Blockchain Startup ‘Stratis’ Raises $100K via Bitcoin Crowdfund

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UK Blockchain company Stratis has raised USD$100,000  from investors, with plenty of time left to run on its crowdfund.

“Blockchain is a game changer but there is still a real need to lower the barriers to entry so that more people can get involved with the technology, discover it’s utility and ultimately be able to compete in a changing marketplace,” said  Chris Trew, Founder, Stratis

Stratis aims to build a unique Blockchain Development Platform that can accelerate and simplify the process for organizations wishing to develop Blockchain apps.

The Stratis platform will provide an off-the-peg solution for the creation and management of Blockchains in minutes. Users will be able to customise their own private chains, which will then be secured on Stratis ‘parent’ chain – tokens can be moved between the parent chain and child chains via a two way peg solution. In this way Stratis will significantly simplify the development process for creating Blockchain applications and lower the barriers to entry for smaller organisations, enabling them to stay ahead of the curve.

Architectural integrity is extremely important to Stratis, which aims to develop a Bitcoin full node framework in C# and the Microsoft .NET framework. A full node built from the trusted and proven architecture of Bitcoin will create a solid foundation for the service, something that has been missing in private chain projects to date. In addition, choosing to develop in C#, an alternative to Bitcoin’s C++ and a more popular programming language for business applications, will prove beneficial for the whole industry since it will bring more developers into the community. Stratis are pleased to have the expertise of Bitcoin developer Nicolas Dorier on the team.

Participants in Stratis ICO will receive Stratis tokens, which can be used to fuel the Stratis Blockchain and also the private chains (side chains) that will be part of the Stratis network. Stratis tokens can also be used as a payment method for the decentralised app hosting functionality and the Blockchain-as-a-service functionality built into Stratis.

Our company is primarily focused on Blockchain provisioning for the business community in an increasingly digital economy.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.