BaaSid is one of the biggest and most exciting projects to be launched in April 2018. BaaSid stands for “Blockchain as a Service for ID.” Their platform aims to revolutionize the way that data is stored and protected online.

Currently, every major data hosting and protection service utilizes a centralized database. Centralized hubs of information are outdated and prone to hacking, overflooding, and other disruptive events. This can become a problem for corporations like Facebook and Google where millions of users upload their sensitive information online.