STRAX
Stratis
$0.00000000AUD
Market Cap
216.4M AUD
24H Trade Vol.
133.5M AUD
Total Supply
1.7B
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24H:
0.00%
7D:
+0.00%
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AUD
≈ 0.00000000 STRAX
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Buy Stratis (STRAX)

What is Stratis?

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.

How does Stratis work?

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.

What are the potential use cases for Stratis?

Stratis offers applications across various sectors:

  1. Financial Services: Secure blockchain solutions for identity management and secure data sharing.
  2. Supply Chain Management: Provides transparent tracking systems for goods, ensuring authenticity and reducing counterfeiting.
  3. Healthcare: Enhances data security and interoperability for patient records sharing.
  4. Internet of Things (IoT): Facilitates integration of IoT devices for smart building solutions.

What is the history of Stratis?

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.

Frequently Asked Questions (FAQs)