Cloud may be the missing piece between businesses and the prevalence of more widespread blockchain use cases.
While many businesses are intrigued by the proposed benefits that the blockchain can provide, finding technical experts has proven to be another concern altogether. Since blockchain technology is relatively new, few know the ins and outs of troubleshooting decentralized applications (DApps) and those that do are costly to hire. Therefore, allocating resources effectively continues to be a debilitating barrier for businesses looking to prove the return on investment (ROI) on a proposed blockchain project.
For this reason, the number of new business use cases continue to exist only conceptually. In response, several blockchain infrastructure providers are now proposing new methods for DApp deployment, many of which include a foundation on the Cloud. Consider that with well-developed APIs, businesses are given broader access to blockchain technology, even making the same resources accessible in emerging markets.
One of the projects proposing this infrastructure is Chain. Chain is recognized as a blockchain-based technology company and operates with the mission to build a smarter and more well-connected economy. As a part of this objective, the team builds cryptographic ledgers and Cloud infrastructure designed that, when deployed, has the potential to become the underpinning of future financial products and Web3 services.
Most recently, Chain has announced another addition to its portfolio, Chain Cloud. With Chain Cloud, developers are given a Cloud-based blockchain infrastructure designed to support ongoing adoption. In response to the release of Chain Cloud for developers, Deepak Thapliyal, the project’s CEO shares,
“Chain Cloud is the key to simplifying access to blockchain infrastructure for developers. Chain has predominantly focused on closed-ended, permissioned blockchain infrastructure until now. We are excited to offer this product to help jump-start innovators’ work with dedicated nodes and RPC APIs available for many of the most popular blockchain networks.”
The intent is that with the introduction of Chain Cloud, developers will now have simplified access to public blockchain networks, in turn, enabling them to demonstrate the utility of additional business use cases easily.
Where user experience meets security
In practice, Chain Cloud operates as a distributed and decentralized infrastructure protocol that enables developers to access blockchain networks at their disposal. Through a standard RPC API, many of these networks are accessible for free, empowering developers with fast, private, and secure endpoints to ensure that building new business applications is only limited by imagination.
Node services are designed to be non-custodial in nature, meaning that each user (or business) can retain control of their funds and keys. Monitoring these nodes is also made easy through the Chain Cloud App dashboard, which is a user-friendly and secure interface for developers.
Users can also benefit from deploying Protocol nodes linked to the Chain Protocol, which gives these same ones the ability to mine the XCN token. Here, users may choose to provide computing RPC resources to the community for Enterprise nodes, thereby becoming fully dedicated nodes for developers to build applications at scale.
Like other Cloud offerings, developers gain the advantage of ongoing support. With Chain Cloud as a foundation, developers become eligible for seamless updates that can occur without disrupting the applications supported by the platform. With less time to keep technology up to date, teams can focus on building applications and scaling them in response to growing demand. As a Cloud offering, teams have the added benefit of knowing that multiple regions are available and can support their applications during data center downtimes.
18 networks and counting
Currently, Chain Cloud supports 18 blockchain networks, enabling a connection point to some of the world’s most popular networks, including Ethereum, Solana, and BNB Chain. Interested developers can take advantage of these opportunities by participating in the beta program by signing up on the project’s waitlist.
Looking ahead, by Q3, the team shares that they plan to have the full public version of Chain Cloud up and running.