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Ark is creating a sandbox ecosystem where businesses can create their own blockchain in just a few clicks from a clone of the ARK blockchain. The company wants to create a system of linked blockchains that can communicate with each other.
Ark plans to stimulate cryptocurrency mass adoption by offering multiple consumer tools like a card network, game tokens, anonymous transactions, multi-signature accounts, and others. The company is focusing heavily on providing a good user experience and incorporating as many coding languages as possible. More features and tools are being added as the blockchain develops.
Ark uses Delegated Proof-of-Stake (DPoS) with 51 delegates. Users can stake their coins with these delegates and earn some returns over time.
Ark offers Blockchain-as-a-Service (BaaS) with its SmartBridge product. Similar to atomic swaps in which blockchains that use the same protocol can trade with each other, SmartBridge allows communication between two blockchains. However, it claims to not require the blockchains to be running on the same protocol.