Stratis, a U.K.-based blockchain development platform, has launched its Initial Coin Offering (ICO), a crowdfunding which will help develop a cloud-based platform that makes blockchain apps accessible for a broader business community.

The official release said that Stratis Platform will provide off the peg solution in order to create and manage blockchains in minutes. The platform will significantly ease the development process of creating blockchain applications by allowing its users to customize their own private chains which will be secured on Stratis ‘parent’ chain.

following the ICO, the company will deliver a Stratis beta wallet based on Bitcoin Core . This beta wallet will allow exchanges to list Stratis and also allows investors to hold and secure their coins.

“Our company is primarily focused on blockchain provisioning for the business community in an increasingly digital economy. Blockchain is a game changer but there is still a real need to lower the barriers to entry so that more people can get involved with the technology, discover it’s utility and ultimately be able to compete in the changing marketplace,” founder of Stratis, Chris Trew said.

Stratis Platform is building a full-scale blockchain development platform on which its cloud Blockchain as a Service (BaaS) will be based. Straits will develop a bitcoin full node in C# .NET using bitcoin architecture to create a solid foundation for its services.

Bitcoin core contributor Nicolas Dorier who is the lead developer of the NBitcoin C# development will be on the team, the company said. The Stratis ICO started on 21st June, will take place over the course of 36 days till 26th July 2016. 

Stratis is a flexible and powerful Blockchain Development Platform designed for the needs of real-world financial services businesses and other organizations that want to access the benefits of blockchain technologies without the overheads inherent in running their own network infrastructure. The company offers a turnkey solution that enables developers and businesses to develop, test and deploy blockchain-based applications quickly and easily.