Aergo’s Strengths and Opportunities

Aergo’s Strengths and Opportunities

Aergo derives its fundamental technology from Coinstack. Coinstack was a private and permission enterprise blockchain service. Forty plus companies use Coinstack's core technology. These companies have a close relationship with Blocko, Aergo and Coinstack’s parent company. They include Hyundai Motors, Lotte Card and Korea Exchange.

Both Coinstack and Aergo offer platform frameworks for enterprise blockchain. Whereas Coinstack is private, Aergo is open-sourced. Node providers and application within Coinstack are self-contained within the organization’s enterprise. On the other hand, Aergo leverages cloud architectures along with private and public blockchain networks. As such, Aergo realizes an interlinked system that integrates the best of these worlds.

Aergo takes into account the real world needs of existing clients. By taking the needs of the clients into account, Aergo has been designed to offer a detailed platform that will allow proprietary data to stay on the permissioned network. Exchange of data and tokenized assets with service providers and other subsidiaries is facilitated through the public chain in the platform.

Coinstack was very successful with enterprise clients. Through this success, Aergo is high on confidence that they will be able to replicate Coinstack’s success on a larger scale. Aergo leverages the existing clients to facilitate and encourage integration through the public chain.

Once the clients upgrade to Coinstack 4.0, Aergo will replace the technology. Enterprises will then have the option to improve on the platform and have access to the public network by default. The Aergo Virtual machine supports a wide range of programming languages. This will spur development by enterprise software developers on the public chain.

These languages allow developers to code business apps into the decentralized apps and smart contracts. These languages include but are not limited to SQL, C++, Python, JavaScript, and Golang. Smart contracts are supported on the Ethereum network through EVM, which maximizes interoperability.

By offering a product that brings together the best of public and private blockchains in a single package, Aergo stands head over shoulders to competition. The features provided like the ease of integration, interoperability and a wide range of tools and programming languages are developed to meet the everyday needs of existing and potential clients. These features make Aergo one of the best enterprise blockchain developer in the world.

Aergo set its standards higher by aiming to be a technological giant that is driven by clients, integrations, apps, middleware, and developers. They did not just develop a new protocol. Their enterprise platform will not only challenge but also disrupt the T world along with the existing cloud model. The vision they have for the hybrid blockchain is the strongest and feasible.