Blockchain is pushing new boundaries! Here’s is why it is game-changing technology of this century

Blockchain is tipped as a technology with huge potential to transform business and every day life. From a technological perspective, blockchain technology has pushed new boundaries but looking at its potential, a lot of disruption is foreseen in the future. Let’s explore some blockchain trends to look out for in 2020.

Blockchain as a service (BaaS)
Many startups and enterprises are working on their blockchain solutions. However, it is not feasible for every company to do so. That’s where BaaS comes to rescue. BaaS has been contributing significantly to blockchain development. BaaS is a cloud-based service that allows users to build their own digital products like smart contracts and decentralised applications. Some of the major players in the field are Amazon, Microsoft, IBM, Oracle and VMWare. Many companies are expected to incorporate it in their business model using BaaS.