud came into existence in 2009. Currently, has become a potential top-tier supplier of cloud services in China and the third largest cloud service in the world.

The e-commerce giant has been investing in blockchain technology since 2017 and it reportedly held 10 percent of all the blockchain patent in the world. In 2017, a staggering 406 blockchain patents reportedly came from China including the patents from Alibaba.

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Alibaba launches global Enterprise BaaS. How big is the demand?

This week Alibaba Cloud released its Blockchain as a Service (BaaS) offering around the globe, including South East Asia, the US and Europe. The company is offering two solutions, one for Hyperledger Fabric and the other is the proprietary Ant Blockchain from affiliated company Ant Financial. But one question is: how big is the demand for enterprise BaaS?

Some might mistakenly dismiss Alibaba Cloud as primarily a Chinese vendor where it’s the leader for enterprise. In Gartner’s 2018 magic quadrant for worldwide cloud infrastructure (not just BaaS), just six companies qualified and Alibaba was one of them. Only Amazon AWS, Microsoft and Google made it into the leader quadrant, and even Google barely squeaked in. The other three Alibaba, Oracle and IBM appeared (in that order for “ability to execute”) in the niche player segment.

“Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world,” said Yi Li lead of Alibaba Cloud Blockchain Service.

The new Alibaba BaaS service offers Hyperledger Fabric 1.1 whereas the latest release is 1.3. However, many other cloud providers also don’t offer the most recent version.

Neither Azure nor AWS provides version information for Hyperledger Fabric when you browse for solutions. AWS launched its BaaS offering in April. For AWS during the creation process for a Hyperledger Fabric stack, you aren’t provided clear version options. It states that it’s the latest but elsewhere the license says April which means it’s version 1.1 at best.

BaaS demand?

How popular are enterprise BaaS services? The AWS blockchain templates are only available in three US datacenters. Given six months has passed since the launch, if there had been significant demand, you would expect more regional options. Plus looking at the AWS forums there were only 19 discussion threads, of which 18 related to Ethereum.

Many enterprise networks fall into two camps. One group involves a single centralized party setting up the network for everyone. In which case they have a skilled team and don’t necessarily need a BaaS solution. The other group is the early stage consortium without a specialist technology provider where BaaS should the easiest route, in theory.

And the vast majority of projects are still in the development phase where the code is sitting on a developer’s laptop.


Image Copyright: Alibaba

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Alibaba to Launch its Blockchain-as-a-Service (BaaS) Globally

China has never been a big fan of cryptocurrencies but the scenario is quite different when it comes to Blockchain. The country has been the leading innovator in Blockchain technology with new projects shaping the technical landscape in Blockchain every day. The government is employing the technology to its sectors and even the Central Bank is ready with arms open wide to embrace Blockchain and utilize it in its day to day activities.

The Chinese retail giant Alibaba first started its Alibaba Cloud services in 2009. It eventually became the third largest cloud service in the world. In China, Alibaba Cloud is the biggest cloud service platform. After working in the Blockchain and the company utilizing its Ant Blockchain, they are planning on going global.

The Alibaba Blockchain-as-a-service product will be spread to the rest of Asia, U.S., and Europe. They plan on launching the product in 19 regions with the assistance of 52 of the company’s data centers. In China itself, the product was launched last year in October.

Blockchain as a Service

The Blockchain-as-a-service product will allow its clients to utilise the services of Alibaba BaaS in order to develop or create Blockchain based products. Organisations and corporate can build and host their own Blockchain products which are mainly smart contracts and apps. According to Alibaba, what they offer is:

“An enterprise-level platform service based on leading blockchain technologies [that] helps customers builds a secure and stable environment for blockchain implementations.”

Looking at the technical aspects of the products, it utilises company’s Ant Blockchain along with IBM’s Hyperledger Fabric technology. Confidence is fostered as IBM is already doing some impressive work in the distributed ledger technology space. They are partnering up with major companies, retailers, and even federal agencies either directly or through platforms.

Alibaba is aiming to form a ‘trust infrastructure’ that empowers innovations across all industries and the product is “guarded by trusted computing and a secure consortium blockchain network”. The Intel SGX will be used as security technology to protect both code and data from cyber-attacks. The platform will support consortium blockchain management, EDCCs (aka smart contracts), and software development kit (SDK) applications, as well as automatic deployment and monitoring, operating, and maintenance functions.

What Brian Behlendorf, Hyperledger’s executive director had to say is:

“We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric as we’ve already seen many Hyperledger use cases in production this year.”

He also hopes that this expansion will bring “more exciting innovations to the global blockchain communities”. On an additional note, he stated that “2018 is set to be another blockbuster year for the industry”.

According to Alibaba, Blockchain have immense utility in services which require record keeping such as healthcare and supply chain management. Many of the BaaS developed apps using the product were created for the same industries and purposes. The company is now expanding to UK. According to Alibaba Cloud’s EMEA general manager, Yeming Wang, BaaS will employ “AI-powered and data-driven technology” that will allow the company to offer services ranging from “machine learning capabilities to predictive data analytics”.

The major competitors of Alibaba in the global cloud BaaS marketplace are Microsoft Azure, Oracle, and Amazon Web Services (AWS), which launched its Ethereum and Hyperledger Fabric templates and blockchain ecosystem in April. This week, news cited that Parity Technologies has revealed that its Blockchain-building platform called Substrate will be ready for developers for use in November.

The BaaS market is growing rapidly and for the same reason a Bank of America analyst, Kash Rangan, recently predicted that it could quickly reach a value of $7 billion. The companies are always on the lookout for cost-effective blockchain solutions and these emerging new ventures are being developed to cater to these needs.

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Alibaba Cloud Expands Blockchain-as-a-Service to South-East Asia, US, and Europe

The new BaaS platform by Alibaba Cloud will cater international markets, following their increased supply of services to the UK market.

Alibaba Cloud, the cloud division of Jack Ma´s famous Alibaba Group, has announced the expansion of their blockchain-as-a-service (BaaS) platform to the American, European, and South East Asian markets, just a few weeks after launching two data centers in the UK to address the increased demand for their services in the region.

Yi Li, the lead of Alibaba Cloud Blockchain Service and Senior Staff Engineer, commented on the success of their BaaS platform, and their privileged use of some of Intel’s latest products,

Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world […] Alibaba Cloud is also the first blockchain service provider of Intel SGX security technology. We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.

The company´s BaaS platform will support blockchain applications catered to enterprises and based on the Ant Blockchain and Hyperledger Fabric. These include, for example, monitoring, operating, and maintenance applications, blockchain consortium management, user and certificate management, automatic deployment, SDK applications, and smart contracts. Ant Blockchain is a proprietary multi-patented blockchain developed by Alibaba´s affiliate Ant Services Group. Hyperledger Fabric is one of the blockchain projects hosted by The Linux Foundation.

Brian Behlendorf, Executive Director at Hyperledger shared his excitement about the initiative,

We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric, as we’ve already seen many Hyperledger use cases in production this year. As stated in MIT’s recent whitepaper, 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space, and hyperledger is committed to the development of blockchain technologies in China. Together with Alibaba Cloud, we look forward to bringing more exciting innovations to the global blockchain communities.

The Alibaba Group is but the latest of many enterprises jumping into the BaaS wagon. Just this week the Chinese division of Amazon Web Services announced the beginning of a partnership with the Qtum Project to develop blockchain-as-a-service (BaaS) products for developers and businesses. The partnership will also allow AWS’s client base to “quickly, efficiently, and cost-effectively” create and launch their own smart contracts using Amazon Machine Images.

Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.

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Alibaba Cloud Announces Global Blockchain as a Service

Alibaba Cloud recently announced the expansion of its Blockchain as a Service (BaaS) offering to notable markets across the globe, including the U.S, Europe, and South East Asia. The company’s BaaS offers an enterprise-level platform service underpinned by popular blockchain technologies and enables customers to create a stable and secure environment for blockchain implementations.

Alibaba Cloud’s BaaS offers support for enterprise-level blockchain applications on Ant Blockchain as well as Hyperledger Fabric’s platforms. Hyperledger is a multi-project, multi-stakeholder endeavour spanning 10 business blockchain and distributed ledger technologies. And Hyperledger Fabric is a blockchain framework implementation and among the Hyperledger projects hosted by The Linux Foundation. Whereas Ant Blockchain, built by the Ant Financial Services Group, is a multi-patented high-performing blockchain platform. BaaS’ security is protected by dependable computing and a safe consortium blockchain network. Thanks to this robust architecture, customers gain the ability to build their own BaaS applications on Alibaba Cloud’s platform.

Yi Li, Senior Staff Engineer and lead, Alibaba Cloud Blockchain Service, said, “We proud ourselves to be the trust infrastructure for business which empowers many innovations across all industries. Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world. Alibaba Cloud is also the first blockchain service provider of Intel SGX security technology. We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation.”

Alibaba Cloud’s BaaS supports a broad selection of applications, such as consortium blockchain management, automatic deployment, user and certificate management, SDK (Software Development Kit) applications, and smart contracts along with a suite of operating, maintenance, and monitoring functions.

Besides BaaS, Alibaba Cloud also introduced two new availability zones in the UK so as to fulfil growing customer demand. The company now operates 52 availability zones in 19 regions worldwide.

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Global Statement: Alibaba Cloud Rolls Out Blockchain-as-a-Service Offering

Oct 25, 2018 at 11:30 // News
Author

Coin Idol

Alibaba Cloud Rolls Out Blockchain-as-a-Service

Alibaba Cloud, the first blockchain service provider of Intel SGX security tech, will make another world statement this week, as it’s expanding its BaaS offering.

After proclaiming its European mega-expansion, the cloud computing body of Alibaba Group has declared the mega-expansion of its Blockchain-as-a-Service (BaaS) offering to significant world markets including the US, Europe and Southeast Asia.

As several organizations focus on how they can exploit distributed ledger technology (DLT), and learn what the uses of blockchain are, BaaS offerings are surfacing with massive vendors.

These platforms are intended to assist customers to create a more secure and stable climate for DLT implementations.

Alibaba Cloud’s BaaS underprops enterprises level DLT uses on the two platforms of Hyperledger Fabric and Ant Blockchain.

The Benefits of BaaS

“Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world,” said Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service.

The BaaS platform will underprop a variety of applications such as smart contracts, automatic deployment, user and certificate management and SDK applications, consortium DLT management, in addition to operating, monitoring and maintenance roles.

“We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric, as we’ve already seen many Hyperledger use cases in production this year. As stated in MIIT’s recent whitepaper, 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space, and hyperledger is committed to the development of blockchain technologies in China. Together with Alibaba Cloud, we look forward to bringing more exciting innovations to the global blockchain communities,” said Brian Behlendorf, Executive Director, Hyperledger.

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Alibaba Cloud Blockchain as a Service goes global

Alibaba Cloud, the cloud computing arm of Alibaba group, has announced that its Blockchain as a Service (Baas) is now available in South East Asia, the US and Europe.

Alibaba Cloud BaaS only launched in China last August, and Alibaba says it has already successfully enabled development of blockchain applications in the public benefits system, logistics, and medical industries.

The expansion is a part of the cloud provider’s attempt to compete with other BaaS offerings from Oracle, Microsoft and IBM.

Like other offerings, Alibaba Cloud BaaS helps customers build secure and stable environments for blockchain implementations without having to take on the cost or risk in-house. Alibaba Cloud says its service is “enterprise grade”.

“Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world,” said Yi Li, head of Alibaba Cloud’s Blockchain Service.

“We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation,” he added.

Alibaba Cloud BaaS supports automatic deployment, consortium blockchain management, smart contracts, user and certificate management, and SDK applications, as well as monitoring, operating and maintenance.

It also supports both the Hyperledger Fabric and Ant Blockchain platforms. Hyperledger Fabric is one of many Hyperledger projects hosted by the Linux Foundation. Ant Blockchain is an alternative implementation developed by Alibaba Group’s own Ant Financial Services.

In an effort to distinguish Ant Blockchain from other offerings Alibaba has rushed to patent its DLT implementation. According to the Nikkei Asian Review, Alibaba filed 10% of the world’s blockchain patents in 2017.

ABI Research predicts that blockchain technologies are expected to generate more than $10.6 bn in revenue by 2023.

“2018 is set to be another blockbuster year for the industry with a record amount of capital to be injected into companies in the space, and Hyperledger is committed to the development of blockchain technologies in China,” said Brian Behlendorf, executive director of Hyperledger.

Last month, IBM announced the membership of several leading global retailers to its blockchain-based food supply chain network IBM Food Trust.

Alibaba Takes Its Blockchain-As-A-Service Global

Alibaba has extended its cloud blockchain-as-a-service (BaaS) product to include Southeast Asia, the US, and Europe.

Alibaba Cloud’s BaaS is already available in China, having launched in August 2018, and Alibaba says it already has a proven track record in the public benefits system, logistics, and medical industries.

Like similar platforms, Alibaba Cloud’s BaaS is advertised as a tool for customers to build a “secure and stable environment for blockchain implementations.” Alibaba will support enterprise blockchains built on either Hyperledger Fabric or Ant Blockchain. The latter is the blockchain protocol and network developed by Alibaba Group’s Ant Financial Services, which Alibaba owns 33 percent of.

Alibaba Cloud’s BaaS is “guarded by trusted computing and a secure consortium blockchain network,” said today’s press release, with Alibaba aiming to provide a “trust infrastructure” that empowers innovations across all industries. Alibaba will also utilise Intel SGX security technology, which protects both code and data from cyberattacks.

The platform will support consortium blockchain management, EDCCs (aka smart contracts), and software development kit (SDK) applications, as well as automatic deployment and monitoring, operating, and maintenance functions. Alibaba Cloud supports hybrid cloud and distributed business systems.

Of the inclusion of The Linux Foundation’s Hyperledger, Brian Behlendorf, Hyperledger’s executive director, said:

“We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric as we’ve already seen many Hyperledger use cases in production this year.”

Alibaba will now compete in the global cloud BaaS marketplace with Microsoft Azure, Oracle, and Amazon Web Services (AWS), which launched its Ethereum and Hyperledger Fabric templates and blockchain ecosystem in April. Also this week, Parity Technologies revealed that Substrate, its blockchain-building platform for companies of all sizes, would be ready for developers to use in November.

A Bank of America analyst, Kash Rangan, recently predicted that the BaaS market could quickly reach a value of $7 billion as companies look for cost-effective blockchain solutions.

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Alibaba Cloud launches global Blockchain as a Service

  • Supports enterprise-level blockchain applications on Hyperledger Fabric and Ant Blockchain
  • Helps customers build a secure and stable environment for blockchain implementations

Alibaba Cloud launches global Blockchain as a Service

ALIBABA Cloud, the cloud computing arm of Alibaba Group, on Oct 24 expanded its Blockchain as a Service (BaaS) offering to major global markets including Southeast Asia, the US and Europe.

Alibaba Cloud’s BaaS provides an enterprise-level platform service based on blockchain technologies and helps customers build a secure and stable environment for blockchain implementations.

Alibaba Cloud’s BaaS supports enterprise-level blockchain applications on the two platforms of Hyperledger Fabric and Ant Blockchain. Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies (DLT).

Hyperledger Fabric is a blockchain framework implementation and one of the Hyperledger projects hosted by The Linux Foundation. Ant Blockchain, developed by Alibaba Group’s financial affiliate Ant Financial Services Group, is a proprietary and multi-patented high-performing blockchain platform.

The security of BaaS is guarded by trusted computing and a secure consortium blockchain network. With this strong architecture, customers can create their own BaaS applications on Alibaba Cloud’s effective and reliable platform.

“We pride ourselves as the trust infrastructure for business which empowers many innovations across all industries. Our customers in China have already experienced the benefits from our BaaS platform and we are excited to extend this service to other enterprise customers all over the world.

“Alibaba Cloud is also the first blockchain service provider of Intel SGX security technology. We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation,” said Yi Li, senior staff engineer and lead of Alibaba Cloud Blockchain Service.

“We’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric as we’ve already seen many Hyperledger use cases in production this year. As stated in MIIT’s recent whitepaper1 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space, and Hyperledger is committed to the development of blockchain technologies in China. Together with Alibaba Cloud, we look forward to bringing more exciting innovations to the global blockchain communities,” said Brian Behlendorf, executive director, Hyperledger.

Alibaba Cloud’s BaaS supports a wide range of applications including automatic deployment, consortium blockchain management, smart contracts, user and certificate management and SDK (Software Development Kit) applications, as well as a range of monitoring, operating and maintenance functions.

Alibaba Cloud has a proven track record of enabling multi-scenario applications through it blockchain technology since its official launch in October 2017, including in the public benefits system, logistics and medical industries, based on the decentralised and distributed storage and anti-tampering features.

As an enterprise-grade blockchain platform service, Alibaba Cloud always strives for a safe and reliable blockchain environment. In addition to the twin-engine feature, Alibaba’s Cloud Enterprise Network (CEN)-based blockchain technology facilitates hybrid cloud and distributed business systems. It also supports Java SDK and Node.js SDK and is equipped with anti-DDoS attack capabilities.

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Alibaba Cloud Expands Blockchain-As-A-Service Offering To International Markets

Alibaba Cloud Expands Blockchain-As-A-Service Offering To International Markets

News | October 24, 2018 br>By:

Alibaba Cloud, the cloud computing arm of Chinese Internet giant Alibaba, has expanded its Blockchain-as-a-Service (BaaS) offering to South East Asia, US and Europe.

The BaaS offering provides an enterprise-level platform service based on blockchain technologies. The platform supports Hyperledger Fabric, an open-source project launched by Linux Foundation in 2015, and Ant Blockchain, a proprietary and multi-patented blockchain platform developed by Alibaba Group’s financial affiliate Ant Financial Services Group.

“We are looking to empower many innovations across all industries,” said Yi Li, Senior Staff Engineer and lead of Alibaba Cloud Blockchain Service. “Our customers in China have already experienced our BaaS platform and we are excited to extend this service to other enterprise customers all over the world.”

The BaaS platform supports end-to-end traceability and anti-counterfeiting service along the supply chain flow of products. It integrates Alibaba Cloud Internet of Things (IoT) and anti-counterfeiting technologies to provide blockchain solutions for product traceability. It also supports various applications such automatic deployment, consortium blockchain management, smart contracts, user and certificate management and SDK (Software Development Kit) applications, along with a range of monitoring, operating and maintenance functions.

“We aim to become a technology partner that enables companies that wish to use blockchain to accelerate their digital transformation,” Li said.

Brian Behlendorf, Executive Director of Hyperledger, said that they’re delighted to see the launch of Alibaba Cloud BaaS powered by Hyperledger Fabric, as they’ve already seen many Hyperledger use cases in production this year.

“As stated in MIIT’s recent whitepaper, 2018 is set to be another blockbuster year for the industry with record amount of capital to be injected into companies in the space, and hyperledger is committed to the development of blockchain technologies in China,” Behlendorf said. “Together with Alibaba Cloud, we look forward to bringing more exciting innovations to the global blockchain communities.”

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