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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.
| 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.
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