Blockchain as a Service (BaaS) is a cloud-based service that allows users to build and manage their own blockchain applications without needing to invest in the underlying infrastructure. BaaS providers offer the required tools and technology, making it easier for businesses and developers to focus on the application rather than the complex details of blockchain architecture.

With BaaS, companies can deploy blockchain solutions for various uses, such as supply chain management, secure transactions, and data sharing, significantly reducing the time and resources needed to develop these systems from scratch.

By utilizing BaaS, organizations can benefit from the security, transparency, and efficiency of blockchain technology while minimizing the challenges of maintenance and scalability. This model enables businesses to innovate and adapt quickly in an increasingly digital environment.