AERGO: THE BLOCKCHAIN FUEL FOR INDEPENDENT BUSINESS

achuks (6)in #ico • 6 years ago

For many years now, blockchain has provides probably the most secure and innovative, trusted and transparent way for companies and developers to capture value in more trusted and open distributed ecosystems and are also intended to allow for the creation of a single, universal, an indestructible and trustworthy record of associated transactions and digital assets which will be more efficient and better than the tools used today.
But there are many challenges with blockchain today that keep hindering those progress but is strongly believed that a distributed, secure and open business ecosystem will be victorious in the long run. Though it is not another blockchain protocol that is needed now but a fully-featured ecosystem to promote and enable cooperation among the numerous stakeholders involved. That is why a platform called AERGO was built for system integrators, developers, business who all have a vital role to play in the evolving distributed ecosystems.

WHAT IS AERGO AND WHAT IT AIMS TO ACHIEVE?

AERGO is a public blockchain protocol designed to mitigate issues currently found on the public blockchain. They possess an SQL based smart contract platform to increase usability which happens to be one of its most critical components in solving some current integration difficulties with blockchain. AERGO is designed to suit the demand of a wide range of products and services running on a blockchain.
Aims Of AERGO
AEGRO aims to be the platform that bridges the gap between both private and public networks thus making it the de facto enterprise blockchain. This will also make them the platform that uses core blockchain technology and placement blueprints that have already been proven in real-life production system across the world.
It is also the aim of AERGO to extend and leverage both private and public blockchain so as to create an operational and technology framework that supports an ecosystem of cloud delivery partners, developers and enterprise developers
AERGO aims to develop the blockchain technology to enable companies to run and develop their applications on a secure public infrastructure so that the companies will be able to easily and seamlessly migrate some of the applications to a more high-performance private blockchain.
It is the aim of AERGO to provide a complete framework for deploying, orchestrating and developing dApps on high performance and secured architectures so as to build and leverage upon Blocko’s existing COINSTACK platform, which has been a fully supported product that has been admired and adopted by many of its existing clients.

Features Of AERGO

1. Smart Contract: AERGO has a well-tested and easy to use multi-paradigm smart contract infrastructure which includes the Ethereum Virtual Machine that provides useful interoperability between different types of smart contract operations.
2. Concurrent Control: AERGO ensures the DPOS consensual algorithm is deterministic when delegates within a blockchain network schedule.
3. Parallelism: AERGO performance is to be maximized by a combination of block level parallel processing and transaction which will primarily depend on;
a. The time it takes for each node to process the new blocks,
b. The efficiency of initiating and sharing new blocks.
4. AERGO File System: AERGO has a unique file system that further enhances AERGO’s scalability in regards to scale-up and scale-out IT systems which will make the platform operate more like a modern-day circulated file system.

CONCLUSION

In this piece, we learnt that AERGO is a platform that is designed to suit the demand of a wide range of products and services running on a blockchain. With AERGO platform filled with an experienced team well advanced in blockchain related services, AERGO will be on the path to making enterprise systems a better one.