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Stratis has a long-term partnership with King Oyo, the current monarch of the Kingdom of Turo, southwest of Uganda, and a charitable foundation with a population of approximately 1 million. King Oyo (Rukirabasaijaoyoninbakabanbaigururukidi IV) is the youngest monarch in the world to be crowned in three and a half years. He is known for his keen interest in technology. A recent partnership with the Uganda Industrial Research Institute has established King Oyo Science and Technology Innovation Industrialization Park.
Investment marks the beginning of Stratis Africa
Through this partnership, Stratis will fund a new blockchain innovation center in the kingdom designed to build knowledge and blockchain development skills within the kingdom. Knowledge is shared by developing a syllabus designed to provide examples of relevant use cases to stimulate creativity and innovative thinking processes regarding blockchain applicability.
Stratis Is a Microsoft-focused blockchain platform built from scratch using the Microsoft programming language (C #). The syllabus leverages well-known development tools such as Microsoft’s Visual Studio. Participants can also rely on a wealth of online knowledge, thanks to Stratis’ choice to utilize one of the world’s most popular programming languages. As part of the partnership, Stratis plans to place a senior team of business and technical roles in the new Innovation Center with the vision of further growing the ecosystem across Africa.
Chris Trew, Founder and CEO of Stratis, commented:
“We look forward to developing a syllabus taught in a new innovation center focused on the use of Stratis blockchain technology. We believe this investment is the beginning of Stratis Africa and will place a senior team in Uganda. King Oyo has shown a positive attitude towards innovation that will bring new economic opportunities to the Kingdom of Turo. “
Partners will also collaborate on new blockchain use cases that can contribute to the more efficient management of the Kingdom of Turo for the benefit of the population. The specific area of interest is in agriculture. The Kingdom of Turo is famous for its rich soil, sunshine and abundant rainfall. The Stratis management team is already envisioning the adoption of solutions in agriculture and tracking by introducing blockchain technology that enables new intelligent resource management facilities. This is achieved by IoT devices interacting with Stratis Blockchain technology to create an immutable data store that contains data related to plot usage, weather conditions, product traceability, and financial details.
Oyonimba Kabanbai Gurukidi IV describes the partnership as follows:
“Blockchain technology offers a new approach to organizing and increasing efficiency in society. In Tooro Kingdom, blockchain immutability offers great potential for use cases such as agriculture, logistics and banking. I know it’s a secret. I’m happy to work with Stratis to deepen my knowledge and understanding of the entire kingdom. “
Stratis has been built in recent years using its underlying Layer 1 blockchain technology, as developers embrace the simplicity of developing in C #, the world’s most widely known programming language. Significant growth has been achieved with new applications. Stratis innovations thrive in areas such as blockchain games (20 new games under development), DeFi (recently launched Opdex decentralized exchange), and NFTs (Stratisphere’s free NFT platform is currently in operation). I am.
Stratis’ mission is to simplify the adoption of blockchain technology in existing computing environments.
To fulfill this mission, we have built a Blockchain-as-a-Service (BaaS) platform entirely written in C # based on the Microsoft .NET Core framework. This means that more than 10 million developers around the world with C # skills can easily apply blockchain within their existing technology stack.
The decentralized and secure Stratis blockchain provides an ideal platform for deploying decentralized applications that incorporate smart contracts. The Stratis public blockchain has a value of over $ 2 billion.