Stratos Network Partners With Coinversation
Stratos is delighted to announce that they joining hands with Coinversation Protocol.
This partnership aims to power DeFi user data with Stratos decentralized storage.
Through this cooperation, Stratos will provide Coinversation Protocol with secure and scalable decentralized storage services to store important user and transaction data, ensuring the ownership of these encrypted data belong to the customer themselves. Coinversation Dapp will also be deployed on Stratos Decentralized Data Mesh to assure the running codes are stored in a secure yet decentralized environment.
About Coinversation
Coinversation Protocol is the first synthetic asset issuance protocol and decentralised contract trading exchange based on the Polkadot contract chain. It uses the token CTO issued by Coinversation Protocol and Polkadot(DOT) as collateral, and synthesizes any cryptocurrencies or stocks, bonds, gold and any other off-chain assets through smart contracts and oracles. The assets minted by all the users correspond to the liabilities of the entire system, and the proportion of each user’s liabilities has been determined at the time of forging, so that their respective profits can be calculated. Because such a collateral pool model does not require a counterparty, it perfectly solves the problems of liquidity and transaction depth in decentralised exchange(DEX).
About Stratos
Stratos is the next generation of decentralized Data Mesh that provides a scalable, reliable, self-balanced storage, database, and computation network. Stratos is born for scaling blockchain process capacity while retaining the decentralized benefits of a distributed protocol including trustlessness, traceability, verifiability, privacy, and other competitive strengths.
Stratos is best positioned to support data storage and adoption for developers and users in this ever-expanding digital economy. Stratos strives to make decentralized data adoption easier for the blockchain industry and Web 3.0.
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