Ardor is a multi-chain blockchain platform with a parent-child chain architecture. Security for the entire network is provided by the Ardor parent chain while
Interoperable subchains have full functionality. The team believes that this design and access to hybrid user authorization capabilities is key to the flexibility needed for a variety of use cases and opens the door for the adoption of traditional blockchain technology. Ardor was built with scalability in mind and solves many existing industry problems such as blockchain lock-in, reliance on a single token, and the need for easily customizable yet compatible blockchain solutions. Ardor is based on Nxt technology and claims to offer the first pure proof consensus algorithm. The first chain of sons of Ardor is Ignis. Jelurida Swiss SA manages the development of the three tokens (ARDR, IGNIS, NXT).