The more accessible the blockchain technology, the greater will be the applications of blockchain technology. Vechain (VET) has taken a step in the right direction. He is planning to supply the Vechain blockchain (VET) as a service. If in fact it is able to provide blockchain as a service, the use of the blockchain can increase more. This is because it will be easier to use.
Vechain (VET) takes a step forward in making the blockchain more accessible:
Vechain (VET) has recently been connected to BIOS Middle East. BIOS is a cloud service provider in the Middle East. Vechain (VET) has caught up with this to provide blockchain as a service. As a result, businesses will be able to use it fairly easily. Moreover, it can be integrated with the Internet of things in order to take these applications on the blockchain.
BIOS already has several customers in different vertical sectors like healthcare, petrochemistry, finance and energy. And for this; it will also get access to the BIOS client base. This ensures that Vechain (VET) will be able to easily grow the use of their blockchain. Moreover, with the experience of the cloud hosting provider, it will be able to increase the use of blockchain exponentially. Furthermore, it will add more credibility to Vechain (VET).
Only the next few months can tell how much traction, will be able to earn. However, it has definitely taken a step ahead of the competition by offering blockchain as a service. In the future, this will make the blockchain much more accessible.
If the concept of blockchain as a service gains momentum, many other cryptocurrencies might offer the same. Until now, almost no cryptocurrency or developer has adopted this concept. However, with the advent of cloud computing, there are numerous developers who have offered software as a service. Even the business model has been quite successful. And for this; the odds are blockchain because a service will be equally successful if not more.
The reason for this is that blockchain is highly versatile. Also, in most cases, blockchain is accessible as well. Therefore, once companies, as well as developers, have access to blockchain as a service, they will be able to easily develop the applications and software they want on the blockchain. This will provide them transparency and security. At the same time, they will be able to use the blockchain exactly according to their needs, which will ensure that they will be able to use it for a wide variety of applications without any problem. It remains to be seen how much traction Vechain (VET) is able to get from this new development.