The blockchain technology demonstrates a new decentralized protocol where transaction or other data are properly recorded and stored on the blockchain. Data are not possible to be counterfeited and tampered once recorded, also smart contracts can be executed automatically without being verified by a centralized authority. The transactions do not necessarily have to be digital currencies like bitcoin, but also digital assets such as financial securities and property rights. The blockchain technology is potentially redefining the way how people transact property rights, and it definitely has the ability to reduce substantial costs derived from financial services.
Blockchain technology has a wide array of applications: supply chain management, clearing and settlement, logistics, notary... just to mention a few. Nevertheless, how enterprises can integrate blockchain into business is not an easy thing to do.
Since 2013 had the Yuan Chain development team begun to dedicate themselves to the research of blockchain technology and its underlying applications. Up to now, a handful of blockchain-based projects have been applied into business use by some of the fortune 500 companies with the services provided by Yuan Chain development team. Yuan Chain team has offered IaaS (Infrastructure as a Service) and SaaS (Software as a Service) to meet client’s different needs and expectations.
For now, let’s take a moment to explore more about IaaS and SaaS.
The top left diagram illustrates IaaS, IaaS customers can get virtual machines (VMs), storage and other remaining elements from IaaS vendors to complete an application slack. IaaS vendors also offer a wide range of infrastructure services to accompany with management of the components. The primary customers for IaaS are system administers. On the top right diagram is the SaaS, in which customers can run applications over the provider’s host platform through wide area network (WAN) commonly internet. SaaS offers the benefit to eliminate the processes of software installment, hardware acquisition and maintenance and various other workloads. SaaS aims at ordinary users.
If it is still puzzling, let’s look at the two business services from a different stand point of view. Imagine that if you want to eat a pizza, you can certainly do it yourself, you need to prepare yourself with cheese, tomato sauce, pizza dough, fire, oven, gas/stove, soda water and table. You can choose to do it either with IaaS or SaaS.
From an IaaS perspective, you just need to buy a piece of frozen pizza from the supermarket, bake it in the oven and eat it on the table. Alternatively you could use a pizza vendor service. Like displayed on the right, you need nothing to be prepared, even the table is from the pizza place.
I hope the pizza analogy can be any help in understanding the differences between IaaS and SaaS.
PS: words have spread that Yuan Chain (YCC) will be listed on one of the major exchanges in the near future.
The website：
www.yuan.org WeChat Official Accounts：YuanChain
WeChat customer service：chain-vc
QQ customer service：1683656222
