Baliola
Baliola builds blockchain infrastructure (Mandala Chain, the first Polkadot Parachain in Southeast Asia) and a BaaS platform (MAC Fabric) for Indonesian government agencies and enterprises. It monetizes via fixed annual IDR SaaS licensing, serving verticals including public sector, healthcare, identity, and sustainability.
- Company typePrivate
- Founded2021
- HeadquartersBadung, Indonesia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Baliola does
Baliola (legally PT Baliola Adi Maha Duta) is an Indonesian blockchain technology company founded in 2021 and headquartered in Bali, operating as a private company with 11-50 employees. Its technical foundation is Mandala Chain, the first Polkadot Parachain in Southeast Asia, which provides a two-layer architecture (Mandala L1 and Madya Mandala L2) with EVM runtime, GRANDPA/BABE consensus, and W3C DID/VC support. On top of this base, Baliola operates Mandala Application Chain (MAC) Fabric, a 3-layer plug-and-play blockchain-as-a-service platform that separates data sovereignty from integrity verification via KYB-validated validators and Proof of Validity Consensus, delivered as fixed annual IDR-licensed SaaS without cryptocurrency exposure on customer balance sheets.
The company monetizes through subscription-based enterprise and government software licenses, professional services tied to its Cyber Trust Maturity Framework (CTMF) consulting, and product-specific revenue streams (Medisa healthcare, Kraflab creative authentication, Sustainix ESG verification, E.Id digital identity). Distribution combines enterprise field sales, the Indonesia E-Catalogue for government procurement, AWS Marketplace, and white-label/embedded partnerships across its portfolio. Named customers and partners include Indonesian government entities (Bappenas, BRIN, BSSN, EKRAF, Diskominfo) and enterprises (Telkom Indonesia, AWS), with no disclosed funding rounds or revenue. Baliola holds ISO 9001 certification, registered copyrights for Mandala Chain and MAC, and has won multiple 2024-2025 regional and global startup awards.
Baliola firmographics
Firmographics- Name
- Baliola
- Legal name
- PT Baliola Adi Maha Duta
- Website
- https://baliola.io
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Baliola builds blockchain infrastructure (Mandala Chain, the first Polkadot Parachain in Southeast Asia) and a BaaS platform (MAC Fabric) for Indonesian government agencies and enterprises. It monetizes via fixed annual IDR SaaS licensing, serving verticals including public sector, healthcare, identity, and sustainability.
- Ownership category
- akta.pro rank
Baliola industry classification
Industry- Product category
- Enterprise Blockchain Infrastructure
- NAICS
- Software Publishers (5132)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)
- akta.pro secondary industries
- Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Identity, Credentials & Permissioning for Enterprises (DID/VC, access control, attestations) (FSAPAIAG), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)
Keywords
Where Baliola is headquartered
LocationHeadquarters
- HQ city
- Badung
- HQ country
- Indonesia
- HQ region
- Asia
Offices4 records
Markets served
Baliola business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Blockchain-as-a-Service (BaaS) Licensing: MAC Fabric operates on a fixed annual SaaS license model denominated in IDR. No crypto required on balance sheet. Provides data integrity verification services to enterprises and government institutions.
- Enterprise Software Licenses: Mandala Application Chain and Mandala Chain provide enterprise-grade blockchain infrastructure licensing. MAC is available through Indonesia E-Catalogue for government procurement.
- Platform Subscriptions: Sustainix platform operates on subscription and verification-based revenue model for sustainable business operations supporting green certification services.
- Professional Services: CTMF consulting, implementation, and assessment services for organizations undergoing digital trust transformation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | MAC Fabric Annual License |
| Usage-based | Pay-as-you-go | Public Blockchain Comparison |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Baliola product offering
Product offeringCore offering
Baliola develops and sells enterprise blockchain infrastructure and applications built on its Mandala Chain Polkadot Parachain. Its flagship offering is the Mandala Application Chain (MAC) Fabric, a plug-and-play Blockchain-as-a-Service platform that allows governments and enterprises to anchor data integrity proofs on-chain while retaining raw data sovereignty. On top of this infrastructure, Baliola delivers vertical applications including Medisa (blockchain-based electronic medical records and AI voice transcription), E.Id (self-sovereign digital identity), Kraflab.id (creative product authenticity), and Sustainix (sustainability certification).
Product overview
Baliola is a blockchain technology company specializing in digital trust solutions for governments and enterprises. The product portfolio centers on the Mandala Chain infrastructure (core blockchain with Polkadot Parachain architecture) and Mandala Application Chain (MAC, an enterprise blockchain-as-a-service platform). Above this infrastructure, Baliola offers vertical applications including Medisa (blockchain-based healthcare with EMR and AI voice transcription), E.Id (self-sovereign digital identity), Kraflab.id (product authenticity certification), and Sustainix (sustainability verification). All solutions are designed around the Cyber Trust Maturity Framework principles of verifiable, trustless digital systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Mandala Application Chain (MAC) A plug-and-play blockchain-as-a-service platform designed for government and enterprise adoption that enables rapid setup of private, purpose-built blockchain networks. MAC provides verifiable institutional trust through mathematical data integrity proofs, REST-based Application Chain Interface (ACI), and Account Abstraction so existing systems can connect without blockchain expertise. Reduces verification time by 99%, eliminates undetected internal tampering, and offers fixed annual IDR licensing with 100% budget predictability.
- Mandala Chain Core blockchain infrastructure built on Polkadot Parachain architecture providing a secure and scalable network for enterprise-grade applications. Features a two-tier structure (Mandala L1 and Madya Mandala L2) for enhanced scalability and efficiency, EVM runtime, GRANDPA/BABE consensus, and SHA-256/Ed25519 cryptographic hashing. Inherits Polkadot's cross-chain communication and security model.
- Medisa EMR A blockchain-based electronic medical records system that empowers patients with true ownership of their health data, ensures privacy, provides a single source of truth, and enables seamless secure data sharing between healthcare providers. Designed for clinics and hospitals that need interoperable, auditable patient records.
- Medisa Voice A trustworthy AI tool for medical professionals that leverages on-chain model validation so every recommendation is transparent and auditable. Provides real-time speech-to-text transcription of doctor-patient consultations in multiple languages including English, Bahasa Indonesia, Balinese, Javanese, and Sundanese, allowing clinicians to focus on patients while Medisa handles documentation.
- E.Id A self-sovereign digital identity system that gives citizens control over their data while simplifying access to public services. Built on W3C Decentralized Identifier (DID) and Verifiable Credentials (VC) standards with a Trust Level System for privacy-preserving identity verification.
- Kraflab.id A platform that certifies the authenticity of creative products by linking physical items to digital identities on the blockchain, providing irrefutable proof of ownership and origin. Designed to combat intellectual property theft and counterfeiting for creators and creative-economy brands.
- Sustainix A digital platform for building verifiable sustainability certification (Green Certificate) systems that are publicly verifiable, digitally trackable, and systemically trusted. Helps businesses comply with environmental policies and verify sustainable practices, supporting ESG reporting and anti-greenwashing use cases.
Quantifiable outcome
- 99% reduction in verification time - days of manual cross-checking now take seconds
- +3 more outcomes
Companies that use Baliola
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Baliola technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Baliola partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, minor and major.
- AWS Startup ProgramcoreAWS provides cloud infrastructure support through the AWS Startup Program, enabling Baliola's blockchain services to be deployed on scalable cloud infrastructure.
- PolkadotcoreBaliola developed the first Polkadot Parachain in Southeast Asia (Mandala Chain), providing secure and scalable blockchain infrastructure connected to the Polkadot Relay Chain with inheritance of strong security model and cross-chain communication capabilities.
- BBC (Bali Blockchain Center)coreBaliola is a member of the Bali Blockchain Center ecosystem, collaborating on blockchain innovation and maintaining incubator representation at BBC's facilities.
- Bali Tech StartupcoreBali Tech Startup organized the Startup World Cup Bali regional competition which Baliola won, representing a key partnership for startup ecosystem development.
- Mandala Blockchain AcademyminorPartnership for blockchain education and training programs, collaborating on talent development and certification for blockchain professionals.
- E.IdcoreE.Id is Baliola's self-sovereign digital identity system product, providing citizens control over their digital identity through verifiable credentials.
- MedisacoreMedisa is Baliola's healthcare subsidiary offering blockchain-based electronic medical records (EMR) and AI-powered healthcare solutions (Medisa Voice).
- KraflabcoreKraflab.id is Baliola's platform for authenticating and certifying creative products using blockchain technology to combat counterfeiting.
- UKP (Usaha Keamanan Pariwisata)majorIndonesian tourism security enterprise collaborating with Baliola on digital trust solutions for the tourism sector.
- BSSN (Badan Siber dan Sandi Nasional)majorIndonesia's National Cyber and Crypto Agency partnering on cybersecurity and digital trust initiatives.
- BRIN (Badan Riset dan Inovasi Nasional)majorNational Research and Innovation Agency collaborating on blockchain research and innovation projects.
- BappenasmajorMinistry of National Development Planning collaborating on digital infrastructure development.
- EKRAF (Ekonomi Kreatif Indonesia)majorIndonesia Creative Economy Agency collaborating on digital solutions for the creative economy sector, including hackathon partnerships.
- Telkom IndonesiamajorMajor Indonesian telecommunications company partnering on technology integration and distribution.
- IBS (Indonesia Blockchain Society)minorIndonesian blockchain industry association member supporting blockchain ecosystem development.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Baliola competitors and assessment
Company assessmentDirect peers
- Klaytn: Asia-focused enterprise blockchain (originated from Line/Kakao) offering a permissioned-style mainnet with service chains for enterprise and government use cases. Comparable regional competitor to Mandala Chain in serving SEA public-sector and enterprise clients.
- Avalanche (Subnets): Provides customizable subnets that let enterprises and governments launch permissioned appchains with their own validators. Comparable to MAC Fabric's plug-and-play institutional chain model.
- Concordium: Permissioned blockchain with built-in identity layer (W3C DID/VC) and regulatory compliance by design. Highly comparable to Mandala Chain's identity-and-compliance positioning and Baliola's E.Id self-sovereign identity product.
- Polygon Labs (Polygon Supernets / Polygon Edge): Provides sovereign/appchain infrastructure (Supernets, Polygon Edge) that lets enterprises and governments launch their own chains. Comparable to Baliola's Mandala Application Chain as an enterprise-focused sovereign-chain offering.
- ConsenSys (Quorum / Linea): Develops enterprise-grade Ethereum-based infrastructure (historically Quorum) for permissioned consortia. Comparable to Mandala Chain in offering enterprise-aligned tooling (Account Abstraction-style UX, privacy) and institutional partnerships.
- Hedera Hashgraph: Public-permissioned distributed ledger with enterprise-grade governance (council-led) used for supply chain, identity, and tokenization. Comparable to Baliola in offering deterministic finality and governance-based trust for institutional clients.
- VeChain: Enterprise blockchain focused on supply chain traceability, product authentication, and sustainability verification. Comparable to Baliola's Kraflab and Sustainix use cases (product authenticity and green certificates) as well as its enterprise/government GTM.
- R3 Corda: Permissioned distributed ledger platform purpose-built for enterprises and regulated industries, with strong traction in financial services. Comparable to Baliola in targeting institutional and government-grade use cases with privacy-preserving architecture.
- Hyperledger (Linux Foundation): Foundational permissioned enterprise blockchain framework (Fabric, Besu, Sawtooth) used by governments and enterprises globally. Most directly comparable to Baliola's Mandala Chain and MAC Fabric as a permissioned infrastructure stack for institutional data integrity.
Emerging players
- Zeeve: Enterprise Blockchain-as-a-Service provider offering managed nodes, appchain deployment, and integrations across multiple chains including Polkadot. Comparable to MAC Fabric's plug-and-play institutional deployment model for enterprises without deep blockchain expertise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Baliola social profiles
Digital presenceBaliola compliance and trust
Trust signalCompliance1 record
Baliola financial estimates
Financial estimateRevenue estimate
Valuation estimate
Baliola leadership team
Management profileNumber of profiles
Profiles5 records
Baliola funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Baliola M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Baliola
What does Baliola do?
Baliola develops and sells enterprise blockchain infrastructure and applications built on its Mandala Chain Polkadot Parachain. Its flagship offering is the Mandala Application Chain (MAC) Fabric, a plug-and-play Blockchain-as-a-Service platform that allows governments and enterprises to anchor data integrity proofs on-chain while retaining raw data sovereignty. On top of this infrastructure, Baliola delivers vertical applications including Medisa (blockchain-based electronic medical records and AI voice transcription), E.Id (self-sovereign digital identity), Kraflab.id (creative product authenticity), and Sustainix (sustainability certification).
Is Baliola a public or private company?
Baliola is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Baliola founded?
Baliola was founded in 2021. It employs 11 to 50 people.
Where is Baliola based?
Baliola is headquartered in Badung, Indonesia, in the Asia region.
How does Baliola make money?
Four revenue lines are on record. Blockchain-as-a-Service (BaaS) Licensing is the primary driver. The others are enterprise Software Licenses, platform Subscriptions and professional Services.
Who are Baliola's main competitors?
Direct peers on record are Klaytn, Avalanche (Subnets), Concordium, Polygon Labs (Polygon Supernets / Polygon Edge), ConsenSys (Quorum / Linea), Hedera Hashgraph, VeChain, R3 Corda and Hyperledger (Linux Foundation). Zeeve is listed as an emerging player.
Does Baliola have an API?
Yes. MAC provides a REST-based Application Chain Interface (ACI) that allows existing enterprise systems to connect without requiring blockchain expertise. The API enables standard web applications to interface with MAC Fabric, allowing organizations to anchor data integrity proofs to the blockchain while keeping raw data on their own servers. The system uses Account Abstraction to eliminate the need for users to manage wallets, seed phrases, or crypto knowledge. Developer documentation is at docs.mac.baliola.io/en/docs.
What industry is Baliola in?
Baliola's product category is Enterprise Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAB, Consortium Networks & Governance (network setup, onboarding, rules, node operations). Its NAICS code is 5132 and its SIC code is 6199.