AERGO: A promising idea for a hybrid blockchain
AERGO is a completely new blockchain protocol that offers easy-to-use developer tools and a modern structure for creating decentralized applications.
AERGO is a 4th generation blockchain that was created specifically to meet business needs. It aims to massively introduce the use of the blockchain, combining the possibilities of public and private blockchain in one solution.
Project idea: 4th generation architecture
The Aergo platform allows companies and developers to simply create and easily work with their own applications on the blockchain in the cloud.
The platform provides developers with the opportunity to embed their blockchains and applications in a fast and secure cloud blockchain architecture that manages private and public channels. It will also provide an open ecosystem for business stakeholders.
The innovative structure of AERGO consists of 3 major parts:
AERGOChain is a public blockchain protocol designed to troubleshoot problems that are currently found in public blockchains. It is equipped with a SQL-based smart contract platform and offers various functions, such as a distributed version and concurrency control.
AERGOHub is a block hosting service for developing, testing and managing independent blockchains based on AERGOChain. AERGOHub, enriched with tools and support services, catalyzes blockchain protocols and application development life cycles.
AERGOMarketplace allows you to use, sell and buy applications and computing resources in a completely decentralized and secure environment.
AERGO Token is a key medium of exchange within an ecosystem. It will be used for smart contracts, a share proof algorithm, a payment method inside the hub and a trading platform.
Team
The Aergo team includes 15 members, all of them from one Blocko company. Blocko is developing private blockchain solutions for companies and is therefore already well known in the industry. In the technical part - 10 engineers and 5 people with experience in business and marketing. Also in the team there are people with experience in databases or in Accenture. Their success in Blocko business is obvious, in Aergo - very promising. This is a very good team.
Conclusion
At the moment, the subject of discussion is the development of the blockchain, adapted to the business. Companies such as Microsoft, IBM or SAP have already developed a centralized functional product. Competition in the market can be tough. But there is always room for innovation, and Aergo offers a very thoughtful and original product. Indeed, Aergo combines the best of private and public blockchain in one solution. This is a full 4th generation ecosystem that will allow developers, customers, applications and integrators to work together. Their idea of a hybrid blockchain is really very good and promising. In addition, the team has a lot of experience working on the blockchain, and it has proven itself well. All project forecasts are favorable.