Stratis (STRAT) Becomes Independent Software Vendor (ISV) for Microsoft

The Stratis platform, which uses the Microsoft programming language C#, has deepened its partnership with the software giant.

TheStratis (STRAT)platform has deepened its partnership with Microsoft, by becoming a Certified Independent Software Vendor (ISV). Stratis is a rare project utilizing Microsoft technologies for its blockchain solutions, as well as the potential to build blockchain solutions in C#, Microsoft’s programing language.

https://twitter.com/stratisplatform/status/1055128899070447627

The partnership means Stratis will be exposed to the Microsoft Azure Marketplace. The team of Stratis explained in a recentblog:

“This partnership comes at a critical and also exciting time for Stratis; the services which constitute the core Stratis Platform, including smart contracts, sidechains, and the enterprise-focused Stratis DLT, are set to be released in the next few months. Stratis Group Ltd. are the first blockchain company with their own cryptocurrency to partner with Microsoft in this way, and this partnership will help us make the most of our unique position within Microsoft’s software environment.”

All elements of the Stratis ecosystem have been built using Microsoft technologies, meaning the applications on the Stratis platform will be a part of the .Net ecosystem, the Stratis team explained. Stratis is now Silver Partner, and hopes for Gold Partnership in the coming months.

In addition to the Microsoft partnership, the first Stratis-based ICO, Gluon, has announced its partnership with LG:

https://twitter.com/gluon/status/1054813520712200192

Following the news, the recently stagnant market price for STRAT is on the move. STRAT added more than 14% to its price in the past 24 hours, to around $1.77. As the news was announced, the STRAT price immediately picked up, rising within minutes from $1.58 up to $1.77.

STRAT still sees price weakness as the bear market has killed the enthusiasm for this solid project. However, the lack of aggressive marketing and product releases are making STRAT less attractive to traders. More than 61% of trading volumes for STRAT are concentrated on Binance, with additional activity on Bittrex, in the pairing with Bitcoin (BTC). STRAT has been one of the assets awaiting a breakout for a comparatively long time.

Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses made as a result of this information. Cryptocurrency trading and investing are risky propositions, and market participants are advised to always conduct thorough research.