Introduction
the Stratis BaaS platform is for financial service providers and other enterprises to test, develop and deploy blockchain-based applications in a way that avoids the overhead and security concerns of operating their own networks. To do so, Stratis offers businesses the opportunity to run permissioned, private sidechains that interact with its primary chain, as well as to host , launch smart contracts and utilize various privacy and identity verification tools. Its whitepaper argues that this approach gives enterprises the freedom to completely customize their platforms without the limitations of relying on a major blockchain, such as Bitcoin or (ETH).
Stratis has announced business partnerships with companies such as software giant , technology markets intelligence firm , and pharmaceutical blockchain development company , among . In addition, it has professional athletes as a way to raise awareness of the platform.
With the launch of its new STRAX-based blockchain in November 2020, Stratis an updated development roadmap for the end of 2020 and the first half of 2021. It includes interoperability with Ethereum, an Internet of Things software development kit, a software library, the launch of a , and more.