Blockchain-as-a-service allows enterprises test distributed ledger technology
As enterprises look to deploy distributed ledgers, the industry's largest IT providers have launched blockchain-as-a-service (BaaS), offering a way to test the nascent technology without the cost or risk of deploying it in-house.
The BaaS offerings could help companies who don't want to build out new infrastructure or try to find in-house developers, which are in hot demand.
"The thing to be thinking about is that we're still in the early innings of this blockchain wave," said Bill Fearnley Jr., IDC's research director for Worldwide Blockchain Strategies. "There are very few people with multiple years of deep, hands-on experience."