Ardor – a blockchain-as-a-service-platform which evolved from the Nxt blockchain. Ardor has a unique design. It is composed of one security chain and multiple transactional ones. This kind of stucture gives three main advantages. It provides more than one transactional tokens, reduces blockchain bloat and hosts ready-to-use mutually connected blockchains. The development team of Nxt and Ardor conducted a crowdsale for 50% of IGNIS. They did this to kickstart the Ardor project, which also allows it to be a decent competition in the growing blockchain market. Jerulida is the corporate entity that is responsible for Ardor’s development, as well as the Nxt platform.Multiple child chains can be created on the Ardor platform. They can be for organizations like enterprises, research institutions, public entities, consortiums and financial service providers. The technological innovations of the platform allow for large corporations to have a child chain. This chain would be with ready-to-use features. There is no need of creating their blockchain and start developing features from the very beginning. Child chains can be used cost-effectively without the need to compromise their security. Their parent - the Ardor chain guarantee this.

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