Stratis Group Ltd, a blockchain development platform provider, recently launched its Cirrus Sidechain Masternodes and Stratis Smart Contracts in C#. With these tools, businesses and developers will be able to execute smart contracts on the Microsoft.NET core architecture, according to a press release.

The Stratis Smart Contracts in C# eliminates the need for a new blockchain for every new decentralized app. Instead, businesses can develop a variety of smart contracts and deploy them on a single blockchain.

The Masternodes will run on the Cirrus Sidechain using a proof-of-authority consensus algorithm to help improve accountability and reduce workload and energy consumption.

The company has also launched a Cirrus Core wallet to allow end users to manage their sidechain tokens, deploy smart contracts, manage tokens via token issuance contracts and transfer to the mainchain, according to the release.

"At Stratis, we are committed to making it easy for businesses to adopt blockchain solutions for real-world use cases. Now, for the first time, enterprises and developers are able to build private blockchains and program Smart Contracts in their familiar C# language," Chris Trew, founder and CEO of Stratis, said in the release. "We see this being of particular benefit to large enterprises, financial services companies as well as government organizations whose systems operate within Microsoft’s .NET framework as our solution is designed to minimize any incompatibility issues which may arise from blockchains and Smart Contracts being built in other computer languages."