Objective of the project
The AERGO project aims to bring the blockchain for organizations to a new level. Organizations will be able to create and develop their own blockchain applications in the cloud based on the AERGO platform using the fourth generation protocol. Most existing dApps use decentralized platforms with slow speeds, high running costs, insufficient scalability, and low confidentiality.
Innovation
The AERGO platform allows you to apply smart contracts on Ethereum and AergoSQL virtual machines. AERGOSQL is a new multi-paradigmatic, intellectual, contractual mechanism of the AERGO platform. This is a relational data model for storing and accessing data and an SQL-like script for writing intelligent contracts so that users can easily create advanced intelligent contracts using a simple structured query language to offer innovative business products and services. The AERGO Smart Contract will use AERGO's own token to support current expenses. Through the AERGO platform, organizations can apply a private, public, or hybrid blockchain while creating their developments based on it. AERGO aims to scale not only horizontally, but also support microservice based applications that are optimized for vertical scalability. AERGO will help organizations move to blockchain technology and allow dApps applications to use multi-core hardware. AERGO aims to provide an easy-to-use blockchain configuration for organizations and an SQL-like language of smart contracts for applications that will serve to automate business processes. IT organizations and suppliers will also have the opportunity to participate in the AERGO network as a hub or service provider and receive financial rewards in exchange for their resources and contributions.
Distinctive features
AERGO aims to create a simplified development and deployment of a platform for developers and architects of IT systems. AERGO has an efficient and ultra-fast blockchain, enhanced APIs for IT integration, a powerful SQL contract and easy-to-use tools for developers. The new SAM software package (SQL, AERGO and Meteor) allows developers to easily create and use dApps applications on the AERGO platform. The AERGO repository is a storage place for software source code that will be developed for a specific project, publicly or confidentially. The repository is also used for version control and collaboration. The main partner of AERGO is the consulting firm Blocko. Some of whose employees now work at AERGO. Blocko has been developing corporate-class blockchain products for large organizations for such well-known corporations of Lotte Card Cisco, Samsung, Hyundai, and so on. Blocko has more than 25 million users and is the largest blockchain infrastructure provider in South Korea, with more than 23 finished products. The main successful product of Blocko is Coinstack - a blockchain, which is a private platform, as providers of sites and applications are autonomous within organizations of the enterprise. AERGO aims to become a platform that uses cloud architectures, as well as both public and private blockchain networks.
Road map
- Alpha version of AERGO with SQL compatibility (AERGOSQL) - Q2 2018
- AERGO beta - Q3 2018
- AERGO testing network to identify areas for improvement - Q4 2018
- Public network AERGO (Main-net) - Q1 2019
- AERGO Hub and Marketplace for business and developers - Q3 2019.
The main elements of AERGO
AERGO Chain.
AERGO Chain is a public blockchain that contains the language of smart contracts based on SQL. The consensus mechanism is dPoS (delegated proof of share). It is assumed that in the future organizations will be able to choose the consensus protocol in SideChain independently.
AERGO HUB.
AERGO HUB aims to be a web hosting service for managing individual, independent, private blockchains based on the AERGO network, conceptually very similar to the current public cloud web services. He seeks to provide the necessary environment and support services for creating a custom network blockchain with arbitrary nodes, including a web service, identity and access management (IAM), a load balancer, a resource database, and a name service. AERGO Horde - the main module of AERGO Hub - is the proposed matching platform, the purpose of which is to provide the ability to install several blockchain connections on one or several nodes and manage them. It is designed to function as software for infrastructure providers who want to participate in the AERGO Hub ecosystem. All participants must set up AERGO Horde for work and placement as a node.
AERGO Marketplace.
AERGO Marketplace offers to be a universal interface where users can search, open and acquire software applications, computing resources and much more. The goal is for third parties, such as service providers, software providers and cloud infrastructure providers, to sell their products and services to AERGO users.
AERGO Marketplace is offered to be accessed via the AERGO Hub open interface and managed through AERGO Horde.
Initially, it is planned to connect dApps through Blocko and its partner and client networks. Then gradually switch to your dApps. AERGO offers new and better dApps in its field, stimulating more consumers on the platform. In doing so, Blocko will play a prominent role at the initial stage of development, using its own specialists and resources for project implementation. Taking into account the fact that AERGO starts with an experienced team and a ready-made network of users, the project has every right to success.
More information on the website: https://www.aergo.io/