AERGO Chain, Hub and Marketplace

in #blockchain6 years ago

AERGO Chain, Hub and Marketplace

AERGO Chain

AERGO refers to its own AAERGO chain can as the public internet of the blockchain. The chain can is as an open source blockchain operating system. The AERGO chain works to link different enterprise blockchains across the globe. AERGOSQL will be the center of AERGO chain. This will allow practical, smart contracts to prosper in different enterprise systems within the AERGO framework.

Blockchains are prone to problems like scalability. By adopting well-suited technology for enterprise adoption, AERGO chain can solve such problems like scalability. The DPOS, a consensus algorithm, brings together social consensus and economic incentives. In so doing, services offered by AERGO are enhanced.

AERGO Hub

The AERGO interface works as a public interface to the AERGO chain. It links the AERGO chain to the decentralized applications. Together with their supporting technologies, the decentralized applications must function properly to facilitate compatibility with the AERGO chain.

There are two ways within which interaction can take place between the AERGO chain and dApp’s. These ways are AERGO Private Repository and AERGO public repository.

Unlike the public repository, which is shared and decentralized, the private repository is secure, private and controlled space. The public repository is open for execution of activities of dApp’s from open source projects. The private repository attempts to offer the best quality of services that enterprise clients require by leveraging information technology. Considering Coinstack’s success in the industry, it is only wise for it to support them.

AERGO Marketplace

The last element of the AERGO ecosystem is the AERGO Marketplace. It will be an online retailing shop for computing resources, software applications and other products and services optimized for enterprise clients.

AERGO Marketplace will be managed by AERGO Marketplace Horde will is very similar to node providers on other blockchains. AERGO Horde will represent infrastructure providers. Infrastructure providers might want to participate in AERGO Hub ecosystems. These systems are an indication of how AERGO is fully optimized to meet the needs of enterprises.

It is easy for systems to link to AERGO ecosystem. All technical requirements can be sourced from AERGO Marketplace. Enterprises will be able to acquire computing resources and software applications which they need to perform some functions. For customized businesses, AERGOSQL will make it possible for their developer to create dApps to meet their specific needs.

Most multinational and local organizations are coming up with unique and innovative delivery methods. The ease to which these enterprises can move to dApp’s on the AERGO platform will be a major pull factor to this fourth-generation blockchain. AERGO is relying on this to attract enterprises with advanced technological infrastructure. Enterprises from different sectors like manufacturing, banking, construction, and real estate can cross over easily and seamlessly without losing anything.

See the whitepaper here https://paper.aergo.io/AERGO_Whitepaper_v5.2.pdf

AERGO-Architecture.jpg

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