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.

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.