The high level of dependency on technology and the internet today has resulted in new business models and revenue streams for organizations but with this comes new gaps and opportunities for cyber attackers to exploit. Cyber-attacks have become increasingly targeted and complex due to more sophisticated pieces of malware being leveraged and the increasing threat of professional cyber organizations. So what about blockchain? Will the technology be a cyber security help or hindrance?
Blockchain as a service is a solution created to make the application of blockchain feasible for organizations and business. Blockchain as a service is offered to enable organizations to create apps and other solutions with blockchain. It is a cloud-based service that allows the seamless application and scaling of blockchain solutions. The development of solutions to improve the interoperability of blockchains is a trend which is bound to continue over the years, to widen the scope of application of blockchain technology.
As more applications of blockchain technology are unveiled, a greater need of development innovations is created. These innovations are related to scalability and UX development. Cryptocurrency exchange apps, for example, are some of the more recent applications of blockchain, and they are especially complicated. 2020 has seen a commitment to development innovations, to improve the functionality and efficiency of blockchain solutions.
The development innovations that have been unveiled so far and those that are in the works include sidechains. Advanced platforms are particularly in the works. These platforms are billed to have highly impressive designs. To build blockchain apps and apply blockchain for other operations, organizations need vendors versed in the technology.
We present to you, “Top 10 Blockchain Solution Providers - 2020.”