Stratis (STRAT) Review, Price, Market Cap and more | Coinopsy

Stratis (STRAT)

Stratis (STRAT) - Financial Platform

The Stratis team believes it is easier for businesses to maintain and develop blockchain applications in C# and by using the Microsoft .NET framework. The core idea behind Strat..
Pros Cons Related Cryptos Review Summary
Stratis's current price is $0.491 USD. In the past 24 hours, Stratis's price has decreased by -0.2 percents..
STRAT
Name (Ticker)
Stratis (STRAT)
Price (USD)
$0.49053645285396
Rank
119
Active Supply
100.0 million
Total Supply
100.0 million
Volume(24H)
765355
Market cap
49.1 million
Fun Name
Financial Platform
Website Links
Social Links
Block Explorer

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Pros

  • Scalability
  • Security

Cons

  • No backing (asset, profits, commodity)

Review

Stratis is a blockchain platform designed for real-world financial services and other organisations that want to develop applications on the blockchain. The applications can be developed in C# and can utilize the Microsoft .NET framework. Stratis aims to simplify the development process for creating blockchain applications. Stratis private chains allow for businesses to deploy their own customised blockchains without the overhead of running their own blockchain network infrastructure.

  • Stratis private chains
  • Blockchain-as-a-Service (BaaS)

Stratis wants to make it easier for businesses to employ a network with proven scalability and security, rather than having to start from zero. The created private chain can then be accessed by APIs, so that applications can rapidly be developed. Smart contracts on the Stratis network reside on sidechains and Stratis, the native currency within the Stratum Platform, will be required in order to create and fuel these blockchains.

Stratis wants to combine the advantages of cloud computing and the benefits of blockchain technology. These blockchains can then provide services as straightforward as value transfer to the execution of smart contracts. BaaS will then allow developers to test and deploy their blockchain-based applications in the cloud, without having to maintain the network themselves. The service will not only be confined to the Stratis chain and private chains. Stratis is also planning on one-click provisioning of other major blockchains, such as Bitcoin, Ethereum, Bitshares and LISK.

Summary

The Stratis team believes it is easier for businesses to maintain and develop blockchain applications in C# and by using the Microsoft .NET framework. The core idea behind Stratis is to allow for the creation of distinct, private blockchains, launched by third party organisations and tailored to their needs but secured by the Stratis blockchain, accessible via lite clients and APIs. The Stratis team will also provide consultancy services, advising companies on which features to use and how to implement them on their private blockchain.

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