A leading telecommunications company in the U.S. market AT&T introduced a set of blockchain-based solutions for various areas. The platform is designed for companies in various fields including supply chain management, industry, retail and healthcare. This is reported on the company's website.
The blockchain-as-a-service (BaaS) platform from AT&T can be used to track the supply chain of goods from the manufacturer to the consumer. It can also be used by retailers to manage inventory and health care providers who need confidentiality when working with patient data.
Solutions based on the distributed ledger technology will help companies automate and digitize various processes. The new BaaS platform is able to interact with distributed ledger solutions from IBM and Microsoft corporations, as well as with AT&T's own developments for the Internet of things (IoT).
BaaS allows you to quickly develop and test the blockchain projects, freeing you from the need to spend time configuring platforms for their development and testing. This solution reduces costs, because the business pays a fixed amount for connecting or using a ready and simple solution.
WHY IS IT IMPORTANT?
- BaaS is a way for different companies to use all the advantages of blockchain without additional effort and expense. In fact, BaaS allows any company to integrate DLT into its work in just one click, which greatly simplifies their interaction with innovative technology.
- More and more companies are beginning to use blockchain in the field of supply chains and healthcare. The immutability of DLT makes it possible to avoid falsifications and to trace the whole path of the goods as simply and transparently as possible.
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