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.

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.

Baidu Trust is a blockchain-as-a-service provider that was launched by the Chinese search engine giant. Baidu hopes to leverage their enormous development resources to assist customers in deploying their own blockchain platforms. Baidu's enormous clout in China immediately makes them a player in the BaaS sector.