Long
Stratis. BaaS projects taking over.
Coin of the day is Stratis.
Stratis is a Blockchain-as-a-Service (BaaS) platform that facilitates the development of blockchain-based applications. Using the Stratis lite clients, side chains, and robust APIs, allows companies to benefit from the blockchain technologies without a need to support the whole private blockchain network.
As a BaaS platform, Stratis hosts the blockchains running on the network through the cloud. There’s no need to maintain a full client node to access or work with your specific blockchain. This frees up resources for organizations who otherwise would have spent a significant amount of time and resources doing so.
Although the company is primarily targeting financial institutions, any business interested in incorporating blockchain can benefit from the project. They’ve even recently partnered with a seafood company, Earth Twine.
Stratis takes a more hands-on approach to implementation than other blockchain projects. Beyond building the platform, the team offers consulting services, helping businesses to open blockchain technology advantages.
Stratis is built on a Bitcoin Full node platform using C#, Microsoft .NET, and the NBitcoin library. As they state: the team chose to use C# rather than C++, the primary language of Bitcoin Core, because it’s easier to maintain and more prevalent in business applications. Company position itself as more secure before its main competitors Lisk, Ark, and Rise.
Stratis team also announced the launch of the ICO platform on 9th of May.
Technicals
The turnaround of the downtrend began on 18.03.2018 at the 0.00046 level and was confirmed on 03.04.2018 by the crossing of the global Bearish Trend Line. Since then STRATBTC was holding on to the Bullish Trend Line and Recently crossed above the 100-days EMA, which was lying near to the 0.0007 level. Above the 0.0008 level, the price went into the profit-fixation stage, as evidenced by large volumes of lowering bars. Nonetheless, as long as the price holds above the 0.0008 level, the pattern stays bullish. Breakthrough of the latest high 0.00085 should be considered as a buy signal. Breakthrough below the 100-days EMA will send the price into a deeper correction phase.
Stratis is a Blockchain-as-a-Service (BaaS) platform that facilitates the development of blockchain-based applications. Using the Stratis lite clients, side chains, and robust APIs, allows companies to benefit from the blockchain technologies without a need to support the whole private blockchain network.
As a BaaS platform, Stratis hosts the blockchains running on the network through the cloud. There’s no need to maintain a full client node to access or work with your specific blockchain. This frees up resources for organizations who otherwise would have spent a significant amount of time and resources doing so.
Although the company is primarily targeting financial institutions, any business interested in incorporating blockchain can benefit from the project. They’ve even recently partnered with a seafood company, Earth Twine.
Stratis takes a more hands-on approach to implementation than other blockchain projects. Beyond building the platform, the team offers consulting services, helping businesses to open blockchain technology advantages.
Stratis is built on a Bitcoin Full node platform using C#, Microsoft .NET, and the NBitcoin library. As they state: the team chose to use C# rather than C++, the primary language of Bitcoin Core, because it’s easier to maintain and more prevalent in business applications. Company position itself as more secure before its main competitors Lisk, Ark, and Rise.
Stratis team also announced the launch of the ICO platform on 9th of May.
Technicals
The turnaround of the downtrend began on 18.03.2018 at the 0.00046 level and was confirmed on 03.04.2018 by the crossing of the global Bearish Trend Line. Since then STRATBTC was holding on to the Bullish Trend Line and Recently crossed above the 100-days EMA, which was lying near to the 0.0007 level. Above the 0.0008 level, the price went into the profit-fixation stage, as evidenced by large volumes of lowering bars. Nonetheless, as long as the price holds above the 0.0008 level, the pattern stays bullish. Breakthrough of the latest high 0.00085 should be considered as a buy signal. Breakthrough below the 100-days EMA will send the price into a deeper correction phase.
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