Stratis, the leading Blockchain as a Service (BaaS) platform making it easy for companies of all sizes to adopt DLT, has announced a significant development that could potentially make it a formidable force in the field of blockchain solutions for businesses. The platform has received an initial investment and a commitment to continue investing at least a few million over the next two years from Alphabit – an investment fund for digital assets.
The Stratis platform is known for its ability to provide blockchain solutions that work seamlessly with the existing IT infrastructure. This unique feat is achieved by using the widely used C # programming language to develop blockchain features, including smart contracts, multiple sidechains, and even a full ICO platform.
Chris Trew, CEO of Stratis, announced the news: “We are very excited to partner with Alphabit, one of the world’s first regulated digital asset mutual funds. Alphabit’s first injection, coupled with their continued investment commitment, will undoubtedly help accelerate the adoption of Stratis Technologies and establish Stratis as the go-to place for Microsoft.NET blockchain development. “
With over $ 1 billion in assets under management, Alphabit has a keen interest in blockchain projects that deliver turnkey solutions. The fund identifies such projects and not only invests in them, but also supports them in end-to-end partnerships and more for sustainable growth and expansion. With the arrival of Alphabit and its digital asset mutual fund, Stratis can quickly scale its offerings so that mainstream companies can use blockchain in their day-to-day operations.
In a statement, Alphabit CEO Liam Robertson said, “The Stratis protocol, when analyzed, fits our investment thesis right and we believe the growth potential for Stratis is exponential. We are very excited to welcome Stratis to our portfolio and look forward to supporting them in the months and years to come. ”
Some of the products offered by the Stratis protocol include Stratis Identity – a decentralized KYC and AML check solution, Supply Trust – a turnkey solution for transparent and trustless supply chain management, a fully compliant STO platform for issuing digital securities via tokens – Offers and Stratis Smart contracts were developed in the industry standard Microsoft C # language.
Alphabit’s initial investment, as well as an ongoing commitment to provide additional funding over a two-year period, demonstrate Stratis’ potential to add infinite value to its B2B blockchain solutions. As more and more companies examine the possibility of implementing decentralized technologies in their operations, Microsoft.NET and C # -based blockchain solutions will fit right into their existing infrastructure and Stratis will simplify the entire process considerably.
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