Stratis is a Blockchain-as-a-service Platform.
- What is Stratis?
Stratis is a powerful and flexible Blockchain Development Platform designed for the needs of the real world financial services businesses and other organisations that want to develop, test and deploy apps on the blockchain. Stratis significantly simplifies the development process for creating Blockchain applications and accelerates the lifecycle for Blockchain development projects. Stratis private chain allows businesses to deploy their own customise blockchain without the costs of running their own blockchain network infrastructure.
The vision of the Stratis platform is to become a one-stop shop for all blockchain things, mostly becoming a blockchain-as-a-service (BAAS) platform. Technology-wise, it is a clone of Bitcoin’s core code, with a few enhanced features and written in C# language instead of C++.
- How was Stratis (STRAX) Launched?
Founded in 2016, Stratis is headquartered in the United Kingdom. Above all, Stratis strives to develop blockchain-based solutions for enterprises, with the goal of making the technology ‘simple’.
The outgoing Stratis blockchain, and its associated STRAT tokens, was replaced with the STRAX blockchain and STRAX tokens in 2020.
Other key upgrades afforded by STRAX include, but are not limited to,
- Ethereum interoperability
- Revamped block-times and block-rewards
- Who are the Team Members behind Stratis?
The team is based in the United Kingdom but has a decentralized structure with members spreading across the world. Several people on their management team are well-versed in enterprise software development using .NET and C# – a positive sign considering those are the project’s two primary languages. Chris Trew, the founder and CEO, has over 10 years of experience in enterprise IT and was a volunteer developer for the Blitz project. Stratis is competing against other BaaS projects in an increasingly saturated but gigantic space.