Ardor is a multichain blockchain platform with a parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while
the interoperable child chains have all the functionality. The team believes that this design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards the mainstream adoption of blockchain technology.
Ardor was created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions. Ardor is based on Nxt technology and claims to offer the first pure proof of stake consensus algorithm. Ardor's first child chain is Ignis.
Development of all three tokens (ARDR, IGNIS, NXT) is managed by Jelurida Swiss SA.