Smart contract dotnet

Now Smart Contracts Can Be Written In C# And DOTNET

Last Updated: July 5, 2019By

Blockchain development firm Stratis Group Ltd has recently launched the first smart contracts on Microsoft DOTNET architecture, according to a press release.

The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts in the programming language C#, a general-purpose language originally developed by Microsoft within its development platform .NET. This will thus allow enterprises to deploy smart contracts on one underlying general-purpose blockchain.

The product thus targets enterprises, financial services companies, and government organisations whose systems operate within Microsoft’s .NET framework, claiming to provide “a wide range of enterprise use cases, from tokens and lending platforms to services like provenance and self-sovereign identity solutions.”

The Cirrus Sidechain is developed such that it prevents bloating of the main Stratis network and facilitate a high level of scalability. “The Masternodes will operate on the Cirrus Sidechain using a Proof-of-Authority consensus algorithm, thereby enhancing security by adding accountability while also reducing the workload and energy consumption required for Masternodes to maintain the blockchain,” the release explains.

Gustav Stieger who happens to be a senior developer at Stratis said that the Cirrus Sidechains will allow them to scale up the Stratis platform as they add functionality and deploy sidechains with use-case specific modifications, such as block time and block size. It will now become a lot easier, cheaper and faster for developers to build DLT and smart contract functions required for their business needs.”

In June, this year news came out that Microsoft will reportedly make blockchain-based tools available to PowerApps and Microsoft Flow users. Especially, the tools powered by artificial intelligence and blockchain powered will be included in the company’s PowerApps custom application builder and PowerBI business intelligence tool.

As per some recent reports, blockchain firm Digital Asset which mostly does blockchain-software related work partnered with Amazon Web Services Aurora to make its open-source smart contract Digital Asset Modeling Language more interoperable.

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