April 6, 2016

The Merkle

Microsoft Azure is not the only company looking to bring blockchain-as-a-service solutions to consumers all over the world, as Credits has recently announced their own similar offering. But is there any significant difference between the two?

During the Money 20/20 Conference yesterday, blockchain platform provider Credits announced their new service to the world. Similar to what Microsoft Azure is bringing to the table, Credits is venturing into the blockchain-as-a-service world as well. However, there is one significant difference between the two, as Credits is offering full-fledged blockchain platforms as a service, rather than the technology itself.

Bringing new applications and platforms to the blockchain ecosystem is of the utmost importance to financial players and enthusiasts. While developers can get a more hands-on approach with the nitty-gritty coding from scratch through Microsoft Azure, Credits wants to offer a full set of developer tools to build new applications.

Credits CEO and Founder Nick Williamson stated:

“Credits’ PaaS is specifically designed for developers allowing them to launch a Blockchain in 3-steps, without the need to learn a new programming language. Any developer with basic coding skills will immediately be able to start creating their own robust blockchains. We are opening up our beta version to the public because there is no better way to test and prove performance than to have the platform used in real life situations.”

The Credits blockchain-platform-as-a-service offering seems to primarily focus on the business side of deploying blockchain technology. What makes this offering rather interesting is how the Credits blockchain can connect with other blockchains, as well as third-party and legacy systems. This makes the process of integrating this technology with existing financial solutions a lot easier.

Moreover, developers will be excited to hear this service can be accessed completely free of charge, which is in line with Microsoft Azure’s blockchain-as-a-service. Feedback is more than welcome, and it will be interesting to see what types of applications will be built on top of this blockchain-platform-as-a-service.