CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG. Eliza Gkritsi. Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.
By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms of services and privacy policy. On Purpose, With Tyrone Ross. Sponsored Content. Secure data storage and data sharing has been a key topic in sharing economy. Issues such as data ownership protection, privacy protection, and storage of large amounts of data have not been addressed effectively.
Alibaba Cloud BaaS makes full use of Blockchain to chain data "fingerprints" to the source data. This service allows secure storage of large amounts of data using SideOB and related technologies. Alibaba Cloud BaaS provides users with a value-exchanging feature through blockchain, and addresses key issues in data circulation, such as recordation, data traceability, and anti-tampering.
This service allows a new method of transaction based on smart contracts. A comprehensive suite of global cloud computing services to power your business. Alibaba Cloud Products Blockchain as a Service Blockchain as a Service BaaS provides secure, stable, easy-to-use, and open blockchain cloud services to build an Internet featuring mutual trust and efficient collaboration. Simplifies Blockchain Development Blockchain as a Service BaaS is an enterprise-level platform service based on leading blockchain technologies.
BaaS provides out-of-the-box services. Supports cryptographic algorithms recommended by China's authorities and SGX security protection. Creates a multi-dimensional blockchain security system. Supports RAM users and sub-accounts and enterprise-ready management and monitoring.
Features Quick Deployment Supports quick deployment of blockchains for enterprises without concerns of complex configuration. Consortium Management Allows you to create consortia, invite and approve the participant that is involved in the business to join the consortium, and manage the business. Organization Management Allows you to easily manage the enterprises that are in the business consortium, manage the users in the organization, and grant business application access to the blockchain service.
Chaincode Management Allows you to manage the smart contracts chaincode in the organization and the business, including the period of overwriting installation, creating instances, and updating. Security Service Provides CA certificate service.
Permission Management Provides a graphical management of organizations and users. Monitoring Supports blockchain browsers and connections to CloudMonitor to monitor the blockchain state in real time and give automatic alerts. Issues Resolved Lack of Information Transparency -The information back from the consumer to the very beginning of the supply chain is not transparent and cannot be traced back to the source.
Data Tampering - Supply chain data is prone to the risks of counterfeiting and tampering. Difficult to Trace and Recall -When a product quality or safety issue occurs, it is difficult to trace the product or locate the responsible party. Supply Chain Finance Improves supply chain management and benefits the whole supply chain.
Inefficient Funding - Supply chain information cannot be shared safely, leading to low funding efficiency. Long Settlement Period - Accounts in conventional commerce funding cannot be split, leading to poor information circulation and long settlement period. Data Assets Sharing Alibaba Cloud BaaS protects user privacy and promotes scientific researches and accurate medical services to make data more valuable.

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