Stratis Group Ltd (“Stratis”), an enterprise blockchain technology company, has entered into a framework partnership with Triad Group Plc (“Triad”), a leading UK provider of IT consultancy services and technology solutions, to deliver blockchain-based solutions to businesses and organisations.
Under the partnership, Stratis will help identify where blockchain is the best placed technology to resolve Triad’s clients’ business problems. The two companies will then collaborate to develop, deploy and market blockchain applications to help businesses improve operational processes, enhance security and reduce costs to unlock ROI.
The first project between the two companies will be the development of a blockchain-based parcel tracking application. An existing parcel tracking blockchain application designed by Triad will be ported to the Stratis Platform to run using Stratis Smart Contracts. By implementing smart contracts, businesses can automate the verification and execution of agreements between parties without the need for an intermediary.
Triad has a thirty-year track record of working with businesses, governments and third-sector organisations. It has selected Stratis because its platform runs smart contracts written in the widely used C# programming language on Microsoft’s .NET core framework. As a market-leading Microsoft systems integrator, Triad will be able to easily build applications on the Stratis Platform using a system already familiar to their developers.
Chris Trew, CEO of Stratis Group Ltd, said: “Our partnership with Triad is a game-changer when it comes to opening up Microsoft-based blockchain applications to businesses. By working together, we will make it easier than ever for companies to access the benefits of blockchain and build business-specific applications on a flexible, easy-to-use platform. In the first instance, this will mean porting an existing parcel tracking application designed by Triad to the Stratis Platform so that it can run our recently launched Stratis Smart Contracts. Beyond this, we look forward to a deep and fruitful relationship with Triad by collaborating whenever we see an opportunity for blockchain to add value to their clients.”
Adrian Leer, Managing Director of Triad Group Plc, commented: “We pride ourselves on finding the right technology to meet our clients’ business needs. For this reason, we have been actively trialling blockchain technology to explore use cases – such as parcel tracking – where it can unlock tangible operational efficiencies. The partnership with Stratis gives us access to a highly respected and trusted partner to help formalise our blockchain offering. Where appropriate, we will now offer our clients bespoke blockchain-based solutions and work with Stratis to build these on the .NET-based Stratis Platform. Ultimately, this will speed up accessing the business value that blockchain technology can deliver.”