Gelato, a leading blockchain development platform, has introduced a blockchain-as-a-service (BaaS) product on Avalanche to streamline the process of launching sovereign blockchains. This initiative is aimed at reducing both the time and expenses involved in blockchain deployment, particularly for businesses seeking tailored solutions.
The company, which has previously collaborated with notable names like Kraken and Animoca Brands, is now emphasizing enterprise blockchain adoption. With this new service, businesses can build independent blockchains quickly and benefit from interoperability through Avalanche InterChain Messaging (ICM). The offering is especially advantageous for fintech companies requiring Know Your Customer (KYC) protocols and gaming platforms that operate with customized economies.
Simplified Blockchain Deployment with Rollup-as-a-Service
According to Gelato’s CEO, the process of creating a blockchain was traditionally complex and costly. The company’s rollup-as-a-service (RaaS) solution now offers an easier alternative, managing tasks such as deployment, upgrades, and scalability. By providing a one-click solution for launching layer-1 (L1) blockchains on Avalanche, Gelato aims to make blockchain adoption as seamless as using traditional cloud infrastructure services like AWS.
The new product eliminates the requirement for businesses to stake AVAX tokens, making blockchain deployment even more accessible. This added flexibility allows enterprises to launch their own blockchain networks with minimal barriers.
Paradigm Shift in Blockchain Infrastructure
A representative from Ava Labs characterized this innovation as a paradigm shift in blockchain infrastructure. By allowing applications to function on dedicated blockchains, Gelato’s offering promotes scalability and customization. Avalanche’s current status as the 10th largest blockchain network, with a total value locked (TVL) exceeding $1.1 billion in its DeFi ecosystem according to DefiLlama, further supports the viability of such advancements.
This move by Gelato marks a significant milestone in enterprise blockchain adoption. By providing simplified solutions for companies to integrate blockchain technology, the platform is accelerating the transition of traditional industries into the digital economy.
Addressing Institutional Adoption Challenges
As more financial institutions explore blockchain solutions, the demand for stable and secure infrastructure has increased. Gelato’s CEO emphasized that institutions will remain hesitant to adopt blockchain if they perceive it as experimental or unreliable. Trustworthy and scalable solutions are essential to gain the confidence of governments, large corporations, and financial firms.
With blockchain adoption reaching a pivotal moment, the reliability of platforms like Gelato will play a critical role in driving institutional participation in the sector.
Major Brands Already Leveraging Gelato’s Platform
Prominent companies such as eBay and Fox News have already adopted blockchain solutions using Gelato’s platform. Their engagement highlights the platform’s capabilities in providing efficient and scalable blockchain infrastructure.
As Gelato continues to enhance blockchain accessibility for businesses, its blockchain-as-a-service model on Avalanche is expected to contribute to the broader adoption of decentralized technology across various industries.
