However, block chain technology development, research and testing work as a result of multiple systems, and therefore, time and money and other cost issues will hinder the breakthrough block chain technology. But the use of cloud platform to build test environment, these problems will be smoothly done or easily solved. At the same time, the distributed storage characteristics of the block chain will bring profound changes to the cloud service itself. Two technology integration, the acceleration of the block chain technology is mature, and promote the block chain from the financial sector to expand to more areas.
So far, the international Business Machines Corp and Microsoft launched special development tools for the blockchain has been the most active, they also have invited banks and start-up companies in the new database technology own data center test.
As early as November 2015, Microsoft on the joint venture company in New York, ConsensYs launched a cloud based block chain technology platform. The platform is designed to help financial institutions to use lower prices and bitcoin and other digital currency related encryption technology. The world's four largest accounting firm is now the user of the service. In August this year, Microsoft block chain services officially opened to the Azure cloud platform users, developers can be in the cloud platform to create the most convenient and efficient way to create block chain test environment.
Of course, the largest share of the market share of the cloud services Amazon certainly also unwilling to lag behind. In May this year, its selection and digital currency group (DCG) to cooperate, to provide enterprises with block chain experimental environment. In the process of cooperation, AWS will provide a dedicated cloud infrastructure and technical support for these projects. Many companies, including DCG, will work with the platform to explore and test unused block chain applications.
According to the world economic forum survey report predicts that by 2025, 10% of the global GDP related information will be stored in block chain technology. Perhaps in the next few years, as a basic platform for weaving this financial infrastructure, enterprise class block chain infrastructure will become very important.
Now, Google also officially entered the PaaS market. It is clear that, in addition to Microsoft, Amazon and Google, IBM is also ready to turn the BaaS platform into an important source of profit.