Jelurida Sets Out Ardor Development Roadmap

Jelurida, the development team behind the leading decentralised financial platform Nxt, today lays out its roadmap for  the development of the Ardor Blockchain platform which will allow users, businesses, and organizations to have their own blockchain with pre-installed features from Nxt, such as the ability to create assets and have them traded on a decentralized asset exchange. These blockchains, known as child chains, will be connected to the Ardor blockchain and will not require creators to set up additional nodes to support their blockchain. Jelurida has over the course of the year set out its vision to create a Blockchain platform that is open to everyone: single users, fintech start-ups, bankers, and even mainstream governments.

Jelurida also looks to maintain its track record as a pioneer in the rapidly evolving Blockchain industry. Since the planned creation of the Ardor platform was announced in 2016, the ecosystem has been designed, tested, fully implemented to include user interface support, and had a number of additional features added, such as a cross-chain Coin Exchange, where users of different child chains will be able to exchange coins with one another.

Dave Pearce, Board Member of the Nxt Foundation, which works closely with Jelurida and supports and promotes both Nxt and Ardor, said: The community is very proud of the progress that has been made since we announced the launch of the Ardor Platform. The  team of software engineers and expert coders at Jelurida are working on creating a platform that can be applied to any number of industries. Since it was founded in 2013, Nxt has been a pioneer in the Blockchain arena, extending the functionality of existing technology, and expanding accessibility to all potential participants. The launch of Ardor will allow others to easily utilize this technology on their own blockchain. However, it’s important to note that Nxt will still continue and be supported by both Jelurida and the Foundation after the launch of Ardor.

The infrastructure will be designed and tested during this quarter, and the second half of 2017 will see the launch of the Ardor mainnet. As the year progresses, both the Nxt Foundation and Jelurida anticipates that a number of third party entities will adopt child chains with the native coin pegged in Euros, Dollars, and Bitcoin, as well as other currencies or completely new ones.