What is Xertra?

Symbol: STRAX · Market cap rank: #736

Short answer

Xertra (STRAX) is a cryptocurrency currently ranked #736 by market capitalisation. It is classified as Smart Contract Platform, Proof of Stake (PoS).

Source: isthiscoinascam.com

Overview

Xertra is a blockchain development platform aimed at financial services and organizations seeking to create, test, and deploy applications on a blockchain. It simplifies the application development process and allows businesses to deploy customized private chains without the infrastructure costs typically associated with running an independent blockchain network. The platform is built on technology derived from Bitcoin's core code, utilizing C# as its primary programming language.

Founded in the United Kingdom by Chris Trew, who has over a decade of experience in enterprise IT, Xertra employs a decentralized team with expertise in .NET and C#. The project aims to position itself as a blockchain-as-a-service solution. Xertra conducted an ICO in June 2016, raising 915 Bitcoin, and competes with other blockchain-as-a-service platforms in the enterprise space. The platform’s focus on privacy aligns with the needs of corporations that prefer to keep their code proprietary.

Headquarters: N/A

Scam-risk analysis

Xertra has a moderate score — some risk signals were raised but no critical concerns. Is Xertra a scam?

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