Jelurida Improves Process Automation, Transaction Security, Sponsored Fee Payment, and Instant Exchange with 100+ Currencies in Ardor Version 2.1.2

Lugano, Switzerland - October 8, 2018 - Jelurida this weekend introduced Ardor version 2.1.2, launching revolutionary and easy-to-integrate Turing-complete Lightweight Contracts on testnet. Additionally, three new business-ready features were introduced on the Ardor 2.1.2 mainnet: tamperproof dual-signature Transaction Vouchers, five Bundler templates for sponsoring end user fees, and a plug-in for integrating Changelly's instant exchange between 100+ currencies.

The Ardor 2.1.2 release makes deploying oracle contracts and integrating external systems with the blockchain faster, cheaper, and more secure than ever. Ardor's pioneering two-step Lightweight Contract deployment process introduces contract lifecycle management tools that entirely avoid costly data migration processes, while guaranteeing interoperability and backward compatibility in future software releases. Ardor's revolutionary Transaction Vouchers introduce an elegant real-life redemption process - eliminating the age-old financial risk of wiring funds to the wrong address. The five custom Bundler templates included in Ardor 2.1.2 allow businesses to hedge monthly business expenses while offering free transactions and custom fee structures to their service end-users. Last, the integration of the Changelly exchange means Ardor 2.1.2 users can instantly exchange their Bitcoin, Ethereum, Ripple, and 100+ other cryptocurrencies directly to ARDR and IGNIS without leaving the familiar Ardor interface.

“Ardor 2.1.2 opens the door for cost-effective blockchain adoption in real business contexts”, said Lior Yaffe, Managing Director at Jelurida. “Ardor's robust features are unmatched by any of our competitors and we intend to maintain this first mover advantage with new feature releases already planned for in the coming months.”

Lightweight Contracts Revolutionize Business Process Automation

Lightweight Contracts are a revolutionary new generation of blockchain validated smart contracts currently available on the Ardor 2.1.2 testnet. Lightweight Contracts optimize the process of integrating legacy systems with blockchain infrastructure using a simple and secure two-step process that introduces powerful contract life cycle management features that avoid costly data migrations. The addition of the Contract Manager plugin, Contract Verification Framework, and API callers in Ardor 2.1.2 streamline contract development - allowing Java developers to deploy their first Lightweight Contracts with just a few basic lines of code. Ten sample contracts and an IntelliJ IDE project are also included in the free software package available on Jelurida's website. With Ardor 2.1.2, it is becoming easier than ever for businesses to integrate their systems with pioneering blockchain infrastructure.

Transaction Vouchers Offer Unparalleled Transaction Security

Transaction Vouchers on the Ardor 2.1.2 mainnet provide an unparalleled level of security for financial transactions by utilizing a foolproof dual-signature process. Transaction Vouchers are exclusive to the Ardor platform and they eliminate one of the oldest problems in financial history: mistakenly sending funds to the wrong wire address. These small errors in wire transfers lead to incalculable losses and hundreds of ill-fated claims in small courts each year. Accounts on the Ardor platform have their own unique passphrase for signing transactions. Transaction Vouchers are simple QR codes and JSON data files requiring both sender and receiver to sign the shared Transaction Voucher before it is submitted to the blockchain. This simple and elegant design means a mistake in either of the account addresses will result in a failed passphrase signoff. Transaction Vouchers provide unprecedented transaction security for the transfer of digital assets, shares, dividends, marketplace goods, and monetary supplies by eliminating the potential for sending funds to the wrong account address.

Custom Bundlers Enable Free Transactions for Service End Users

The Ardor network validates all transactions across applications and services built using the platform. The Ardor 2.1.2 release provides five simple template filters that serve as building blocks for creating fully customized end-user experiences. Custom Bundlers allow businesses to sponsor the Ardor network transaction fees for select users. This innovative architecture means businesses can hedge their expenses based on estimated network volume while end-users of their blockchain no longer need to pay transaction fees, leading to a simpler end user experience.

Changelly Instant Exchange Plug-in Brings Bitcoin, Ethereum, and 100+ cryptocurrencies Directly to ARDR

The Ardor 2.1.2 release further enhanced the platform’s feature-rich user experience by making it easier than ever to exchange between ARDR, any of the ecosystem's child chains, and more than 100 different cryptocurrencies including Bitcoin and Ethereum. Changelly has been a trusted provider of instant cryptocurrency exchanges since 2013 and they recently added Ardor to their offerings. With the Ardor software’s existing built-in decentralized exchange between child chains and version 2.1.2's new Changelly plug-in for interacting with external cryptocurrencies, the developers at Jelurida continue to chip away at the barriers holding businesses back from adopting blockchain technology.

 

About JELURIDA

Jelurida is a blockchain software company that enables enterprises to build decentralized applications and services utilizing the Nxt and Ardor technologies. We offer scalable proof-of-stake blockchain solutions, with a unique parent-child chain architecture, built on top of five years of software development and production blockchain experience.

Attribution

This article first appeared on jelurida.com in October 2018