BaaSid
BAAS Price
BaaSid $BAAS is a blockchain platform providing decentralized identity and data security solutions. More
| Fully Diluted Valuation | $3.84M |
|---|---|
| 24H Trading Volume | $48 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 7.40 B |
| Total Supply | 10.00 B |
| Max Supply | 10.00 B |
| Categories | Decentralized Identifier (DID) 1 more |
|---|---|
| Founder | Anonymous |
| Website | baasid.com |
| Socials | |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 2 more |
| Contracts |
0x5d9....0c2de
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| Name | Pair | OG Score |
|---|
BaaSid $BAAS, established in 2017, is a blockchain-based platform that focuses on providing decentralized solutions for identity verification and data security. The project leverages blockchain technology to offer innovative services such as decentralized storage, two-factor authentication (2FA), and blockchain-based certificates. By integrating blockchain with existing systems, BaaSid $BAAS aims to enhance security, reduce costs, and simplify operations for businesses and individuals.
The platform's core technology revolves around data fragmentation and decentralized storage, ensuring that sensitive information is securely stored and managed. BaaSid $BAAS has been commercialized for over three years, demonstrating stable performance and reliability in real-world applications.
Key Features
1. Decentralized Storage Cloud
BaaSid $BAAS provides a decentralized storage solution called eXcel Drive, which is cloud-based and designed to maximize data security. The platform uses data partitioning to store hundreds of pieces of data separately, which are later reassembled through authentication. This approach ensures robust encryption and decryption, creating a secure environment for data storage.
2. Blockchain-Based Certificates
BaaSid $BAAS offers a blockchain-based certificate service that combines its SPLIT DATA technology with its mainnet. This service allows for the issuance and real-time verification of certificates, addressing issues such as forgery and authenticity. The blockchain certificate system replaces traditional paper certificates, providing a digital solution that is both convenient and secure.
3. Two-Factor Authentication (2FA)
The platform includes a 2FA solution based on blockchain technology, enhancing security for users. This feature is integrated into various applications, including eXcel KEY, which combines decentralized data storage with 2FA authentication.
4. File Management and Security
BaaSid $BAAS offers comprehensive file management features, including:
Distributed data storage
Multi-encryption data processing (AES-256 encryption)
Notification settings
External sharing rights management
Audit logs and user action monitoring
These features ensure that files are securely stored and managed, with robust access controls and encryption.
5. Soteria API
The Soteria API module allows for seamless integration of blockchain solutions with non-blockchain services. This minimizes disruptions to existing systems while providing enhanced security and functionality.
Use Cases
Identity Verification: BaaSid $BAAS provides decentralized identification (DID) services, enabling secure and efficient identity verification for users and organizations.
Data Security: The platform's decentralized storage and encryption technologies ensure the safe handling of sensitive data, making it ideal for industries such as finance, healthcare, and government.
Certificate Management: BaaSid $BAAS's blockchain-based certificates are suitable for educational institutions, professional organizations, and businesses requiring secure and verifiable credentials.
Cloud Storage: The eXcel Drive solution offers a secure alternative to traditional cloud storage, with enhanced encryption and decentralized architecture.
Founders, Backers, and Partners
BaaSid $BAAS has collaborated with notable partners and organizations to expand its reach and capabilities:
Hitachi Sunway: BaaSid $BAAS provides decentralized storage and 2FA authentication solutions to Hitachi, enhancing their ICT sector offerings.
Taiwanese Government: The platform has developed and supplied decentralized identification (DID) solutions to the Taiwanese government, showcasing its ability to meet national-level requirements.
Taiwan Blockchain Alliance: BaaSid $BAAS is part of this alliance, which includes approximately 80 industry players supported by Taiwan's National Development Council.
Conclusion
BaaSid $BAAS stands out as a pioneering project in the blockchain space, offering innovative solutions for identity verification, data security, and certificate management. With its decentralized storage, 2FA authentication, and blockchain-based certificates, the platform addresses critical challenges in the digital age. Backed by strong partnerships and a proven track record, BaaSid $BAAS is well-positioned to drive the adoption of blockchain technology across various industries.
BaaSid $BAAS offers decentralized identity verification and data security solutions using blockchain-based data fragmentation and storage.
The founders are anonymous.
BaaSid $BAAS collaborates with Hitachi Sunway, the Taiwanese government, and the Taiwan Blockchain Alliance.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of BaaSid (BAAS) is ($7,400,000,000), max supply of BaaSid BAAS is ($10,000,000,000) and the market cap of BaaSid BAAS is ($2,844,272).
What is the BaaSid (BAAS) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of BaaSid (BAAS) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether BaaSid (BAAS) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
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Does Coin (BaaSid BAAS) solve a good problem or offer the best solution?
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Does the team have a realistic roadmap and can catch up with it?
Does BaaSid (BAAS) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
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