1. Introduction

1.1 State of the Industry

In 2008, Satoshi Nakamoto published a ground-breaking paper that presented the first decentralized solution to solve the problem of double spending in digital networks [1]. The ensuing years witnessed a proliferation of projects driven by innovators who understood the vast, transformative potential of blockchain technologies. The exuberance that drove the initial growth of the decentralized technology landscape has yielded to pragmatism and questions about adoption and use-cases. Blockchain projects are now moving from experimentation around decentralized technologies to complete solutions including consensus mechanisms, identity, data structures, crypto-economic designs and smart contracts. But to deliver truly world-changing results, blockchain technologies must be easily accessible to developers, users, governments, and businesses alike [2].

1.2 Eliminating the Barriers to Entry

A core mission of the ARK project is to eliminate the barriers to entry into the blockchain space posed by complex technology. By providing a user-friendly communication layer to the open network of Web 3.0, ARK meets the needs of enterprises, start-ups, and developers requiring sophisticated, decentralized, application-centric blockchains. Blockchains built with ARK Core code, what we call bridgechains, can interlink or work independently. Highly adaptable according to specific needs, bridgechains enable users to exchange data, expand business models, and develop novel use cases.

1.3 ARK as the Perfect Starting Point

The ARK Ecosystem allows blockchain developers to customize a sovereign blockchain complete with required feature sets. ARK’s value proposition lies in the array of services offered through the ARK Blockchain Platform. These services include interconnection with different blockchains, seamless integration of custom business logic, flexible development of tailored transaction types, and access to a global, community support system - all rooted in an intuitive development experience.

Additional Resources