What problem does this service solve?

Microsoft's BaaS solution provides customers with a set of templates that easily be configured and will deploy a variety of blockchain structures.Ultiledger's goal is to create a blockchain platform that will help businesses improve their internal systems.

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Company Description

Microsoft Blockchain on Azure allows companies to deploy distributed ledger applications with minimal blockchain knowledge. Microsoft is the biggest software company in the world, and its BaaS solution has a number of advantages. Clients are able to quickly create a fully configured blockchain network, allowing them to on focus on building their applications. Customers are charged for the storage, networking, and computing resources that they consume.

Ultiledger is developing a blockchain platform that is designed to add efficiency and transparency to internal business processes. The Ultiledger network is powered by the Ethereum-based ULT token, and will serve as a Blockchain-As-A-Service provider.

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