BaaSid (BAAS)
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About BAAS
BaaSid is a decentralized Blockchain-as-a-Service (BaaS) platform that provides secure identity verification, decentralized data storage, and encrypted credential management. It replaces centralized PKI and traditional databases with split-and-distribute encryption, storing data fragments across a blockchain network with no original copy. Key features include blockchain-based 2FA/MFA, a decentralized vault for sensitive files and credentials, integration-ready APIs for payment and identity services, and enterprise-grade DACs for governments and corporations. The BAAS token powers transactions and access across the ecosystem.
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Frequently Asked Questions about BaaSid
What is BaaSid?
BaaSid is a Blockchain-as-a-Service (BaaS) platform offering decentralized identity, data storage, and authentication tools. It uses split-and-distribute encryption and blockchain-anchored 2FA/MFA to eliminate centralized data risks.
What is the utility of the BAAS token?
The BAAS token is used across the BaaSid ecosystem for authentication services, storage transactions, and API-based integrations. It powers services like NFT marketplaces, document vaults, and identity management tools.
Which wallets can I use to store BAAS?
BAAS is an ERC-20 token on Ethereum, so you can store it in any Ethereum-compatible wallet, including Bitcoin.com Wallet, MetaMask, Trust Wallet, Coinbase Wallet, Ledger, or Trezor.
Where can I trade BAAS?
BAAS is available on several centralized exchanges, including P2B, Coinone, IndoEx, Bibox, and Bittrex. It is typically traded against USDT, KRW, or BTC.
How does BaaSid ensure data security?
BaaSid encrypts data, fragments it via a split engine, and stores the shards across decentralized nodes. It deletes the original file after encryption to eliminate single points of failure, making it tamper-resistant and censorship-proof.
Can I integrate BaaSid into my application?
Yes. BaaSid offers a full BaaS API suite and SDK (Pistis) for integrating identity verification, credential storage, and blockchain-based payments into Web2 and Web3 applications.
What are some of BaaSid’s commercial use cases?
BaaSid powers decentralized ID systems, 2FA authentication deployments (e.g., with Hitachi Sunway), an open NFT marketplace, user-owned data vaults, and Web3-enabled enterprise data banks for personalized analytics.
Is there a supply limit on BAAS tokens?
Yes. The total and max supply of BAAS is capped at 10 billion tokens, with 7.4 billion currently in circulation.