This episode of Blockchain Token – Which is it? covers Ardor! In this series, we will cover the different types of blockchain platforms and cryptocurrencies on the market right now. We’ll give you a quick description of each blockchain/token, its function, their competition and where you can learn more.
Ardor is its built off of NXT blockchain tech, an alternative to Bitcoin and Ethereum’s blockchains. How does Ardor distinguish itself? The platform claims unlimited scalability, safe and reliable Smart contracts similar to ethereum however using NXT technology, create and customize your own “child chain” which can interact with the main chain as well as any other “child chains” created.
Ardor is a great solution for any private or public organization that deals with a lot of data. In this day and age we are constantly hearing about how popular company’s are hacked, and now your personal data is just out there to go to the highest bidder. Implementing blockchain technology provides for more reliable security, with a much lower chance of customer data being compromised. Additionally, some organizations work with sensitive information. While this information is often protected heavily with standard security measures, these organizations are still looking towards blockchains to be the standard of tech security.
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