Aergo was introduced as a solution to tackle the challenges faced when it comes to scalability, integration, software creation in the blockchain system. The AERGO platform came as a system with which firms and enterprise can create their app based on the blockchain network all within the cloud structure. In short, with AERGO, businesses will be able to have enterprise integrated into the blockchain network. Thus, the amazing function of the blockchain system can and will be applied to the business.
Challenges Necessitating the Need for AERGO
Many people will agree with me that there are some sorts of kernel issues plaguing the blockchain system. This makes it seems disorganized.
Many firms on the blockchain network works on a single node system, affecting its capacity to perform at higher levels.
The need for encryption and decryption as a result of privacy issues necessitating the need for a strong blockchain system
Slow contract necessitating the need for a scalable network
The AERGO ecosystem came as a platform to correct these issues. It came as a blockchain protocol system combined with an IT system. With the use of advanced and sophisticated technology for IT dealers, firms, suppliers and other third parties, it solves the issues discusses above
Introducing the AERGO Platform
AERGO is a South Korean company brings about a new era of scalable blockchain solution to users. The best thing about it is the features of both private and public blockchain solution that it will combine. In short, AERGO will be:
A safe, fast and scalable blockchain ecosystem bringing about the advantages of the private and public blockchain platform
A suitable and welcoming platform for software developers
A welcomed marketplace for firms and third parties alike to do business.
With the introduction of AERGO, nothing will stand against the optimal performance of the blockchain technology.
AERGO comes with three major arms – the AERGO chain, the AERGO hub and the AERGO marketplace
•The AERGO chain will utilize the deterministic delegated proof of stake consensus (DPos). With this, the AERGO chain will be made scalable to support millions of TPS via side chains
•The AERGO hub will make available hosting services for blockchain. This will be useful in building, testing and utilizing stand alone blockchain in the AERGO chain
•The AERGO marketplace brings about a system that enables all users as well as third parties on the network to transact
Technologies of the AERGO Network
AERGO Bridge: Gives users access to the public and private part of the ecosystem
Side – Chains: Useful for creating various blockchain free of charge for transactions
AERGO SQL is the platform’s language for smart contracts
Deterministic delegated proof of stake consensus (DPos) to improve network performance and scalability
AERGO Token
The AERGO token will be the force sustaining the platform. It will be used to service transactions as well smart contracts payment on the system.
In Conclusion
Without a doubt, AERGO will make the blockchain system pretty attractive to everyone. Hence, the acceptability will increase. AERGO will improve the future of the blockchain system for all!
Useful information links
Website
Whitepaper
Telegram
Telegram Ann
Medium
Twitter
LinkedIn
Thanks for reading!