Stratus, the First Media Network Displaying Undisputed Functionality
The Internet is evolving from traditional infrastructure to blockchain technology. Social media was nonexistent before the innovation of the Internet. The whole essence of social media depends on user-generated content for such sites. Therefore, messaging, photo sharing, video uploads, status updates, and the like make social media the entity it is.
In the 19th Century, social media involved telegraphs and similar sharing. The Internet brought about innovations to make communication probable between computers. Then came the sites like Six Degrees and Friendsters as among the first online social media sites. Since then, more of these platforms are coming online and gaining popularity as a way of global connectivity, going beyond the laws of time and location.
Current Social Media
Sites like Facebook, Twitter, WhatsApp, Telegram, Instagram, and Snapchat are some of the mainstream sites now. They are an avenue to meet and communicate with new people while creating a link between other friends and family away. These sites are particularly conducive because they are free, and the only thing you need is an internet connection. Besides, they have become gateways for advertisements.
In that case, there are currently about 3 billion social media users worldwide and the number growing by the day. These sites have their underlying issues, all the same. Security is a pressing issue with more cases of cyber-related attacks. Corporates governing the platforms manipulate user data to air misguided propaganda. This situation means that users’ privacy is the least of the sites’ worries.
Censorship is a device to limit the freedom of speech on this space, which beats the whole idea of social platforms. Lastly, the functionality of existing platforms defines their services into specific sectors. For example, YouTube supports videos and commenting while Facebook is one for sharing media content, messaging, and calling. Others like PayPal are for payments, and so on.
Apollo Fintech for Maximized Social Media Functionality
Apollo Fintech is undoubtedly a leader in the financial and technology space. The company works towards providing government solutions, sustainable commercial products, and available consumer products.
Realizing the need to make a new internet space by combining all popular social networks’ into one ecosystem, Apollo Fintech came up with the Stratus platform. An exciting fun fact about the Stratus ecosystem is that it existed before the Apollo Foundation. Apollo’s CEO, Steve McCullah, introduced its idea five years ago under his organization, McCullah Technologies, under the name NoteCloud.
After Apollo Fintech’s advent, he brought the platform onto its network for continued research and development. Later, NoteCloud transcended into the now known Stratus.
How Stratus will Feature all Mainstream Social Media Platforms
Stratus is a centralized network built on the Apollo Blockchain to include all advantages that the blockchain offers. Stratus’s primary purpose is to replace the existing social platforms and facilitate the presence of a unique space supporting all. In the end, Stratus issues the complete replacement of Facebook, Twitter, Medium, PayPal, YouTube, Instagram, and more.
The first phase of the project is coming in the third quarter of 2020. Likewise, it boasts the functionality of Medium, Paypal, Twitter, and Facebook in this phase. Stratus realizes that the road ahead is tough considering the widespread use of the platforms it aims to supervene. However, Apollo is confident that it will achieve its endgame domineering the blockchain market with the world’s most advanced features.
The second phase will bring on Instagram, YouTube, Coinbase, and Robinhood. TikTok, LinkedIn, WhatsApp, and Telegram will appear in stage 3, and finally in phase 4, Travelocity, Upwork, Godaddy, and Envato.
Users will then enjoy features like friends nearby, mentions, hashtags, groups, forums, events, retina, blue badge, articles, downloads, P2P transactions, and more.
Overall Convenience and Mass Adoption
Imagine logging into one account and accessing your Facebook, Twitter, Instagram, YouTube, and more. It saves everyone the time and space to have different applications for every site. Stratus promotes an ecosystem under one account, with a master feed, to view all updates from every platform within. You will also have the option of creating individual accounts for every platform, which you can see separately within the ecosystem.
Apollo has a vital campaign for global blockchain and crypto mass adoption. Stratus offers this element through promoting crypto transactions through its replacement of the Bitcoin lightning network, the Knox World Pay. Everyone can send BTC in 1-2 seconds worldwide, further simplifying the process through SMS enablement. It favors people in remote areas without smartphones or internet connectivity to participate in crypto transfers.
Stratus provides a global marketplace for all merchants offering the point of sale feature for trade. The Knox feature, universal Fiat, and Apollo wallets for payment through, storage, and exchange of all types of currencies. Other services for everyone include banking, shopping, travel, insurance, and others. Therefore, there will be commerce-to-business, business-to-commerce, and business-to-consumer interactions besides monetary transfers.
More Benefits
Stratus will put all issues of privacy, algorithmic bias, selling user data, censorship, cybersecurity, and others. Stratus believes in a free environment to air personal opinions and share content. Stephen McCullah says, “We will not be collecting their data in the same way that companies like Facebook and Google do and we will certainly not be selling their data.” In his opinion, the network’s revenue model requires simple accessibility to services for a productive environment.
The Apollo blockchain will protect every user from hacks and with plans to implement quantum resistance, from quantum computing attacks. Overall, the verification system enables freedom while battling nefarious activities that can adversely affect users.
Parting Note
So far, Stratus may be the most ambitious project under Apollo Fintech, raising questions on whether it is a realistic approach. Nonetheless, Apollo is undaunted by all negative feedback that is surrounding the introduction of Stratus. In its view, Stratus will be “one ecosystem, one wallet, and a world of services.”
Stratus will then achieve indefinite functionality through compressing all popular media platforms into one. It aims for a secure and censorship-free space for everyone, whilst facilitating a further reach of all services for global blockchain mass adoption. Now, we can anticipate the promise of an extensive network without traditional social media implications.