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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.