Stratis (STRAX) is a blockchain-based platform that strives to simplify the process of developing, testing, and deploying applications. It was established in 2016 by Chris Trew, an IT professional with a decade of experience in various sectors including legal, aviation, and finance. Stratis is built on the Bitcoin protocol, reflecting Trew's belief in Bitcoin's role in the cryptocurrency space. The platform aims to cater to the needs of businesses, particularly those in the financial services sector, by offering them the ability to run private, permissioned blockchains. These blockchains can interact with the primary Stratis chain, host decentralized applications, launch smart contracts, and utilize various privacy and identity verification tools.