Ardor is a Blockchain-as-a-Service (BaaS) platform that allows businesses and organizations to create their own chains as subchains of the Ardor Blockchain. Ardor is created to provide businesses with the necessary infrastructure to take advantage of blockchain technology without incurring the time and expense associated with developing their own unique Blockchain solutions. Ardor’s key services include application development, smart contract implementation, and the use of additional Blockchain technologies.
Ardor Token (ARDR) is an Ardor utility token that businesses and organizations within the network use to pay BaaS service and transaction costs. In addition, ARDR is used to reward nodes within the network through transaction fees.