Many of the AERO team members are from Blocco, an infrastructure provider with the largest market share in korea.

Bloco has been supplying private blockchain products optimized for each environment to the largest financial institutions in Korea, including Samsung, Hyundai, and Kia Motors, as well as Shinhan and Lotte Card.

And now we’re introducing the fourth-generation blockchain platform, the AERO. AERGO,

•The benefits of serverless cloud computing and

• Advantages of open source,

• Benefits of networks that are private and public blockchains;

•The benefits of an environment where credit verification is not necessary, and

The world’s leading blockchain/enterprise open-source IT experience and know-how have been combined into all of these factors.

AERGO proposes to be a 4th generation — enterprise ready — blockchain protocolcombined with an IT platform that uses advanced technologies.

Whatis the problem?

Today, the development and deployment of blockchain protocols and applicationsfail to offer enterprises the scalability, distributed governance and enhanced confidentiality they wantwithout surrendering the inherent security and immutability they demand.

Howdo we aim to solve it?

We intend to empower organizations with the ability to tailor their blockchaindeployments to their precise needs.

How itworks

AERGO aims to develop a new blockchain protocol, with advanced and easy to usedeveloper tools and a state of the art dApp orchestration and deployment framework.

 What are the tokens used for and how can token value appreciate?

The AERGO token is the network’s native token used primarily as the medium of exchange for various transactions and functions within the AERGO ecosystem.

The tokens will be used to incentivize its three major providers – infrastructure providers, technology providers, and service providers. It will be migrated to the AERGO main net once it has launched (currently scheduled to be released in Q1 2019). Uses of the tokens include:

Running smart contracts to enable various business products and services.

Reward for DPoS consensus algorithm.

Payment method for technical support, various services provided by AERGO Hub and AERGO Marketplace, and other tools and assets.

AERGO tokens should appreciate in value as more enterprises and developers join and use the network. Adoption will be driven by the platform’s ease of use, speed, security, and numerous other factors.

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  1. YONGDEOK KIM Post author

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