AERGO — A brief introduction for noobies (including myself)

in aergo •  6 years ago  (edited)

I am writing this article here for the benefit of the blockchain noobies, including myself, to learn about AERGO platform which I strongly believe, has the potential to lead a paradigm shift in blockchain adoption.

Considering the amount of research and development that has been carried out in the blockchain space, very little actual adoption of blockchain by business enterprises has occurred. If this trend continues, then it is inevitable that the blockchain bubble will burst in near future. The blockchain space needs fresh impetus through mass adoption and believe me, AERGO has as good a chance as any other project in leading this.

The AERGO platform is developed by Blocko, a successful company with more than 40+ clients using their private blockchain solutions. I believe AERGO is more than capable of driving business enterprise blockchain adoption because of its unique structure and the existing clientele of Blocko.

In simple terms, without going into the intricacies of blockchain technology, AERGO is integrating all the best things in the blockchain tech into one simplified platform that will be suitable for business enterprises to adapt into, without revamping or restructuring their business models. AERGO retains all the positives of traditional blockchain tech, yet it is flexible to be easily integrated into different kinds of business models.

AERGO projects itself to be a 4th generation blockchain for business enterprises for these four reasons:

Hybrid architecture — in the AERGO platform, both private and public chains can co-exist and interoperate to extract the capabilities of both permission-ed and permission-less blockchains. This is an important feature which will be attractive for business enterprises to venture into blockchain technology without sacrificing security and privacy.

Real business expertise — AERGO will be tapping on the expertise of Blocko to utilize Coinstack, an established enterprise blockchain model that is being used by over 40 companies. Blocko has over four years of experience in building private blockchain solutions for business enterprises and their clientele is impressive (the full list can be seen at https://twitter.com/AERGO_IO/status/1047867084263194624) and diversified in terms of business use cases. This reaffirms the expertise, flexibility, and adaptability of the Coinstack platform.

Open-source mantra — embracing the mantra adopted by Linux, everything about AERGO, its technology, licensing, business model and ecosystem, are all open-source. Led by Phil Zamini, whose impressive resume includes various roles at open-source enterprises including Red Hat, AERGO hopes to incite the level of development seen with the Linux platform.

Server-less computing cloud architecture — AERGO uses the server-less micro-services based design which is increasingly being adopted across the world to improve engineering speed and agility. Build on a server-less infrastructure, micro-services are small and serve single functions. In the case of AERGO, dApps do not have to worry about the computing resources; in other words, just focus on the coding and do worry too much about the rest of the stuff.

From an investor perspective, the potential of AERGO is exciting. Being so closely associated with Blocko, AERGO has a better chance than most (if not any) of projects in the blockchain space to initiate the mass adoption of blockchain technology into actual business use-cases. Furthermore, AERGO has secured important strategic investors and partnerships including the likes of FBG capital, GBIC, and Leminscap. AERGO was completely sold-out during their private sale and they do not have a public sale. However, they are awarding up to 3 million worth of tokens to their community through a public Token Distribution Event (TDE) and rewards campaign. In these bearish times, with the majority of ICOs being money-grabs, it is heartening and inspiring to know that AERGO recognizes the importance of a loyal and vibrant community in achieving organic growth. Kudos to the AERGO team for this gesture!

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