Stratis Quarterly Update

This bumper-update incorporates key internal development updates along with key information relating to Stratis Technologies and its partners. A significant amount of focus has been placed on bringing value to our public blockchain solutions, specifically the Cirrus Token associated with the Cirrus Sidechain. This of course inherently brings a benefit to the Stratis Token.

Stratis public blockchain offerings play a significant role in providing a level of decentralisation to the more privatised blockchain solutions. We hope that this update has provides you with some insight into the activities at Stratis HQ. Our team of distributed developers and professionals have been working relentlessly to bring Stratis Technologies to the forefront of the Blockchain Software Vendor space.

Moving forward, we will look to shift towards providing a quarterly update as this enables us to deliver much richer content for the respective projects we are working on internally.

Development Update

The Stratis Full Node has provided a solid foundation for further development of features associated with a corporate environment. A combination of our existing extensive knowledge in blockchain technologies and the pre-existing development ethos that ensured extensibility and flexibility of our code; has enabled truly rapid development of new features.

Features such as Stratis Membership Services (SMS), Stratis Channels, Private Data, Blockchain Interoperability, and many more have been incorporated into the solution, resulting in a truly enterprise-ready solution. In addition to these stunning features, we have also developed our own Certificate Authority that comes packaged with the DLT Solution.

As with all of Stratis’ Enterprise-Ready Technologies, these solutions provide the ability to remain resilient through highly-available implementations and also scale horizontally, allowing the solution to grow with both adoption and utilisation.

More in-depth information and documentation will become publicly available in the coming months, including a blog-post for each respective Stratis Product Offering.

Identity Trust

As we began developing solutions for specific industries, it became evident that a robust identity solution would be required to remove the employment of a centralised digital identity management solution that has become the standard.

This realisation resulted in the further development of an existing Identity product, however, the design has been altered to leverage Smart Contracts. Resulting in a truly decentralised, Self-Sovereign, and claims-based identity solution.

The concept of Self-Sovereign Identity (SSI) is that the digital identity of an individual is wholly owned and controlled by the individual as to who it belongs to. Segments of this identity can then be shared with individuals, organisations, and agencies, etc. with this control being administered by the individual.

A new, re-designed mobile application for both Android and iOS has been developed to complement the newly developed Identity solution. Furthermore, the production instance will utilise the Cirrus Blockchain, both rewarding Masternode Operators and providing a truly decentralised solution.

Screenshots showcasing the new Stratis Identity Trust interface

Asset Management Toolkit

In August 2018, Stratis became the first company to publish a blockchain-based WebApp on the Azure Marketplace, the Stratis ICO Platform. As time progressed, the ICO Platform was further developed to suit the needs of the individuals and companies emerging within the space, this saw the delivery of the Stratis STO Platform that incorporated many changes. Several of those changes being a direct result of our interaction with the Securities Exchange Commission via our partner, Gluon.

Once again, as Stratis Technologies grow with further development, we are presented with the opportunity to revisit solutions and further develop them to leverage these advancements. This is in addition to significant graphical changes to the user-interface to greatly improve user-experience.

STO Campaign settings dashboard

As with all of Stratis’ showcases, Stratis IdentityTrust support is available and encouraged by default, highlighting our commitment to ensuring public blockchains are utilised where applicable. To further remove any hindrance of trust, token creation and issuance are now governed by a Smart Contract, enabling a truly trust-less token offering.

Whilst the platform can be employed to issue tokens on-chain to represent shares of a company or entity. It can also be leveraged as an Asset Management System to inventorise physical assets. Furthermore, through industry expert input and design and the platform is geared to become an accredited financial asset management system when combined with a Stratis DLT offering.

Asset management settings and investor summary dashboard

Supply Trust

Another addition to the Stratis product offerings is Stratis SupplyTrust; a blockchain solution for logistics, and supply-chains. Delivering transparency, efficiencies and trust within traditional supply-chains through digital transformation.

Manufacturers, producers, wholesalers, distributors, and every participant within a supply-chain can utilise SupplyTrust product to gain a definitive understanding of the lifecycle of a product.

Stratis Supply Trust dashboard

Internet-of-Things (IoT) technology provides the perfect synergy with Blockchain Technology when both delivering solutions within logistics and addressing the issues of trust and security inherent within these environments.

Data such as; temperature and humidity sensors, vibration sensors, and location data are crucial pieces of information. Hashes of this data can be stored on-chain, utilising existing IoT devices to provide transparency and confidence in a solution.

More information revolving around IoT and Stratis Technologies will be announced in due course. The decision to design and develop blockchain solutions leveraging the Microsoft .NET Framework has enabled us to wholly utilise the benefits of a rich ecosystem found with the Microsoft .NET Family.

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