The STRATO blockchain network is a pioneering platform that redefines the landscape of decentralized governance and financial transactions. At the core of STRATO's innovation is its unique governance model, where participants buy equity in the organization and receive governance tokens. This empowers them to vote in the network's Decentralized Autonomous Organization (DAO), including appointing network validators who play a crucial role in maintaining the network's integrity.
STRATO stands out with its profit-sharing mechanism, ensuring validators receive a higher percentage of network profits. The approval process for new participants is stringent, requiring acceptance by the governing body and Know Your Customer (KYC) verification by a Blockchain Certification Authority (BCA). Participants also benefit from comprehensive account management capabilities, allowing them to oversee individuals' accounts and nodes representing them on the network.
All transactions on the STRATO blockchain are digitally signed, making them legally binding under US law. Financial transactions within the network are facilitated by approved, fiat-backed stablecoins on Mercata, ensuring secure and reliable payments. Before engaging in blockchain transactions, participants must link their organization to a stablecoin account, enhancing the verification process.
The network operates with a transparent fee structure, where a small transaction fee is publicly set by the governing body, while stablecoin providers may establish their own fees. This approach fosters a fair and efficient ecosystem, driving the growth and adoption of blockchain technology in real-world applications.