A new platform-as-a-service Stratumn, designed for developers to build applications.
Stratumn is a Paris-based startup, a platform that allows applications to communicate with the bitcoin blockchain.
Users can build, deploy and run applications on the platform-as-a-service, where the resulted developed applications communicate with bitcoin blockchain. It is quite similar to the Heroku service.The way the bitcoin blockchain works is by processing, on a distributed database where it is recorded all bitcoin transactions with an associated time-stamp. In its architecture it has a built-in open specification called Chainscript as JSON files that handle data. As a result, a user can then send the data to the blockchain with this method on the platorm. Later on the user can then retrieve and audit these packets of data by adhering to the Chainscript format.
There are many cases of developers building applications that were not necessarily related to bitcoin blockchain, but utilized the benefits of blockchain. As an example there is Stampery which has the capability to replace notaries. The service is designed with the capability to issue legally binding proofs for a user sensitive documents, with these proofs residing on the blockchain.
The innovation here by Stratumn is that, is offering users and their applications to communicate with the blockchain with little development complexity.
At the moment the biggest blockchain is the bitcoin’s blockchain, the opportunity here for Stratumn is that if it can build a blockchain-agnostic platform that works with private blockchains or alternative blockchains, then users can build applications with little development complexity on top of decentralized databases.
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