Where ARK is Accepted Locally and Globally

Jonathan Roseland
3 min readJul 28, 2021

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Ark is The Simplest Way to Blockchain and a smart contract platform out of France. While not its main use case, the ARK token functions as a commerce coin and is accepted by businesses, from a Peruvian tourism operator to a Berlin-based crypto-inspired fashion line.

Who accepts ARK…

Are you an Entrepreneur, freelancer, or manager of a business accepting cryptocurrency?

Should you buy ARK?

If you want to take a chance on a dubitable smart contract platform, it’s ranked #192 on CoinMarketCap currently.

After its ICO in 2016, its price ran up to $10, then crashed, and has languished for years. With the exception of ARK’s MarketSquare project, I couldn’t find on their website any impressive applications of the technology. Not being a smart contract wizard myself, I don’t see them proving the viability of ARK with anything approaching a real-world application. It’s been nearly five years since their ICO and they should have more to show than a blockchain platform for people who want to build blockchain platforms for other blockchain platforms for other blockchain platforms — it’s going to be blockchain platforms all the way down! The competition is ferocious in the burgeoning smart contract space, the blue-chip smart contract projects have ample examples of their technology’s adoption, it’s unclear whether ARK can distinguish itself.

About

ARK is a cryptocurrency and blockchain-based development platform allowing anyone to create their own fully customizable and interoperable blockchain. Reducing the industries need for Smart Contracts by using custom transactions, logic, and multiple programming languages.

from coinmarketcap.com

ARK empowers everyone, regardless of their aim or technical background, to quickly and easily leverage blockchain technology. Our whitepaper will identify well known problems within the blockchain industry and illustrate how ARK technology solves them. In the current hype-driven blockchain landscape, ARK acts as a beacon for individuals, groups, and enterprises seeking to apply blockchain technology to both reach their individual goals and affect change in their local community. ARK’s uniquely simple technology stack allows almost anyone to create and deploy standalone blockchains for any use case. These newly created blockchains will have the ability to interoperate through ARK SmartBridge Technology. ARK is also reinventing smart contracts with ARK Logic, a collection of tools including custom transaction types, templates, and plugins. ARK Logic brings security, adaptability, and scalability to decentralized computing workflows. Most importantly, the ARK Ecosystem fosters a growing international community of developers, node operators, blockchains, businesses, and enthusiasts who collectively breathe life into this disruptive technology.

From the abstract of the Ark whitepaper

Originally published on MarketplaceGOLD. I’m an independent researcher passionate about financial antifragility and economic philosophy, not a licensed financial adviser. This is not financial advice. Please practice skepticism and critical thinking.

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Jonathan Roseland
Jonathan Roseland

Written by Jonathan Roseland

Adventuring philosopher, Pompous pontificator, Writer, K-Selected Biohacker, Tantric husband, Raconteur & Smart Drug Dealer 🇺🇸

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