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.Oracle Blockchain Cloud Service is part of Oracle's suite of software solutions for enterprises. It provides the advantages of blokchain technology and can be easily integrated with their other products.

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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.

Oracle Blockchain Cloud Service is part of Oracle’s comprehensive Platform-as-a-Service (PaaS) portfolio. Oracle's Blockchain Cloud Service is part of the Oracle platform, which is already widely used by a wide range of companies, and consists of a variety of SaaS tools. They hope to combine their existing offerings with blockchain capabilities to assist their customers in deploying applications.

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