BaaSid is a blockchain-based data service provider which primarily provides Decentralized Data Storage & Security Authentication solutions for entities and corporations. It also launched a series of services, including a data exchange platform, NFT marketplace, etc., for expanding its business.
The main products of BaaSid include Soteria Space (File Management/Store), Soteria (API Integration Module), and Pistis (Multi-Factor Authentication).
Soteria Space is a blockchain-based file management and storage tool. It is BaaSid's B2B Cloud Service product.
Soteria Space primarily has three functions, File Management, File Access Control, and File tracking functions. They help corporations easily and safely manage and store data.
In addition, Soteria Space uses Multi-layer Encryption Technology and Multi-Factor Authentication to maintain the security of the data.
Soteria is the data storage API integration module developed by BaaSid for enterprises. It can connect BaaSid’s decentralized data storage system to different applications. Soteria API supports different development environments.
First, users save data on the front-end applications. Then, Soteria API will integrate the data into the back-end for storage.
Pistis is a blockchain-based MFA (Multi-Factor Authentication) system. It verifies identities through multiple biometric authentications, such as fingerprint, face ID, or iris recognition.
Pistis can help enterprises maintain data storage security and prevent data manipulation.
$BAAS is the Ethereum-based utility token of BaaSid which can be used as a payment method within BaaSid's data exchange platform. It will be expanded to BaaSid's other launched services in the future according to the disclosure.