NXTER.ORG

Blockchain will save your business. This is not a drill! /// Part V ///

 

An entire Residence in every confirmed transaction:

The Blockchain Promise

How do we define real? The ability to touch, see, feel with our senses? All the brain relays and nothing more if you ask me. Another question…what do you and I understand by the term ‘death’? The end of the ability to talk, move or do anything expected of a living body, right? But then, how do we know we are really alive and all we see aren’t just what our brains interpret as real? I mean, the brain plainly is the source of all our understanding of the meaning of life. I mean, sometimes a movie on a large screen can get so interesting that I get carried away thinking I was in there seeing all that’s going on and feeling it as well. You know what I mean, if you’ve been there.

These days, we have more than the flat large TV screen, we have 3D – and God knows how many other D’s on display there are, 3D printers capable of printing a whole house, a virtual reality game as real as what we believe to be real among others. The rate of adoption of these things is alarming. We endlessly crave for something new, different, an imaginary reality, a virtual world where we only have to imagine things to have it so.

The world is going digital, but you and I are aware of only little of this. How much do you know about digital products? The technology behind them is advancing at such a rate that I think, soon, we will live in a digital world where real people will exist but only virtually. Let me take you on a little journey of what you may call the Utopia of Impossibilities. A world as real as it gets where the dead lives on.

Prolonging a life may be difficult in this world, but not in the world I am about to paint for you. Remember the Mr. and Mrs. AI that recently moved into the neighborhood? Yes, our dearest neighbor, Artificial Intelligence. Word has it that they learn pretty fast. How difficult do you think it is for them to learn to speak like you, think like you, and do all the things that you do just like you do them when they have years and years to live within the same space as you? Not so difficult, right? They are already doing it.

So, there’s this virtual world you can get plugged into for days using a machine stationed but dynamic at the same time. All you need to do is to get strapped in, wear the gloves, the helmet, and the earplugs among others. Powered by the sun, to ensure it gets all the electricity it needs. Part of the machine is a well-preserved source of nutrients in liquid passed into your veins as prescribed by your vitals to keep you nourished throughout the entire time you are connected. Inside this virtual world, you get the opportunity to go to work or do whatever it is that you do in this life, make friends, buy houses. You get to start over and live the life that you want, all your dreams can be achieved as virtually everything is made possible.

For every character in this world, an Artificial Intelligence is dedicated to learning all of his/her attributes and a 3D scanner will create a digital copy of him/her to be brought to life in the other world. In summary, while you live in this world, the AI learns all there is to learn from you, but when you are gone, it will keep on learning from the available sources as it will choose different oracle sources in the same way that you would have. So your thought/mind lives on.

Funny thing is this isn’t a topic up for discussion on our list of Blockchain possibilities. At least, not just yet. It’s a journey for another time. Perhaps I will write an article on blockchain immortals next time. Representing each human with certain codes compiled together and documented to be kept alive on the decentralized ledger.

Today, we talk about the digital marketplace. Just another wonder of possibilities of the digital ledger. Blockchain isn’t real; it’s a created virtual world which of course poses an obstacle to a “real” marketplace in the beginning as only digital products can be transacted. This was at the beginning of course; over time somehow a lot of products have been digitalized. Our focus will be on establishing a market for the digital products on the Blockchain, enhanced using a lightweight contract.

The usual digital products that are sold include:

  • eBooks (being the most common of all)
  • Apps
  • Video tutorials
  • Members-only content or discussion boards
  • Tools or templates
  • Coaching
  • Webinars
  • Original music
  • Stock photos
  • Online courses

I will like to add another which is the “Digital/Electronic prints”.

One of the challenges we often face when we buy internationally is the long wait for the shipment to arrive or having to pay extra for the delivery or even realizing that we aren’t allowed to trade with the country among many other reasons. A lasting solution will be to be able to order an artwork from China and be able to hold it physically in the U.S. a few minutes later after printing it.

My idea is to create a marketplace on the Blockchain where digital designs such as 3D arts and other 3-dimensional objects including houses can be traded and then printed a few minutes later. Thanks to advancing technology, a house can now be printed in 24 hours for as low as $4000 in cost. So, in such a marketplace, all I need to do is buy a duplex design for a cost, then rent a mobile large 3D printer and an operator to print the house. The same is applicable for artworks.

3D printing is commonly known as the action or process of making a physical object from a three-dimensional digital model, typically by laying down many thin layers of a material in succession. It enables you to produce complex (functional) shapes using less material than traditional manufacturing methods. To create any complex shape in different sizes, you will need the digital model and that’s the market we want to add to the Blockchain.

Although the technology is quite new and testing isn’t done, it is a solution to printing many things including spare parts of various products, print clothes and in the medical lines for replacing artificial limbs etc. All these can be designed aesthetically with improvements and sold in the Blockchain marketplace. The house printing suits itself quite well in disaster areas or developing nations where the houses can be built very rapidly and with a smaller set of skills. With simple requirements which exclude recruiting hundreds of laborers, all you need is a skilled laborer to operate the printer. Even better, the printer can work around the clock.

Few of the existing marketplaces where the usual digital products are sold include:

1. Bamazoo
2. Payhip
3. Gumroad
4. Sellfy
5. Kimgarst
6. Society6

An example of a decentralized marketplace is the type originally built into the NXT Blockchain and now a feature on the Ignis child chain. To initiate a trade, the process is as follows:

  1. A developer uploads a message describing a product (it’s stored on the Blockchain).
  2. A user sends a payment to the developer’s account over the blockchain.
  3. The developer sends an encrypted message with a link or a code (stored on the Blockchain as well).
  4. The user decrypts the message and uses the code to unlock premium in the application.

Trading with an unknown buyer or seller in most cases can be dangerous being in a dark and black market. Products can’t be guaranteed. But with the advent of some recent developments including Lightweight Contracts, and the use of Oracles on the Blockchain, these issues can finally be put to rest.

Selling and buying on the Blockchain will still follow the same procedure as stated above, but a new seller or product will need to undergo certain processes. Thanks to the Account Properties feature of the Nxt and Ardor Blockchain platform, accounts can be ascribed with descriptive data which is also visible on the Blockchain. The Oracle source will be used to display products from sellers who have had their real identity confirmed, and the quality of their product confirmed, with the confirmations recorded on the blockchain (tagged to their account). Now to the question of how trust is earned.

Trust is earned by recommendation which can be explored on the Oracle, possible in two categories: by the buyers and by the previous sellers.

  1. We all understand how recommendations by the buyers work.
  2. Seller’s recommendation is attainable in hierarchy. The first seller on the platform to achieve buyers’ trust must test the subsequent seller’s product and vouch for it. A seller needs to select another seller on the platform, send a copy of the product to him/her for his/her recommendation before the product can be confirmed as trusted. Of course, everyone will be free to use the platform, and buying products without recommendation will be at the risk of the buyer. But in order to protect the buyer’s interest, the above-described process needs to be put in place.

Lastly comes the challenge of the best platform to choose when considering starting. I’m sure this is obvious already. A platform that needs no introduction. Fully scalable with the ability to integrate the Oracle and deploy blockchain-based contracts easily. A blockchain platform displaying a five-year success of harnessing the power of the sun. Chose wisely by going for the Ardor blockchain platform and you need not worry about security.

Read more from this series: Part I | Part II | Part III Part IV |


Further reading:

en.wikipedia.org/wiki/3D_printing

aljazeera.com/programmes/countingthecost/2018/07/printing-homes-3d-printed-houses-change-world-180722081917866.html

3dnatives.com/en/top-10-3d-printing-art-141020174/

3dnatives.com/en/3D-compare/filament

kimgarst.com/how-to-create-and-sell-profitable-digital-products-and-services

nxtplatform.org/what-is-nxt/marketplace/

Nxt [CORE]: Marketplace

Dear Investors, It’s Time To Face The Real Facts

Many of the existing blockchain startups that are looking to raise money are not real businesses. Yes, they have ideas, often brilliant ones that almost sound too good to be true. And then… that’s it. Nothing but ideas put on paper with no clue on how to fully execute it to make the promised prototype. So, time goes by with no real tested product and the investor’s trust starts to diminish.

“Many of the existing blockchain startups that are looking to raise money are not real businesses.”

Several business consultants and companies are out there now. Each with the determination to stand out from the crowd in what they do. They specialize in helping startup companies / dreamers craft their whitepaper and business plans in order to attract investors. Next time you see a beautiful whitepaper think of this. Endeavour not to have so much conviction in its content but also Do Your Own Research. Don’t get me wrong, whitepapers are and should be the first step, but it should be a determinant for the first 10% of the investment decision only. The real determinant goes far beyond this.

“Business consultants and companies…. specialize in helping startup companies (dreamers) craft their whitepaper and business plans in order to attract investors.”

Choosing the right blockchain token to invest in takes more than just skimming a whitepaper, a great promise, and a fancy website.  What you need is in the real details from the team to the existing product and the future expectations for its adoption. See the whitepaper as what it is, a means of coercion and the fancy websites as a possible means of deceit.

Let’s recall that investment by definition is the act of putting money or effort into something (a business) to make a profit after a scheduled time. Determining the worthwhileness of the investment for your hard-earned money is of extreme importance. Making investment decisions requires time. Time is very precious and time is what you might not feel you have. Time to learn and know more about a new industry. This could very well be associated with why many investors tend to make costly mistakes. They do not take their time to learn or they don’t have the interest to know more about a new industry.

“…determining the worthwhileness of the investment…. requires time…. to learn and know more about a new industry.”

Let me tell you a few things that you need to know about the Blockchain industry. Call it the summary of all important points, or a thousand pages in few lines. Blockchain is a public ledger in which peer-to-peer transactions are stored securely using cryptography in a verifiable and permanent way creating endless chains of data blocks that can’t be tampered with. It is a way to structure data, decentralized and secured with Cryptocurrency as one of its outstanding by-products.

It’s not up for debate anymore that an investment in Blockchain and Cryptocurrency can be very worthwhile, but it needs to be done right. As an investor, aren’t you tired of false promises and failure to deliver and market hypes with no real achievements? Failures always eventually lead to a dump and this we all know. The sad and bitter end of the few minutes of fame. This can all be averted if only we take a few minutes or even hours, weeks, months to learn about what we invest our hard-earned income of years into, for years to come.

Now that we have got the basics out of the way, let’s talk about a few investment options. Most importantly, let’s talk about the blockchain platform that can be powered by the sun. Let’s dialogue about the blockchain platform with a built-in Decentralized Exchange. With fully developed features such as voting, encrypted messaging, p2p marketplace, basic cloud storage and more. Let’s dialogue about Ardor and Nxt blockchain technologies.

“Let’s talk about the blockchain platform that can be powered by the sun.”

A worthwhile blockchain investment will satisfy some conditions if it were to be successful. Ardor satisfies these conditions:

  1. It will not be costly for the environment
  2. It is a working product not just a promise.
  3. The team is proven professionals and experienced blockchain engineers
  4. The tech solves the Blockchain bloat problem-it can scale globally
  5. Ardor brings the true nature of decentralization into effect by giving everyone the chance to participate and earn interest for securing the blockchain network.

These conditions are already fully developed and functional on the Ardor and Nxt blockchain. Below are some bullet points that can really be useful in getting to know more about these real investments opportunities and what makes them so different from the rest:

  • The Nxt asset exchange can be and has been used as a crowdfunding platform to kick-start projects and businesses.
  • Nxt also offers a classic ICO platform. It automatically returns the funds to the investors, if the fundraiser’s monetary goal isn’t met.
  • Nxt provides an authentication system that allows Nxt accounts holders to prove they are in control of the account.
  • Nxt offers a “Plugins” feature enabling third party software developers to add functionality to the Nxt client.
  • Nxt offers a bank statement similar function called the ‘account ledger’ enabling users to see what in-and outgoing transactions have been made from their account.
  • Some of the other tested features of Nxt includes but are not limited to: an asset exchange, a monetary system that allows you to create coins, voting, Data cloud and account control.
  • Nxt also offers a blockchain creation kit that allows you to easily launch a clone of Nxt, 10% of the Nxt clone’s tokens must be distributed to Nxt holders according to the JPL.
  • Ardor can be as reliable as Nxt, as it has the same years of experience in team and technology using PoS consensus algorithm eliminating mining competition and high energy usage.
  • Ardor invented the concept of child chains,  where transactions are removed from the blockchain and stored in the cloud once they are confirmed, hence solving the blockchain bloat problem, a major blockchain issue.
  • Ardor is developed in Java, same as Nxt, the most popular development language for commercial production.
  • Ardor’s parent-child chain architecture allows companies to build their products and services using ready-to-use and interconnected child chains relying on the security provided by the parent chain. Ignis being the first permissionless child chain, with all the features of Nxt and the Ardor platform.
  • Ardor offers lightweight contracts that don’t require the whole network to confirm all transactions for each dApp, and Jelurida is working on child chain subnets, decentralized storage, researching DAG implementations, and more.

In this new era of ICOs and new exchanges coming up, you will notice fake volumes, deceitful hypes, and pump-focused marketing plans. Sometimes it’s like a battle of who can fake it best and run away with billions in funds. A once great idea remains a great one but too often it is used for a selfish purpose in a short-term profit con. The resulting major problem is that blockchain startups are now being judged by biased analytics, fake adoptions and the high expectations of traders looking to get to the moon from the deep bottom of the planet in seconds.

We, as investors, need to judge right and ask the factual questions. Once again, look beyond the fancy websites, and perfected whitepapers, fake volumes, paper ideas and cunning promises. If you must judge, which you should as an investor, take a look at the founders, the team as a whole, the existing technology, future plans and their probability of success. Take, for example, a closer look at Jelurida’s projects. Look deep into Nxt, Ardor, and Ignis and rest assured you will not have to look any further.

This is a call to all investors, prospective and existing. A call to follow the voice of guidance through the dark path of deceit and choose wisely. Below are what others have to say about the company and their blockchain projects:

“For a property project with potentially millions of users and assets worldwide, blockchain bloat and functionality are of a primary concern to us”, says Dominium’s Managing Director, Mark Lloyd.

“Having closely followed several blockchain technologies from conception, including Ethereum, we strongly feel that Ardor is the platform with the best features for our business, especially the controlled trading of assets”, says Joost de Kruiff, a Dominium Blockchain Advisor.

“Ardor is doing some pretty important work thinking about new ways to structure blockchain infrastructure and security. If done correctly, the end result could be a solution that any business could implement without needing extensive technical expertise or ongoing maintenance”, says Bennett Garner, Coin Central.

“Nxt is an amazing and ambitious project. I’m truly excited to see Ardor in operation”, says Coinist.

“Ardor operates on a Blockchain-as-a-Service (BaaS) model, supporting many use cases out of the box and makes it easy for anyone to get into the blockchain space, while also allowing developers to build their own solutions on top of it”, says TROND VIDAR BJORØY, Head of Product development and Implementation- ATPI Nordics.

“Ardor is also a platform well suited for running ICOs — anyone is able to create a new currency and issue an ICO in a few minutes, making it a more accessible alternative to Ethereum”, says TROND VIDAR BJORØY, Head of Product development and Implementation- ATPI Nordics.

“Ardor is a major blockchain-as-a-service (BaaS) platform that helps companies to share digital currency with ease”, says Bitcoin Exchange Guide.

“Jelurida is not just another blockchain service provider. It has developed a customizable blockchain infrastructure that is ready for customer use”, says Cryptovest.

“Ardor solves the blockchain bloat issue with its prunable child chain infrastructure, which side chains do not solve”, says Fintech.finance.

“Ardor is the “WordPress of blockchain”, it was designed with simplicity, as such, offers a stress-free interface to users without the need for coding”, says Yusuf Olayode; Oracletimes.com.

 

Further reading?

Whitepaper

https://oracletimes.com/ethereum-eth-and-ardor-ardr-are-in-a-lifetime-war/
https://www.fintech.finance/01-news/ardor-blockchain-platform-launches-public-testing-forum/
https://cryptovest.com/reviews/private-blockchains—the-good-the-bad-and-all-the-misconceptions/
https://www.coinist.io/what-are-nxt-and-ardor-blockchain-platforms/
https://coincentral.com/what-is-ardor-blockchain-as-a-service-explained/
https://bitcoinexchangeguide.com/ardor/
https://venturebeat.com/2017/09/21/ardor-could-fix-key-blockchain-weaknesses-if-it-can-get-its-message-out/


The views, opinions and positions expressed within blog posts on Nxter.org are those of the author alone and do not (necessarily) represent those of Nxter. The accuracy, completeness and validity of any statements made within this article are not guaranteed. We accept no liability for any errors, omissions or representations.

Ardor API | Nxt API | Developer resources

ARDOR: A TOUR THROUGH UTOPIA (II)

If you have been a follower of the biggest development in the cryptoland, Ardor, then you must have read the first episode of this article series. Well, if you haven’t read it or you haven’t been following, then I say congratulations to you for seeing this sequel. Verily, you have finally found the future; now it lies in your hands. In the first episode, we discussed some of the adorable features of Ardor. They are adorable for, with Ardor and all which it represents, Cryptocurrency becomes worthwhile and interesting. Now, we shall discuss another feature of Ardor, by discussing what it involves and basically how it works.

May 2017, Jelurida’s Co-founder and Senior Developer, Lior Yaffe, was in Spain where he presented a voting use case based on the Ardor Blockchain platform at a live broadcasted Blockchain event organized by El Pais Retina in Madrid. The demo was prepared and demonstrated in collaboration with Accenture Spain and it showed how easily our Blockchain and its voting feature can be adapted to this important real world use case.

Well, you may begin to wonder what voting has got to do with activities in the cryptoland. You are probably asking if Ardor has secured the contract to organize the next presidential elections. Fortunately, we are here for you, for everyone, and for every organization. Since we often make decisions from time to time, we have established the voting features for use by our members.

Using the Voting System, any account can create a poll with one question and up to 100 answers. The creator of the poll qualifies who can vote based on the account, the balance per voting account, an asset, or a currency. Here is a summary of how it works.

#Poll creation: This is the first step in the voting system. Here, the administrator will be eligible to create specific questions and add them in the blockchain.

#Registration/Notification: The registration will be received through a medium which shall be received by stakeholders or eligible candidates.

#Casting of Votes: While votes are being cast, counting of the votes is on, and this will be done by the Blockchain itself.

#Poll Validation: The votes are confirmed and validated.

#Poll Ends: Here, the voting is brought to an end, after which nobody will be eligible to vote.

#Poll Results: Results are instantly presented in graphics and other forms.

The voting system allows for an online database, unlike the manual voting based on paper. A consensus method is adopted in casting and the results are released instantly; so no more waiting or unnecessary delays. Also, votes can be cast from anywhere, whether browser or mobile application. The system is user-friendly and there are in-built fraud avoidance features, which make it immutable, traceable and reliable.

So do you get the idea? The Cryptoland has been hit by changes, and the only solid ground is that which is open to positive changes. Not anymore is it just about the coins or trading in them, but a whole lot more. We are glad that Jelurida, the umbrella under which these groundbreaking ideas surfaced is at the forefront of this evolution. This is just the beginning. The wonders of Utopia cannot be comprehended or experienced in few days in time or pages in tales.

NXT/ARDOR: A SKY OF CLOUDS

There is no gainsaying that information rules the world, for information is simply knowledge and knowledge, they say, is power. Come to think of it, what can we do without information? Exactly! Information is everything we need to survive, and at the heart of that surviving factor (information) lies data. Everybody has got a need to put data together, to put them into use when the need arises and to keep every detail for future reference.

Of course, information has always been gathered several decades before now. But the reality of today has shown that things have changed drastically, new ideas have emerged and developments have taken place. One of such developments is the inclusion of additional data storage features as part of the blockchain. This is possible on NXT, Ardor and its child chains, such as Ignis, with the Data Cloud feature. Data that can be saved on the cloud range from data derived from the blockchain itself, to every other kind of data, including personal data.

The Ardor platform provides more information on this great feature. It states, “The Nxt Data Cloud is a decentralized data storage system. In addition to keeping a record of Nxt transactions, the Blockchain can also be used to store user-defined data. All forms of data can be uploaded to the Nxt Blockchain, providing a secure (and, if desired, permanent) method of storing, retrieving and publishing information.

“One of the most important features of data storage on the Blockchain is that the Nxt Blockchain is a permanent and immutable record that provides a tamper-proof time stamp. This allows for legal records (such as contracts) to be embedded in the Blockchain, with absolute certainty about the time at which they were created.”

The platform, while buttressing the encompassing nature of the Data Cloud gives instances of data that can be saved therein. It includes: use cases; land titles, vehicle registries, business license, business incorporation/dissolution records, business ownership records, regulatory records, criminal records, passports, birth certificates, death certificates, voter IDs, voting, health/safety inspections, building permits, Gun permits, Forensic evidence, court records, voting records, non-profit records, government/non-profit accounting/transparency.

It can as well be used to store private records; contracts, signatures, wills, trusts, escrows, and GPS trails (personal). It may also be used for other semi-public records; degree, certifications, learning outcomes, grades, HR records (salary, performance reviews, accomplishment), medical records, accounting records, business transaction records, genome data, GPS trails (institutional), delivery records, arbitration and so on.

Take a closer look at the sky and tell me what you see. Clouds within and around which lies the wonders and gateway to the constellations. Look deeper and we get into the imaginary world that is never the same in the eyes of every observer. When the team looks at the Blockchain and its unachieved and untamed possibilities, they see what others do not. They see endless use with the tendency to change the world.

The future is here. Blockchains are no longer as rigid as blocks for, with NXT/Ardor, we make them flexible enough to improve existing processes and solutions. So, if you haven’t started moving with the train, it’s time you do. It’s time you took control of the future. What’s more, it is high time you saved those pieces of information on the Cloud, and remained as confident as a bird in the sky.

Ardor, A tour through Utopia (I)

One of the previous publications on Ardor addressed a germane issue in the Crypto-land. This issue is that which is concerned with investment, patience and ultimately, the need to make massive profit after strategically adopting the former concerns. The publication was inspired by a conversation among Crypto actors on the expected return from their investments in Ardor. Fortunately, they were later convinced that Ardor is no scam or fraudulent scheme, but a platform that has come to stay and also a platform, where the future of blockchain lies.

But let’s put that aside. Have you realized that Ardor has some adorable features which makes cryptocurenncy worthwhile and interesting? No? Ooopppsssss, you are definitely missing out.

MARKETPLACE:
Yes! You might probably refer to it as E-commerce in a new dimension, but it is certain that this is one feature which you will definitely enjoy. Buying and selling has been made easy with Ardor and members of the blockchain can easily trade goods win one another. Easy, right? Definitely. Here, two things come to play -members buy from and sell to others on the blockchain; and enterprising members are empowered to market their products to others on the Ardor platform.

So, Ardor allows you to have a blockchain marketplace where anyone can buy and sell physical and digital items. The Marketplace is already a part of the Ignis child chain and any other child chain to be established under Ardor shall possess this great feature. This is cryptocurrency renewed, this is adorable, this is Ardor.

The Ardor platform describes this feature thus; “The Marketplace enables direct peer-to-peer trading on the blockchain. It is an open decentralized store for all digital goods. You may sell or purchase software, music, video, ebooks or any other kind of digital good here. Simply browse the available products, place an order and the seller will send you information of how to download the good (usually a link) inside the blockchain system.”

The platform acknowledges a development which shows progress and commitment, thus “although Marketplace was designed for buying and selling digital merchandise, physical items have also been listed for sale”.

ACCOUNT CONTROL:
It is well known that security is key to the success of any business -online and offline. In the case of online businesses, like operations in the crypto-land, it is always of great need and emphasis with the aim of protecting online actors, avoiding exploitation and manipulation of various kinds. Therefore, it is for this reason that Ardor and it’s child chains possess the Account Control feature, which is a security measure that ensures that access is rightfully restricted and unapproved transactions are prohibited.

The Ardor platform explains the features further. It states thus; “Restrict access to a blockchain account or prohibit transactions without approval by multiple parties. Rules can be written for each account to limit the terms of a transaction. Features of Account Control include setting a lock on an account to prohibit any outgoing transactions and defining a set of rules for unlocking the account”.

It should be noted that above are just two among the several features of Ardor. While other features shall be discussed in subsequent publications, it is already evident that with Ardor, activities in the Crypto-land is interesting, enjoyable and adorable. If you want to journey to a far land, yet so near; with beauty beyond which words can describe; and have an interesting voyage same as the rest but with a different experience, then take a journey to Ardor. The Utopia of Crypto-land. The chains have gathered, the train is moving and the destination is nowhere but the future of blockchain.

The Equal Market You Ought to Explore

Equality has always been a farfetched term and only exists in the dreams. Unfairness and inequality have gone beyond the five fingers and have eaten deep into all systems. But then, this isn’t a conversation that concerns us at the moment. However, the market is. Who can survive without a market? No living man can, unless he provides everything he needs all by himself. The greatest of all markets of course is the financial market, as money is another commodity one can’t do without and a conversation everyone wants to engage in. After all, it makes the world go round. So, let’s talk about “The Market”, “The Money Market”.

Let me throw out a rhetorical question to my dear readers. “Have you ever been to a market place?” The obvious answer is that nearly everyone has – whether from the corner of our rooms through the internet windows on our mobile phones, or actually through physical interactions. It’s a place for all commodities essential to human life. Several years back before the introduction of the Financial Market system, it will be deemed a myth to forecast a future of such market. Today we have Foreign Exchange Markets and, even more, we have the Exchange for Digital currencies. Now, that’s a market everyone is talking about. A future some few are afraid of.

The idea of having a decentralized, difficult to corrupt system and a future of independent financial structure terrifies me. I am the man behind the corrupt politics, a wealthy aristocrat who wants it all for himself.  But then, the world we know has become little and encircled by the Crypto-space. Cryptocurrency is here to stay. Cheers to the common man as he at last has a fair and equal opportunity in the space.

Available materials show that Cryptocurrency came in as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first Cryptocurrency, never intended to invent a currency. In his announcement in late 2008, he declared that he had developed a ‘Peer-to-Peer Electronic Cash System”. Satoshi’s invention was a successful creation of a decentralized digital cash system, which came in after several attempts had failed. Well, that was about ten years ago when Satoshi made his invention, which is still raising questions, fear, as well as optimism among the populace.

Years have passed and the rains of ideas have fallen unto the plains of execution effecting sudden germinations of several digital currencies. They rose from all directions with similar offer but only a different name and people behind it to distinguish them. Few stood out with more to offer and determination to bring that future even nearer. From BCNext came the idea of such a rare currency in 2013. A second generation of cryptos that was developed from scratch. It came with it many features that would have been thought of to be the future of digital currency such as shuffling, decentralized DNS, peer-to-peer exchange, voting system to mention a few. It emphasized on the broad nature of blockchain which was more than just a currency.

As a continued effort of the 5-year Legacy of NXT came Ardor in the earliest hours of 2018. A second iteration of NXT, a whole new exciting journey of cryptocurrency with new and interesting features. Sitting on the throne as the first parent chain, Ardor welcomed the first child chain, “Ignis”, each with individual differences and goals in the blockchain vision realization. To the team behind it, the future is all that matters. A future with a carefully laid foundation is definitely a never-ending one. Part of the features that makes the whole development more than just a currency to be traded is the Market Place. The end dream of every currency is to be spent and not just traded of. Paving the path to the future where cryptocurrency realizes its goal of being a genuine means of exchange makes it a cryptocurrency of the future.

As the Ardor Platform puts it: “The Marketplace enables direct peer-to-peer trading on the blockchain. It is an open decentralized store for all digital goods. You may sell or purchase software, music, video, ebooks or any other kind of digital good here. Simply browse the available products, place an order and the seller will send you information of how to download the good (usually a link) inside the blockchain system. Although Marketplace was designed for buying and selling digital merchandise, physical items have also been listed for sale.”

So, when the idea crossed your mind of being part of the great future in the emerging blockchain industry, think no further. It can’t get any better than the one that builds on the two greatest entities, Market and Money. This is the big thing. It is a market for you, me and every one of us. It is a market you ought to explore.