Stratis has announced the launch of the Breeze Wallet that delivers the industry's only fully functional wallet and truly decentralized privacy solution for Bitcoin. The move provides a high degree of privacy and security for organizations seeking the benefits of blockchain payments.
Blockchain offers significant advantages for organizations seeking to improve efficiency and reduce the costs of making and receiving payments in a wide variety of situations. However, ensuring those transactions remain private when using public networks, such as Bitcoin and the Stratis blockchain, haven't been possible without relying on a centralized service, until now.
The Stratis Breeze Wallet Solution
Breeze Wallet perfectly complements Bitcoin by allowing all of Bitcoin's secure functionality, while adding innovative features to Bitcoin transactions thus yet undelivered. Stratis basing their platform in the popular language of C# on the widely-used .Net framework also breaks down substantial language barriers Bitcoin's lesser-known C++ has presented to developers since blockchain's inception. Stratis makes blockchain easy.
The Stratis Breeze Wallet with Breeze Privacy Protocol makes it possible to ‘obfuscate' transactions made on the Bitcoin blockchain. This is helpful for organizations wishing to conduct on-chain business without it being public for the world to see. For example, an organization may make regular payments to a supplier or receive regular payments from a customer, both of which it may deem commercially sensitive.
Chris Trew, CEO of Stratis Platform said the original vision of Bitcoin is a secure, peer-to-peer, digital currency that allows people to transact directly, without third parties. It's achieved this vision, but what early supporters didn't always realize is how public those transactions are.
With the Breeze Privacy Protocol, organizations can now easily discover and connect to a Stratis Masternode to process a given transaction. The process is user-friendly, trustless and completely decentralized.
The service works across the Bitcoin network, and the Stratis Breeze Wallet additionally allows normal transactions in both Stratis and Bitcoin.
Chris Trew adds that the Breeze Wallet with Breeze Privacy Protocol remains true to Bitcoin's early spirit and has been specifically designed with B2B payments in mind. It's important to consider this release only brings Bitcoin up to a level of decentralized privacy organizations already enjoyed today from centralized private banking arrangements.
The Breeze Privacy Protocol utilizes the TumbleBit payment protocol developed by a team at Boston University.