Swiss software company Jelurida has detailed its game plan to make the Ardor platform’s end-to-end services stand out from the IBM Hyperledger, Amazon AWS, and Microsoft Azure, not long after it launched the Transaction Vouchers on the Ardor 2.1.2 mainnet, October 9.
Jelurida wanted to make it clear “not all blockchain-as-a-service offerings are created equal.” The Ardor platform’s pioneering parent and child chain design enables businesses to rapidly and cost-effectively launch their own permissioned child chains with lots of built-in features secured by the Ardor main (“parent”) chain.
Ignis, the initial child chain, performs as a functioning example of the platform’s business-ready features. By letting businesses to “simply plug” their child chain into the Ardor parent chain and upgrade the security of its existing decentralized network of nodes, Jelurida has gotten rid of a key barrier to entry for businesses interested in integrating blockchain with their offerings.
Martynas Bacevicius, CEO and Founder of Ardorgate’s AEUR euro pegged child chain, stated:
We are thrilled transaction security has been a focal point of the team at Jelurida. The AEUR team is looking in to how Transaction Vouchers could be used to optimize security for our users as they move euros between our banking partner and Ardor’s business-friendly ecosystem.
Jelurida also claims that it can eliminate the age-old issue of wire fraud. According to their press release, the Transaction Vouchers on the Ardor 2.1.2 mainnet provide an incomparable level of security for financial transactions by using a foolproof dual-signature process.
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