Mass Adoption of Blockchain Technology
Indiana Jones – “Do we need the monkey?”
Marion Ravenwood – “I’m surprised at you. Talking that way about
our baby. he’s got your looks, too.
Indiana Jones – “And your brains.”
Marion Ravenwood – “Yes he does! He’s very smart!”
Information + Resources
The ARK Ecosystem, which went live in March 2017, brings many more languages and use cases to a decentralized blockchain platform than most competitors. Derived from Lisk, Crypti, and BitShares, ARK is designed to herald mass-adoption of blockchain tech by bringing many popular and emerging technologies together into a single system.
Apps on Bitcoin, Ethereum, and Lisk will be able to utilize ARK apps as well. ARK is also integrating the InterPlanetary File System (IPFS) to enable distributed peer-to-peer media hosting, as well as InterPlanetary DataBase (IPDB) for a peer-to-peer blockchain database. ARK is open source and lets developers fork ARK’s blockchain to build their own networks. ARK will also feature optional privacy for transactions so they do not have to appear on the ledger.
Overall the tech looks promising and as broadly-usable as any one platform is attempting, at least that I’ve found thus far. Ethereum will probably do all of this eventually, too, though, so keep an eye on different development teams. Ark has a passionate and growing team behind it who are developing the network and seeking new partnerships constantly.
The platform itself is so new that its first apps are still in development as of June 5, 2017. These apps will help prove whether the technology works as promised. ARK is seeking lots of partnerships as it is looking to be THE platform that brings highly interoperable blockchain technology, with the addition of the desirable IPFS and IPDB protocols, as well as its own secure transaction system that will even include a physical card, all together to bring the “universe” of blockchain technology into the mass market. This is one to pay attention to.
Future: Heating up
// Written June 6, ’17. Price at the time: $0.63 / ARK
// Edited June 17, ’17. Price at the time: $0.82 / ARK
// Edited June 21, ’17. Price at the time: $0.62 / ARK
// Edited June 29, ’17. Price at the time: $0.56 / ARK