Stratis Blockchain ICO App Platform First to Release on Microsoft Azure
Stratis Platform Released on Microsoft Azure
ICO applications have long fought to be recognized on large-scale application marketplaces. This kind of exposure would do well for the legitimacy of the market, which has tanked as a result of the wide prominence of significant scams in the past couple years. For the creators of Initial Coin Offerings, it is important that there exists a mainstream way to access potential customers and build their coin offerings using a succinct and user-friendly platform.
Stratis is one of the breakaway ICO platforms of the past year. The platform offers both C# and .Net blockchain solutions, making it one of the more versatile among the platforms offering end-to-end support to developers using blockchain technology. The platform was released in May, and it is theoretically able to allow developers to release an ICO within minutes of starting up the program, making it an optimal tool for the deployment of the popular method of crowdfunding within the blockchain and cryptocurrency markets.
Now, the company has come out with a number of important updates, plus a unique announcement that the platform will be featured on the Azure Marketplace, a Microsoft marketplace for platforms and technological applications. This means that the Stratis platform will effectively become the first of any blockchain-based platform to be featured on the Azure Marketplace, a market which already has the attention of millions of users and developers all around the world.
Moving forward, the company is going all-in, integrating new updates poised to maximize functionality and appeal to the greater audience allotted to the platform as a result of the newest listing on the Azure Marketplace. This could be just the thing that the ICO market needs to gain the institutional support that it so desperately wants and needs.
The first part of the monumental Stratis announcement is that the platform would now offer a variety of important updates in its newest iteration. Specifically, users on the Stratis Platform will be able to screen participants based on their geography. This is perfect for ICO-running startups that are trying to navigate complex regulatory laws in some countries. In some jurisdictions, companies can be punished for marketing to citizens. This update will help with compliance as companies utilize the Stratis Platform.
Additionally, the Stratis ICO platform is also going to utilize a new type of wallet known as the Hierarchical Deterministic Wallet, or HDW. This wallet adds a new layer of security for the people issuing funds by ensuring that funds contributing to a project are not stored on any one server. The wallet will help to maximize security for both companies and contributors to Initial Coin Offerings.
The Azure Marketplace
Chris Trew, the CEO of Stratis outlined in a quote that he believes that the Azure marketplace will add a much-needed availability to the ICOs which utilize the Stratis ICO platform.
In a larger sense, Trew echoes the optimism that many harbor in regards to the ICO market, stressing his belief that this partnership is a step in the right direction to restoring faith in the ICO process.