Jelurida's Ardor Blockchain platform now offers smart Java contracts with Ignis lightweight contracts

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LUGANO, Switzerland, 10 January 2019 / CNW / –

Business – Meet the Blockchain you& # 39;I've been waiting for

Jelurida today has unleashed the potential for external business systems to integrate efficiently with the blockchain using a rationalized smart life-cycle management framework. Ignis lightweight contracts on the Ardor platform are encoded in Java, the most widespread corporate software language on the planet. These revolutionary smart contracts use an elegant two-step implementation process, minimizing data stored directly in smart contracts while ensuring maximum data security.

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A secure bridge between legacy and blockchain systems

Ignis Lightweight Contracts processes input data from a trigger transaction and the result is recorded on the blockchain as an output transaction. This intuitive design means for the first time ever, the simple implementation of a new version of the code and the updating of future trigger transactions are enough to update an intelligent contract. It is also easier than ever to develop oracles that interface between external data sources and the Ardor blockchain because Ignis Lightweight Contracts automates specific processes without storing status information, such as token balances, internally. Well-accepted lightweight contract models and decentralized applications (dApp) have the potential to be sold or distributed open source through the existing Ignis market.

Fair play in contracts is ensured by a security framework that simplifies the implementation of verification and approval nodes to replicate the calculations and outputs of the running contract. In addition, Jelurida's innovative hash secret solution ensures that funds are never permanently locked in an Ignis Lightweight Contract when a contract is not activated. The combination of these solutions provides an unprecedented level of confidence in financial and data security when using the distributed public registry of the Ardor platform.

Provide the utility of the real world

Jelurida has further expanded the functionality of the real world of the Ardor platform with the activation of Asset Properties and the Max Property Group (MPG) children's chain.

Ignis offered the ability to tokenize resources since its inception. Now, Asset Properties makes it easier than ever for complete management of supply chains on the blockchain by linking balance sheets and balance sheets. A new guide shows three simple steps for the tokenisation of an agricultural supply chain.

The Max Property Group (MPG) children's chain represents the most distinctive case of the real world of the Ardor platform since the launch of Ardorgate's euro-pegged AEUR chip. Users who complete the verification processes of the KYC / AML accounts required with Max Property Group will be among the first to access real estate and in-house investments.

SOURCE Jelurida

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