South Korean Kakao Launches Global Blockchain-as-a-Service for Enterprisesby Fintech News Hong Kong October 6, 2020
Ground X, the blockchain affiliate of South Korean mobile platform Kakao, has launched its global Blockchain-as-a-Service (BaaS) to empower enterprises and developers to build and operate blockchain services.
KAS, short for Klaytn API Service, is the Blockchain-as-a-Service to utilise Klaytn, the public blockchain platform developed by Ground X. KAS provides a set of Application Programming Interfaces that streamline the process of building and operating blockchain applications in a cloud environment.
Developers can use the Klaytn network without installing a separate node to reduce development cost and period.
Aimed at speeding and simplifying enterprises’ journey to using Klaytn, KAS can be utilised across all industries, catering to a wide range of audiences, from micro startups to enterprise divisions. With KAS, developers can build applications to meet the needs of various sectors including finance, security, games, and more.
Further, customers can benefit from zero transaction fees, which are covered by Klaytn on behalf of all developers and service providers that run applications on Klaytn. In this way, developers would purportedly be able to deploy or execute smart contracts at no cost.
Ground X also released its technical documentations. The newly updated KAS Docs and Klaytn Docs explain guides and tools with tutorials, with a mission to help developers easily use and adapt to Klaytn.
Featured APIs in Ground X’s BaaS
Ground X’s BaaS features a few APIs and one of it is the Klaytn Node API can store and browse blockchain data in the Klaytn network without installing the Klaytn Endpoint Node.
Other than that, the Token History API that browses and confirms token information and transaction details is also available.
Additionally, the Wallet API can easily implement a blockchain wallet to manage accounts, transactions, and personal keys, with the help of Ground X’s uniquely developed Key Management System.
Lastly, the Anchor API improves data stability and transparency by regularly saving private blockchain data on the Klaytn mainnet.
Jason Han, the CEO of Ground X said,
“We designed our global BaaS to help developers build blockchain applications with reduced time and resources. Further, developers can operate applications on Klaytn for free at no cost. We hope that KAS can be used towards driving the mass adoption of blockchain experience for millions of users across the globe.”