It has been years since blockchain technology was invented. All of governments of advanced countries and multinational corporations are exploring and developing application of blockchain technology. And financial technology application has been the leader of blockchain technology. Besides, in other industry field, they notice that the blockchain technology may bring technology revolution to their own industry.
In recent years, driven by various governments, the trend of open banking is already been the major driving force of financial technology evolution. But every open banking investor has faced same problems about identity verification security and safety of information exchange. The same issues are taken seriously in the applications of internet. And the technology in nowadays can’t solve the problems of personal information leakage. As a result, the decentralized ID based on blockchain technology was received attention extremely that it may solve those problems of information security in internet era
BaaSid is Taiwan technical team focusing on blockchain technology application development. Based on blockchain technology to develop two products of service application, “Soteria blockchain technology storage” and “Pistis distributed identity authentication”. It is favored by well-known manufacturers and academic units to jointly carry out product development and application cooperation in order to solve traditional technical pain point through blockchain.
Blockchain technology business developments and applications has growth rapidly in the recent. Advanced countries has researched and utilized Blockchain technology for years. With the rising of Blockchain technology resources investments,we can predict that Blockchain will replace some traditional technology in the future, becoming one of the most important technology which infects our life. As a result, we suggest that enterprises should take action to respond the advent of the era of blockchain technology popularity, attempting and researching the Blockchain technology applications.
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