AERGO product: strengths and weaknesses

What does the company / project do?

CO ERGO offers an AERO token to raise funds for a highly scalable, planning-ready blockchain platform and its own Protocol. The Argo platform allows enterprises and developers to easily build and deploy their own blockchain applications in the cloud.

The platform gives developers the ability to customize their blocking and DAP as legal and non-contact chains. Developers can choose to deploy only public and private networks, or a configuration that combines both.

In addition to the stand-alone Protocol, Argo includes a feature-rich middleware layer that makes it easy to connect to legacy enterprise software.

How advanced is the project?

The development plan of the future project is as follows:

Q3 2018

AERO Chain Alpha

Q4 2018

Argo test chain network

Q1 2019

Public network of Argo (main network)

Q4 2019

AERO Hub & Marketplace for business and developers

AERGO ICO Strengths and capabilities

Much of the fundamental technology behind AERO comes from Coinstack, a private, permitted corporate blockchain offered by the parent company Blocko. This core technology is currently used by approximately 40 companies with which Blocko also maintains partnerships, including Korea Exchange, Hyundai Motors, and Lotte Card.

AERGO Coinstack platform and offer a platform for blogbloke. However, the monetary basket is purely private because the providers of the nodes and applications are Autonomous within the enterprise organizations. Conversely, Airgo will use cloud architectures as well as both public and private block chains to create an interconnected system that combines the best of both worlds.

Taking into account the real needs of current customers, Aergo is designed to provide an integrated platform that allows both for proprietary data to remain in the permitted network, as well as to facilitate the exchange of tokenized assets and data with external subsidiaries and service providers through the public chain. The success of Coinstack with enterprise customers gives a high degree of confidence that the team can replicate its success on a larger scale with the next iteration of its blockchain product.

AERO will leverage existing enterprise customers to drive integration with a hassle-free chain. When clients are upgraded to 4.0 Coinstack, the technology will be replaced, Ergo to the enterprise by default, had the opportunity to build and to access the public network.

AERO Virtual Machine supports many programming languages, allowing programmers to encode business logic into dApps and smart contracts in SQL, C ++, Golang, JavaScript, and Python. In order to maximize interoperability, AERO also supports smart contracts on the Ethereum network via EVM.

AERO ICO Weaknesses and threats

The use of blockchain technology in the enterprise is rapidly gaining momentum. Large technology companies such as Microsoft, IBM, and SAP have already developed blockchain products specifically for the enterprise. Products such as SAP Cloud Cloud Blockchain Services, which have recently entered the market , create potential competition.

However, at this nascent stage of development and application of blockchain technology, there are many factors that can play into the hands of players like AERO. The prospect of platform that permits are allowed and contactless chains, is relatively new in the space and in combination with interaction functionality, can significantly increase the use of distributed-outside of the existing applications, which are limited to Autonomous networks.

As the leading blockchain service provider in the Korean market, AERO also benefits from the existing clientele of large companies using Coinstack, which will soon be able to use the conflict-free chain by default.

Conclusion

AERO ICO offers a product that combines the best of private and public blocks in one package. Capabilities, including interoperability, ease of integration, and a Suite of tools and services designed to meet the needs of existing customers, make AERO a strong contender in enterprise blockchain development solutions.