Stratis is a Blockchain as a Service (BAAS) platform that makes building a blockchain easier. Stratis allows companies to customize and adjust the blockchain according to the company model and scale. Everything from building the blockchain model to the encryption algorithm to the issuance interest rate can be easily operated, and you can also customize your own side chain. Stratis also provides developers with a testing environment for testing Dapps and smart contracts. Its slogan is to make developing blockchain applications easier.
The Stratis Crypto Token (STRAX) powers the Stratis platform and serves as a value transfer vehicle in the Stratis marketplace and is used for smart contract execution.