Blockchain technology can be defined as a distributed ledger that offers levels of decentralization and trustlessness. Stratis has focused on delivering an Enterprise Blockchain Solution developed in C# on the Microsoft .NET Core Framework. Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework. Organizations that solely develop their product offerings or internal line-of-business applications with Microsoft technologies can integrate and support with ease using the same development tooling.
At its simplest, the blockchain is a digital ledger stored on a network of computers worldwide. Instead of securing information by restricting access, the blockchain shares data amongst all users that adhere to the protocol. For example, ownership of funds is cryptographically verified. The system’s total transparency and mutual ownership means that a bad actor is immediately recognizable as such. Any transactions submitted by such a malicious node are ignored.
The decentralized structure of the blockchain brings several key features in contrast to traditional centralized approaches:
Anyone can track the movement of funds from one account to another.
Once confirmed, a transaction cannot be reversed, and no one can compromise a confirmed transfer.
Transaction fees are minimal and determined upfront by the sender.
Funds can be sent as quickly to someone on the other side of the world as they can to someone in the next room.
Due to the flat and transparent nature of the blockchain, transfers show up almost instantly and are typically confirmed in seconds rather than minutes, hours or days.
Bitcoin is the first legitimate implementations of a fully decentralized cryptographic currency secured by blockchain technology. The release and success of Bitcoin has led to a plethora of further development within the blockchain space, leading to the first implementation of Smart Contracts and the acceptance of blockchain as a valid distributed ledger technology.
Our solutions are unique from other consultancies as they are based on Stratis’ own blockchain platform, which is built using C# and. NET. This means that when our team creates a solution, they are working with technology they know inside out and have helped to design and build. The modular nature of Stratis Blockchain technologies means that we can pick and mix from the tried and tested features when building a solution.
If we are working with a client’s developers and they are fluent in C#, it already gives the solution a head start. The client’s developers will learn our enterprise-ready blockchain in a language they are already familiar with, which will have a knock-on effect when it comes to maintaining and upgrading the solution in the future.
Our team of blockchain developers has a strong track record across a wide range of enterprise sectors, including banking, pharmaceuticals, logistics, telecommunications, and media. We have leading experts on board to provide specialist knowledge across every advance in blockchain, from end-to-end implementations and feasibility studies to smart contract auditing and review and core technology support. Our mission is to educate and highlight the benefits of blockchain technology. We provide more than a blockchain platform; we work with organizations, c-suites and developers to help them understand how blockchain technology can deliver business benefits. This is achieved by applying fundamentals to familiar business processes, enabling our customer(s) to gain a genuine understanding by introducing blockchain technology concepts in a known environment. Our methods are tried and tested through our internal development team’s upskilling and roundtables with partners and their clients.
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