Blockchain-as-a-Service (BaaS) company Stratis has been accepted into the prestigious CMS equIP legal accelerator programme. Stratis recently released its InterFlux sidechain, and offers companies a native C# ecosystem that allows legacy systems to use leading blockchain technologies.
As a part of the CMS equIP legal accelerator programme, Stratis will have access to a comprehensive network of law offices in more than 70 countries, as well as connections within CMS’s network of professionals.
Chris Trew, the Founder of Stratis and CEO, commented,
“Being selected to become a member of CMS’s exclusive equIP programme is a tremendous achievement for Stratis and a testament to the fantastic technology we have built and delivered…As the first blockchain-based project to be admitted to the programme, I look forward to exploring opportunities and collaborating with other innovative equIP members.”
CMS is a global legal services company that comprises a network of law offices that offer legal services, as well as advanced tax-advice. It is expected that Stratis will be able to take full advantage of this program, and continue to develop robust blockchain tools for business.
Stratis Has Innovative Solutions for Legacy Systems
While many blockchain platforms are focused on very new ways of creating value, Stratis is working to make blockchain-based system work for large, existing companies which may have a hard time shifting their IT infrastructure in a holistic way.
Instead, Stratis has created ways to tap into blockchain technology, and use it to optimize existing systems. Everyday developers will be comfortable using Stratis, as it works with many tools from Microsoft, including Microsoft Focus.
Charles Kerrigan, CMS Partner, told media,
“We are pleased to welcome Stratis to the CMS equIP fold…CMS equIP has and continues to set a remarkable track record in supporting new businesses and start-ups that are being built by some of the brightest minds in the country. As we build a centre of excellence for legal services specifically for blockchain companies, and in EmTech generally, Stratis will form an important part of this. We look forward to supporting Stratis with the legal assistance and smart legal tech that it needs to grow successfully.”
Many industries that want to use blockchain technology, especially in the area of finance, need to deal with complex regulations. CMS is well suited to help companies like Stratis use its expertise in the most effective ways, and grow more strong products for global industry.
New Ways to Make Data Work
Stratis has developed a set of tools that helps businesses use blockchain, and comply with KYC/AML regulations in many jurisdictions. It also created a specific tool to handle supply chain management, which many businesses need.
Blockchain is an amazing technology, but when it comes to integrating it into an existing business, the development process is much different from a startup. On the plus side, the potential market for Stratis’ products is massive, and many companies are looking for ways to boost efficency and transparency.
Here are the tools that Stratis offers (information from company):
- Microsoft Focus: Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework
- 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 complete visibility in a trustless and decentralized environment.
- STO Platform: Regulation-compliant digital securities for businesses launching STO’s
For more information about Stratis, or how its tools can be used to make existing system more efficient, just click here to visit its website. It’s suite of tools can also be used to new projects, and because more developers will be familiar with the tools, the development cycle is likely to be faster and less expensive.