Introduction
One of the major challenges that enterprises are currently faced with is that of incorporating blockchain into their business pattern. Increasing concerns about the blockchain technology has led to several innovations and execution of public and trustless blockchains like Bitcoin, Ethereum and a host of others.
Although, the public blockchains come with several interesting features but then, it equally present numerous challenges for the private enterprises to build a blockchain framework. Due to the nature of the establishment, most enterprises require a measure of control and privacy of data on the blockchain and this has always informed the need for a private and controllable blockchain.
However, building such a private structure will gulp huge development cost, technical issues, risk and uncertainties about the outcome. In order to increase the pace of its adoption, makes it easier to execute, and offer a more quality answer, AERGO presents a newly-built “enterprise-suited” blockchain protocol that equally features an IT platform through the use of sophisticated technologies.
GOAL OF AERGO PROTOCOL
AERGO Protocol seeks to set up a framework that will allow businesses and developers to build and host private blockchains in the cloud. It presents the chances to brand their blockchain and the decentralized applications on both open and private chains.
With this in place, developers will be able to host their applications on private blockchains, public blockchain and even on hybrid configuration. AERGO Protocol equally removes the challenges of incorporating IT and software building for enterprises and solves the problems of scalability and interoperability.
AERGO Protocol aims to become the very first blockchain network that will offer features like SQL, reactivity as well as isomorphic networking. It will equally incorporate a novel software layer built of SQL, AERGO as well as Meteor. The aim is to develop a basis for developers to easily build and host their decentralized applications on the cloud for a !ire efficient transaction processing and reduced cost of operations.
CORE ELEMENTS OF AERGO PROTOCOL
- AERGO Chain
This is a public internet of blockchains, and a new protocol that comprises of a worldwide public disaggregated network of enterprise blockchains controlled by node offerers. It seeks to contain AERGOSQL which is a new conventional SQL smart contract machine that allows the easy development of sophisticated smart contracts in a bid to deliver incredible business products and services.
AERGO HUB
The AERGO Hub is an open interface into the basic AERGO Chain. AERGO Hub seeks to collaborate with and link safe decentralized applications within the AERGO Chain. Any developed decentralized applications will be saved in either of the AERGO Public Repository which is a shared, public and safe infrastructure for decentralized applications or the AERGO Private Repository, a private and controlled facility for DApps.AERGO MARKETPLACE.
This is a proposed big market, a large repository for software applications, computing facilities and other services enhanced for AERGO Chain. The platform’s marketplace software, computing services and other ancillary services can be accessed through the AERGO Hub open interface and a proposed one stop shop for software applications, computing resources and other services optimized for AERGO Chain. AERGO Marketplace software, computing and other services are intended to run on or work with AERGO Chain and the marketplace will be accessed via the AERGO Hub public interface, and managed via AERGO Horde.AERGO Tokens
The native token on the AERGO Protocol is the AERGO coins. They are used to power the smart contracts on the AERGO Chain, to compensate bides that contribute to the development of the DPOS Consensus and as a means of paying for the various assets and services available in the
AERGO marketplace.
The AERGO Token is an ERC20 standard type token and it is Ethereum-based.
In Conclusion
With the introduction of AERGO Protocol, enterprises can now be truly autonomous as they can leverage on the comprehensive ecosystem of decentralized applications offered by the AERGO through the safe cloud delivery framework.
THE AERGO TEAM
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