Aergo: Changing the face of centralized system for businesses

in #blockchain3 years ago (edited)

Introduction

When blockchain came on-board, it was alien to many people due to the nature of its development. Recently, the surge in cryptocurrency use has made blockchain a word on the lips of everyone globally. Due to this, there are challenges thwarting the progress of blockchain: Its complexity nature keeps depriving developers the reward of their work.

Business lacks robust security on blockchain. Load of contradictory routes to choose from among several ones thereby making it confusing to users. It also has issues for linking both the Private/Public networks. Aergo will not only improve workings of blockchain, it will provide a complete system that will be beneficial for developers and businesses across industries. Without ignoring the fact that lots of IT unit in organizations are yet to adopt decentralized app. Aergo’s platform will offers diversity of technologies that looks familiar and similar by differentiating itself from various blockchain projects obtainable in the marketplace. The mission was to synergize enterprises to internet decentralization internet. Most enterprises need data security, privacy and potency. These are what Aergo will bring to life.

Let discuss about Blocko:
Blocko is a non-profit foundation which provides its Coinstack technology to be in partnership with the Aergo ecosystem. It will make use of Proof-of-Stake algorithm with decentralized node operators to control the platform, unlike that of a fully decentralized blockchain consensus like BTC. The means to decentralized system does not mean to disregard the existing centralized business; but to provide corporations the alternative to diversify their technology strength to integrate decentralized alternatives.

Benefit of Aergo
● It allows scalability. There is a room for growth and opportunities for its users, and with its scaling ability, the capability for crowd adoption to accommodate everyone is ensured.
● Providing adequate security. There will be a high safety level for user protection such that protects the data and profile of everyone.
● It allows easy navigating experience for users, with an easy to use and advance ecosystem; it enables all users to efficiently make use its dApp framework.
● Transparency and fairness. As a user of Aergo, you need not panic for transparency issue because the ecosystem will offer fairness to every of its users regardless of color and race.
● Easy means to earn for developers. The ecosystem will allow developers to develop and sell their app.

The Team
The team members are well vast with expertise in technology. Find some of them below:
● Jin Sok Lee – CEO, he has a decade of experience in software development.
● Kyung Tae Lee- He is well experienced in Query engine development, Graph database, Relational DBMS at Kangwon University.
● Sung Jae Woo, he possessed a PhD from Korea University. He is experience of 9 years in IO subsystem developments, expert in computing physics.
● Pierre-Alain Ouvrard is an expert in the use of Python, Solidity developer, plasma researcher and Off-chain scaling.

Key Partners

● GBIC: Aelf, Quantstamp , Icon, Iotex, Nebulas, Tomochain, WePower
● Lemniscap
● FBG Capital

Product Roadmap
This kind of project has a roadmap that is bit emaciated. It is quite broad and does not cover a lot of details. Alpha was released in third-quarter 2018; the testnet will be available in fourth-quarter of 2018 while the mainnet will be released in first-quarter of 2019.

Conclusion
Generally, Aergo is a big project with huge potential. The team members are knowledgeable with relevant experienced level to solving existing challenges of present enterprise blockchain agreement. There are certainly various benefits that Aergo came to offer its users regarding corporate blockchain acceptance for everyone. Aergo will not only improve workings of blockchain, it will provide a complete system that will be beneficial for developers and businesses across industries. Without ignoring the fact that lots of IT unit in organizations are yet to adopt decentralized app. Aergo’s platform will offers diversity of technologies that looks familiar and similar by differentiating itself from various blockchain projects obtainable in the marketplace.

To Know more about the Aergo, visit the links below

Website - https://aergo.io/

Telegram - https://t.me/aergoofficial

Twitter - https://twitter.com/AERGO_IO

Whitepaper - https://www.aergo.io/paper/

Hello friend, AERGO is indeed Changing the face of centralized system for businesses!

Author Bitcointalk username- ijsera82

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