The baas platform significantly reduces the development threshold of blockchain and helps users reduce the cost of development and use. The core value of baas also lies in helping blockchain developers create a blockchain environment on the platform in the most simple and efficient way.
Enterprises build the underlying platform of blockchain in the cloud and continuously optimize the underlying technology based on objective technology evolution. Manufacturers and individuals who need blockchain services can purchase the required blockchain resources on demand. The overall business model is similar to cloud computing. For users, it greatly reduces the cost of use and the technical difficulty of development.
Baas manufacturers are still exploring stable revenue scenarios. Despite a period of technology accumulation, there is no stable revenue source for the blockchain at this stage. The foreseeable potential revenue sources in the short term are mainly judicial and supply chain finance scenarios: in the judicial scenario, the blockchain can help confirm the evidence; In the scenario of supply chain finance, blockchain can help simplify the complexity of supply chain financial services. In addition, due to the high investment of the government in blockchain, blockchain also has a certain application space in government affairs scenarios such as collaborative office between governments, government affairs connection, query results chaining and so on.
Baas industry needs multi-party cooperation (government enterprise cooperation or enterprise alliance). In the medium and long term, the large-scale rigid requirements of blockchain in the future include data source (data authenticity), blockchain sharing (preventing malicious distribution) and industry regulations (encryption standards). However, these applications need an alliance to coordinate and unify work, require the cooperation of large partners in the industry, and can not be solved by a single enterprise.
National policies promote the rapid promotion of blockchain infrastructure construction, while there is great uncertainty in the application promotion space downstream of the blockchain. Therefore, it is recommended to pay attention to cloud manufacturers China Telecom Corporation Limited(601728) (601728, not rated), Inspur Electronic Information Industry Co.Ltd(000977) (000977, not rated) promoting baas services and Xinhu Zhongbao Co.Ltd(600208) (600208, not rated) with blockchain platform subsidiaries in the short term.
Risk tips
The blockchain infrastructure construction process is not as expected; Blockchain investment is less than expected; The demand of blockchain application scenario is lower than expected.
