Category Archives: Baas

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Alphabit Digital Currency Fund Deploys Initial Investment into Stratis Protocol and Initiates Coverage

Bitcoin Press Release: Stratis’ innovative blockchain solutions have attracted the attention of the digital asset investment fund, Alphabit, who have injected an initial investment while commiting to a further 7 figure investment over the next 24 months for growth and development of the BaaS ecosystem.

 

1st February 2020, London, United Kingdom: Blockchain as a Solution (BaaS) service provider Stratis makes decentralized adoption easier for any firm with its innovative products designed to fit seamlessly with legacy operations, by allowing companies access to the Stratis blockchain via the widely-used C# programming language. The platform allows seamless running of smart contracts, multiple sidechains, and houses a full-scale ICO platform.

 

Alphabit, A billion USD AUM fund and one of the world’s first regulated digital asset investment funds focused on delivering turn-key solutions and assisting projects with end-to-end partnerships, enters into this venture to rapidly scale Stratis’ development and help deploy cutting edge products that allow mainstream organizations to use blockchain in their day to day operations. The significant commitment by Alphabit is a testament to the groundbreaking approach of Stratis’ offerings. 

 

CEO of Alphabit Liam Robertson commented on the partnership: 

 

“Stratis Protocol, after analysis, fits neatly into our investment thesis and we believe the potential for growth for Stratis to be exponential. We are delighted to welcome Stratis into our portfolio and look forward to supporting them over the coming months and years.”

 

Stratis CEO Chris Trew said the following: 

 

“We are thrilled to partner with Alphabit, one of the world’s first regulated digital asset investment funds. Alphabits initial injection, in conjunction with their further investment commitment, will unquestionably assist in accelerating the adoption of Stratis Technologies, while cementing Stratis as the go-to platform for Microsoft .NET Blockchain development.”

 

With the expertise and backing of Alphabit, Stratis will be empowered to develop ever-better solutions for the b2b market. Coupled with their C# support, Stratis’ solutions will increase the onboarding of blockchain solutions in the global market.

 

About Stratis

Stratis offers unprecedented levels of security, reliability and performance through leveraging blockchain. First of its kind, the platform’s native C# ecosystem enables firms all over the world use their existing IT infrastructure and tools to adopt the technology by providing access to the Stratis blockchain’s features, in a language which is familiar to the everyday developer.

 

  • Stratis Identity: A decentralized KYC and AML check to make it easier for businesses to verify client identities and comply with regulations.
  • Supply Trust: A turnkey solution for supply chain management, providing full visibility in a trustless and decentralized environment.
  • STO Platform: Regulation-compliant digital securities for businesses launching STO’s
  • Stratis Smart Contracts: Secure and auditable digital contracts that are developed in the industry-standard Microsoft C# language, fit for the DeFi age.

 

About Alphabit

Alphabit specializes in investments in blockchain and distributed ledger technology projects. They offer a wide range of advisory services and act as the Investment Advisor to the Alphabit Fund; one of the world’s first regulated digital asset investment funds. 

 

Their goal is to share their expertise with promising projects and advance the cryptocurrency movement as a whole, and to date, Alphabit has successfully brought to market projects like Metal Pay, The Sun Exchange, and Suterusu.

 

To find out more about how Stratis is bringing the next generation of blockchain to businesses, visit their website, or to see how Alphabit is empowering Blockchain businesses to reach new heights, visit their website.

 

Follow Stratis on Twitter – https://twitter.com/stratisplatform 

Join the Stratis Developer Academy – https://academy.stratisplatform.com/ 

Check out Stratis on GitHub – https://github.com/stratisproject 

Read the latest Stratis news – https://www.stratisplatform.com/news/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected] 

 

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Stratis Group LTD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

 

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Amazon Managed Blockchain Goes Live

Amazon Managed Blockchain Goes Live

Amazon has just announced its new managed service enabling users to be able to create manage scalable blockchain networks.

The service called Amazon Managed Blockchain is currently available in North Virginia after the company announced the blockchain-as-a-service (BaaS) at its AWS re:Invent conference in November 2018.

Jeff Barr, chief evangelist at Amazon Web Services commented that the service can be used to create scalable blockchain networks that use the Hyperledger Fabric open source framework, with Ethereum in the works, adding:

“You can create your network in minutes. Once created, you can easily manage and maintain your blockchain network. You can manage certificates, invite new members, and scale out peer node capacity in order to process transactions more quickly.”

Michael Fauscette, chief research officer of G2 Crowd, a business-to-business software review site was impressed with the launch suggesting that the adoption of BaaS will be a worthwhile addition other to cloud services with some remarkable differences. The service also secures certificates for access control using AWS Key Management Service technology, eliminating the need for customers to set up their own secure certificate storage.

“The use case ideas are really exploding around blockchain in a way that will drive in a wave of adoption that will happen faster than others,” Fauscette said in an earlier interview.

However, the jury is still out on Amazon for many cryptocurrency users after the retail giant removed its payment options of both Bitcoin and Bitcoin Cash recently. Twitch had used a BitPay payment gateway for users who wished to pay for their subscriptions with BTC or BCH. The cryptocurrency payment option was first added in mid-2018 and initially included options for Ethereum and Litecoin.

 

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