Stratis is a cryptocurrency that was established in 2016.
It operates on a blockchain platform and offers decentralized solutions to businesses and organizations.
Stratis aims to simplify blockchain technology and make it more accessible to the masses.
The cryptocurrency is based on the proof-of-stake consensus algorithm, making it more energy-efficient compared to other cryptocurrencies like Bitcoin.
Stratis offers a variety of services such as smart contracts, decentralized apps (dApps), and tokenization.
The Stratis blockchain platform is designed for organizations to create their own blockchain solutions in a cost-effective and secure manner.
Stratis also offers a sidechain solution that enables organizations to launch their own private blockchain.
The Stratis cryptocurrency token (STRAT) is used to access these services and as a means of payment for businesses and developers.
STRAT tokens can also be used for staking, which earns the holder rewards for participating in the network's consensus process.
Stratis has a strong community of developers and partners who contribute to its growth and development.
The company has collaborated with organizations in various industries such as finance, healthcare, and real estate.