On 14th September, hiblocks established partnership with BaaS LAB to propel the expansion of technology of patent sharing blockchain and software tech.
Baas itself stands for ‘Blockchain as a Service,’ which is a service blockchain that utilizes blockchain-based services.
Internationally, critical information is managed by the bank or any other third party. Many have found it not easy to do verification because users need to use accredited certificate or activeX, which is complicated.
BaaS LAB provides a solution for verification and data security.
BaaSid, provided by BaaS LAB, can secure data by encoding personal data and save it in ‘decentralized’ way. With that being said, data are saved as pieces without using the central data base. The whole process ensures users data protection by preventing it to be hacked because the personal & biodata is not saved in users device. Also, verification is made easy by using instant access which does not require you to save or expose any card number, security card, ID, and biometric recognition that make it quick and safe.
Baas LAB has strong partnerships with international companies that recognize their technology.
hiblocks as social media platform can make great synergy with Baas LAB in term of the security of users’ personal data.