What is Ignis?
Ignis is an essential part of the Ardor platform. It is the main child chain – fully featured and permissionless for everyday transactions with low fees.
On the other hand, Ardor is a decentralised blockchain platform that serves as blockchain-as-a-service medium with unique parent-child architecture.
That is, Ignis is the main child chain of Ardor and also has a connection with the newly introduced vessel-chain.
Vesselchain is a new solution of Ignis public chain developed to solve some problems in the shipping industry. It is inarguably true that the shipping industry has played a vital role in the global economical growth and advancement of the World at large. For a fact, global trade has expanded over time through the logistic service of the shipping industry. However, the industry is experiencing some setbacks and needs major reformations in its operations.
A Detailed Analysis of the Ignis Use-Case in the Shipping Industry;`
The blockchain solution, ignis will support the maritime industry in the following ways
used an increase in operations time. In this case, the regulations guiding shipping and its operations can be stored on the blockchain. That way the database is decentralised and open for all ship owners to access as well as comply.
- Record significant information on a decentralised database
Rights will be effectively protected through this method, information will not be lost and ship repairers or the maintenance agency can check the database of a particular ship to see its usage level and give advise to the ship owner when necessary
- Maritime operations transferrence
Transferring the maritime operations to the blockchain is easy and is also functional on mobile devices, this is because the Ignis nodes can actively run on the devices
- The related intermediaries can follow-up
Merchants can track their goods, the processes of attaining them and the regulations guiding the operations simultaneously.
