Stratis (STRAX) ia a Blockchain-as-a-Service (BaaS) platform that was launched in 2016 by Chris Trew. The primary use case for the project is to help existing businesses implement blockchain systems into their business architecture, a process that is both time consuming and expensive.
With blockchain technology being relatively new, the amount of financial, human resource and time investment in developing the systems required. This is especially true for small and medium businesses, which lack the resources of larger companies, which can more easily develop these systems. However, it is precisely small and medium businesses that require the advantages of blockchains in order to compete with bigger companies.
Developed in C#, Stratis is trying to make blockchain development as accessible as possible for these resource-strapped small and medium businesses by giving them the tools to create end-to-end blockchain solutions.
Stratis has already many of its development milestones following its ICO in mid-2016. This includes the launch of Stratis academy, an educational portal that covers development on Stratis; Stratis sidechains, which lets developers build sidechains for businesses to run their operations on; smart contracts in C#, one of the most popular programming languages in the world; and an ICO launch platform for businesses to launch their very own tokens.
The team released their roadmap for 2019, the upcoming goals for which are numerous and varied. There are two major objectives that have been detailed: increased adoption and utilization of the Stratis token. Goals include implementing a Proof-of-Stake consensus algorithm on sidechains, a Stratis Security Token Offering (STO) platform, mobile wallets for both Android and iOS, a payment gateway for third parties to integrate with, and the release of Stratis Core 2.0, which will bring numerous enhancements and features.