BaaS (Blockchain-as-a-Service) market is heating up.

An avalanche of companies eager to cash in on blockchain technology. Let's take a look.

In one of the most significant and positive news for May, Microsoft has announced a strategic partnership with JP Morgan pushing enterprise adoption to the next level. As per this partnership, Microsoft will be adapting JP Morgan's " Quorum" as the preferred Blockchain for Azure Cloud platform.

Source: The BlockQuorum an enterprise adoption of Ethereum, designed keeping in mind of high speed and high throughput processing of private transactions within a permissioned group of known participants. Quorum is a permissioned variant of the go-Ethereum client (geth) developed through JPMorgan's partnership with the Ethereum Enterprise Alliance designed especially for financial service Industry.

By partnering with Azure, Microsoft's cloud computing clients will have access to Quorum tools and technology. As per the agreement, Quorum will become the first distributed ledger platform available through Azure Blockchain Service, enabling JP Morgan and Microsoft customers to build and scale blockchain networks in the cloud.

Apart from being a ready-to-use blockchain platform for third-party enterprises, Quorum will also help to power JPMorgan and MS own blockchain programmes and DApps, such as the Interbank Information Network, JPM Coin and Microsoft's Xbox royalty payment process among others.

It's been rumoured that Microsoft went ahead with the partnership as the first step to be the most significant player in BaaS. Blockchain-as-a-Service (BaaS) is the combination of blockchain and cloud computing is considered to be the rising star in the business world. To make it simple, BaaS is a third-party service provider who will install and maintains blockchain networks.

Recently Amazon Web Service announced its entry to the market via its Managed Blockchain service. So is IBM who is pushing its Bluemix cloud platform alongside its Hyperledger Fabric blockchain.

Another larger player who is pushing for enterprise adaption is Aelf. Recently Aelf has Officially Released Enterprise Beta 0.7.0 which is touted as " the next evolution of blockchain tailored for developers".

Apart from releasing Enterprise Beta 0.7.0, Aelf was also in the news for the inauguration of the Innovation Alliance.

Similar to JP Morgans Interbank Information Network, Aelf Innovation alliance is aimed at creating a coalition of large international blockchain players who can help fast-track the road to blockchain adoption for organisations from start-ups to large corporations. These partners will provide advisory support, valuable resources, industry insight and experience to all businesses that have an interest in the exploration and adoption of blockchain technology.

To Summarise, Microsoft, Amazon, aelf etc and making the right moves helping to fasten Enterprise level adaption. This is just the beginning and soon we will be coming across more news of more massive Enterprise level adaption fueled by the likes of Aelf, Amazon and all.

Disclaimer: This article is not intended as investment advice. You should always do your research and invest your capital wisely. I don't own the token, neither will I be rewarded in any way for writing this article.