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TrustSQL is a BaaS platform developed by the Chinese internet giant Tencent. It aims to provide all the tools companies need to easily develop blockchain applications.SophiaTX aims to create a blockchain platform that can be easily integrated with existing enterprise database solutions.

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Company Description

TrustSQL is the BaaS pltafrom that the Chinese technology giant, Tencent, is building. Tencent's BaaS platform is designed to provide all the tools necessary for developing blockchain applications. Tencent hopes to utilize its enormous market share in the Chinese internet market to become a player in this quickly growing field. The company is competing against Alibaba and Baidu in a large number of industries, and blockchain will be another sector for them to engage in. The company released a whitepaper, in 2017, that outlined their plans but they have yet to bring on a significant amount of clients.

SophiaTX is developing a blockchain-based platform with a variety of enterprise business services. It was created by a Swiss company with extensive experience working with SAP. Their platform will enable users from a variety of industries to integrate their internal business systems on the blockchain, and use SophiaTX's suite of blockchain solutions, including an ERP management tool, CRM, and SAP integration. SophiaTX's network is powered by the Ethereum-based SPHTX token.





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