Stratis is a decentralized blockchain platform tailored for building applications with the use of familiar programming languages like C# and .NET. Its primary goal is to simplify the blockchain development process for businesses and organizations while offering robust security and scalability.
Stratis operates on a blockchain development platform using a Proof-of-Stake (PoS) consensus mechanism, which is more energy-efficient compared to traditional Proof-of-Work (PoW) systems. It supports smart contract development in C#, employs sidechains for scalability and privacy, and allows for interoperability with other blockchain systems, facilitated by Stratis InterFlux.
Stratis offers applications across various sectors:
Stratis was founded in 2016 by Chris Trew with the aim to streamline blockchain development. It conducted an ICO in 2016, raising substantial funds to support its development. Initially built on the Bitcoin blockchain, it transitioned to its own blockchain in 2020, rebranding its native token to STRAX. Stratis has continuously evolved, offering a robust Blockchain-as-a-Service (BaaS) platform and securing notable partnerships to enhance its offerings.