If You Build BaaS, Will Someone Buy It?

BaaS – know what that is?

It’s Blockchain As A Service.

And all the big guys are now into it, including IBM, Oracle and now Amazon Web Services.

It’s cool, it’s new, but apparently not even the vendors know how it will be put to use. AWS has likened it to SNL’s old “Shimmer Floor Wax” commercial that advertised a floor wax that can also be a dessert topping.

So, the app is out there if you can figure out a way to use it and then have the means to pay someone to run it for you.

If you build it, will they come?

https://techcrunch.com/2018/04/22/amazons-new-blockchain-service-competes-with-similar-products-from-oracle-and-ibm/

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
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