An Initial Coin Offering by Stratis

Blockchain

A blockchain is the latest way of storing and transferring information. Centralized databases which have been already there in the market like financial corporations and other organizations to store customer details and record transactions are carefully guarded in which only privileged operators are allowed to make entries. But blockchain offers a radically different approach in which digital records are stored on a network of computers around the world. Instead of securing the information by restricting access, the blockchain shares information amongst all users which means any kind of dangerous activity is recognizable at earliest by ignoring that node.

Cloud Computing

It refers to the practice of sharing data and IT resources from the shared pools of resources via remote provider, rather than relying solely on the in-house hardware and software. It means resources can be allocated and paid for according to need, rather than purchased inefficiently and in advance. Almost everyone now uses cloud computing in some form, particularly for email and storage on online drives. Like the storages, servers, networks can be provided in the same manner which is Infrastructure-as-a-Service (IaaS). Similarly, Platform-as-a-Service (PaaS) comprises the delivery of development tools and frameworks, databases and execution environments and Software-as-a-Service (SaaS) allows the applications to be run from cloud via remote provider.

Stratis

Stratis is powerful and flexible blockchain Development platform designed for real-world financial services businesses and other the organizations that want to develop, test and deploy the applications on blockchain. Stratis blockchain applications can be developed in C# and can also utilize the Microsoft .NET framework. Stratis private chain allows businesses to deploy their customized blockchains without the overheads inherent in running their blockchain network infrastructure. Stratis Bitcoin Full Node and NStartis framework which are the products which Stratis is offering will be open source so that anyone can inspect it, clone/modify it and use it for their purposes.

Architecture of Stratis Bitcoin Full Node

Source: www.stratisplatform.com

Stratis: key features

• Stratis Private chains: Stratis private chains allow developer complete freedom to customize their implementation according to their specific needs, while the underpinning ‘parent’ blockchain is established enough to give users a high degree of confidence in its security
• Stratis blockchain-as-a-service (Baas): Stratis gives you the advantage of both cloud computing as well as the blockchain (distributed ledgers)
• Decentralized app hosting: Stratis specialize in providing hosting and consulting for decentralized apps on top of the Ethereum blockchain
• Bitcoin, Ethereum, LISK node provisioning: Stratis enable provision of other major platforms aside from its own, each of which has its character, community of developers and use cases
• One-click deployment: A new chains can be launched with unprecedented speed, tailored for the needs of the organization
• Fiat gateway integration: Stratis is designed with the integration of Fiat gateway to allow financial organizations to use the blockchain for transfer of existing currencies that are both readily accepted by mainstream customers and are not subject to damaging volatility