Place/Date: Lons-le-Saunier, France - January 25th, 2018 at 8:06 am UTC · 3 min read
Contact: Travis Walker, Source: Ark
ARK set out to create a blockchain solution that offers all of the traditional benefits that come with blockchain networks and systems; ARK is a platform that enables users, developers and startup companies to access exciting and groundbreaking blockchain technologies.
As stated on the website, ARK is setting up to create ‘an entire ecosystem of linked chains and a virtual spider web of endless use-cases that make ARK highly flexible, adaptable and scalable’.
By making the blockchain readily available and accessible to many consumers, ARK builds bridges to allow for the simultaneous utilisation of multiple blockchain networks, simplifying the process of having to endlessly trade coins to gain access to rival networks, for example the two major networks Ethereum and Bitcoin.
In short, through the ACES Project (Ark Contract Execution Services) the ARK network can interact freely with Bitcoin, Ethereum and Litecoin blockchains via its genius SmartBridge technology, giving ARK the immense power to utilise their features, such as Smart Contracts which are the bread and butter of the Ethereum Network.
As of now, hackers, developers and anyone who knows enjoys a foray into new technologies have the ability to launch their very own blockchain that runs on ARK technology within minutes.
As the first step toward creating an extremely vigorous ecosystem, the ARK Deployer script gives enthusiasts the chance to begin learning the workings of the ARK ecosystem and familiarise themselves with the code, which is now available for demonstrations through Hackathons and conferences, the script will allow the world to test the limitations of the of the blockchain ‘web’ that ARK so desires to produce.
With Point. Click. Blockchain. You will be able to create your very own connected blockchain, it will not be built on top of the ARK main blockchain, it will be built in paralel. Giving you full control and customizability. Travis Walker at ARK said the following:
“Unlike ethereum and ERC20 tokens. all ark cloned chains can have their own blockchain that will be connected to the ark ecosystem. They will be customizable, you can set your blocktimes, number of delegates, and more. This gives you complete freedom and independance without bloating the ARK mainchain, but while still having the ability to utilize the entire ecosystem”
For many blockchain technologies it doesn’t seem like a necessary technological tool because of their current reputations and the little public knowledge of how they work. A startup for instance would benefit from blockchain tech as it collectively tracks and unifies events, movements of product, whatever it may be across all parties and give them all the same copy of the ledger.
The benefits are far reaching; a single source of truth for instance will enable all parties on the network to see the same data which also adds a layer of security to business practices and processes.
A startup company can benefit immensely from the Ark Deployer script and begin to build their own blockchain network, one that offers a single truth source, reduces the reliance on costly intermediaries that tend to increase business costs and generate time wasting inefficiencies.
The future of Ark is gleaming at present, once the vision of Push-button blockchain deployment has been realised, there will be a fascinating boom of blockchain understandings and fundamentals as well as the further adoption of the Ark networks fluid and scalable blockchain software.
Disclaimer ARK is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.