Nxt Revenue and Competitors

Jelurida enables companies to develop blockchain applications. Using Jelurida's Nxt and Ardor blockchain platforms, companies can quickly and easily join the blockchain revolution and develop decentralized applications which enable 3rd parties to cooperate without trusting each other.  Jelurida's blockchain technology is ready to be applied and enables customers to cooperate, promote unique value propositions, and create new business tackling real market opportunities. Jelurida offers the proof of stake consensus and parent/child solutions built on top of four years of software development, IT experience and technological leadership. Jelurida raised $15m in 2017 in order to expend its operations and enter new markets. The Ardor blockchain platform: Ardor is the scalable Blockchain-as-a-Service platform for business developed by Jelurida. Based on the Nxt technology, its unique parent-child chain architecture allows companies to build their products and services using child chains while relying on the security provided by the parent chain. The Ardor Platform, like Nxt, uses the proof-of-stake consensus algorithm which eliminates mining competition, therefore nodes can use low energy and economical hardware. The Nxt blockchain: Nxt is a secure and mature blockchain technology developed by Jelurida, particularly well-suited for teams not just running ICOs but also building blockchain applications in a well-known and reliable language like Java just using APIs, making it more accessible for companies to adopt this technology. Nxt has been tested by several noteworthy entities – including the European banks BNP Paribas and Accenture Spain – and it is being used to build blockchain applications that will see the light this year.