All You Need to Know About AERGO

in #blockchain6 years ago

The New Blockchain Concept
The blockchain technology is among the most critical technologies that are set-to impact people's lives in various significant ways. This technology has a potential of establishing a significant mark in many fields that include education, healthcare, gaming, and business. Being the latest technology, blockchain contains impressive features that will probably unlock the best technological experiences. The existence of the fourth generation blockchain project also known as the AERGO platform is expected to disrupt the technology industry. According to the developers, AERGO is a combination of IT platform and a blockchain protocol that aims at creating a friendly ecosystem consisting of service providers leveraging secure cloud delivery framework and complementary decentralized applications (dApp).

AERGO Background
The central core technology adopted by AERGO is COINSTACK technology, created by one of the leading IT integration-services companies; BLOCKO Inc. The company is among the leading enterprises in the blockchain technology in Hong Kong, South Korea, and in the UK. The company mainly provides integration and support services to business enterprises that wish to apply AERGO based services. It should be noted that AERGO platform seeks to expand its services to both private and public blockchain and develop and a new technology that will facilitate various functions in the world today.

Objective of AERGO
AERGO proposes to provide an open, consistent, feature rich and multi-paradigm framework that will promote collaboration among various stakeholders. The platform aims to achieve this through the inclusion of middleware and a normalization layer that joins the IT software with the clients. Moreover, AERGO is an exceptional platform in the market as it designs and develops features based on the company's requirements. To achieve this, the platform will utilize the state-of-the-art technology. By doing so, it will be able to bridge the gap that exists between the private and public networks.

Majority of enterprises carries out its activities in divisions to improve efficiency in service delivery. Every division is tasked with varying responsibility that ensures the success of the business. The idea of division efficiency inspired AERGO to develop a sidechain technology that will facilitate division effectiveness. The main aim of creating the sidechain technology is to improve the performance and consistency of service provision.

One of the visions of AERGO is to create a secure technology that will meet various businesses’ transaction security needs. One of the platform's features that have encouraged the majority of enterprises to employ AERGO technology is the deterministic Delegated Proof-of-Stake (DPoS). The DPoS system is among the most popular stake-based framework that assures all the AERGO users fastest, most decentralized, most efficient, and most flexible consensus model. Trust, the primary ingredient in all transactions, proudly assured in AERGO through the deterministic DPoS system.

In summary
AERGO is a notable blockchain concept that will significantly affect blockchain transaction by providing a real-time solution for businesses that have deployed blockchain technology in their operations. The platform's developers are the key driver of the entire concept behind AERGO. However, its success does not only depend on the developers but also the targeted businesses.

Check out AERGO's website for more information.
https://www.aergo.io/

Hope you have fun reading my article.

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