TrustSQL

by Tencent

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Insolar

by Insolar

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IBM Blockchain

by IBM

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TrustSQL

by Tencent

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Insolar

by Insolar

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IBM Blockchain

by IBM

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What problem does this service solve?

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.Insolar hopes to create an enterprise blockchain that will be more scalable and easier to use than current platforms.The IBM Blockchain Platform is designed to assist developers in creating and operating an application with a blockchain network.

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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.

Insolar is a blockchain technology company that is developing an open source enterprise-grade blockchain platform. Their goal is to allow companies to transition their existing business processes, and data systems, to an enterprise blockchain that will create efficiencies and new revenue sources. Insolar also provides blockchain consulting services for companies in need of distributed ledger solutions. The company was originally focused on using blockchain to improve supply chains and logistics in the grocery industry, but they have since expanded their scope. Their network is currently powered by the Ethereum-based INS token.

IBM's Blockchain Platform is the company's BaaS solution that it delivers through the IBM Cloud. It simplifies the process of deploying a blockchain-enabled application. IBM's platform has a number of unique features. These include, a pluggable architecture that allows developers to use software modules and a new consensus algorithm, that IBM developed, and is tailored to specific use cases. It also enables cryptographic identity management and smart contracts that can be written in popular programming languages, such as Java, and then executed in containers.
IBM is also involved with the Linux Foundation’s open-source Hyperledger Project, which was created to help developers easily build secure distributed ledgers that can be used to exchange almost anything of value.

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