AERGO CHAIN ENCAPSULATED

THE PLATFORM

AERGO seeks to leverage and extend both public and private blockchains, supported by modern cloud architectures. We hope to create a technology and operational framework that supports an ecosystem of (dApp) developers, curated cloud delivery partners, and enterprise companies. In summary, the project aim to create a platform that allows each party to create innovative and trusted business services.

AERGO intends to be a distributed modern ecosystem built around a high-performance, secure and easy to use public blockchain (that we call AERGO Chain).

Some of the key features of AERGO are as follows.

1.     AERGO SQL:

·       Code the smart contract as easy as possible

·       New smart contract engine with SQL language

·       Boost the productivity around new technology (blockchain)

2.    SIDECHAIN TECHNOLOGY:

·       Create side-chains with little operating cost

·       Free from transaction fee fluctuation

·       Have your own main-net for your services

3.    DETERMINISTIC DPOS:

·       Enhanced performance with deterministic DPOS

·       Maximized the network stability and service quality

·       Reputational and stake based DPOS brings mutual trust

AERGO intends to facilitate the creation of hybrid blockchain based products and business models.

AERGO proposes to use state-of-the-art technology that is implemented and manifested as a simple to use practical blockchain protocol. This protocol is intended to be designed so that it can be used in any combination of (i) a public, (ii) a private or (iii) a combined public plus private blockchain architecture configuration.

AERGO aims to become the de facto enterprise blockchain. One that bridges the gap between both public and private networks. A platform that uses core blockchain technology and deployment blueprints that have already been proven in real-life in-production systems across the world by Blocko.

AERGO also aims to provide and support a developer friendly, feature-rich, multi-paradigm and consistent plugin-based smart contract infrastructure for programming each business implementation. AERGO intends to combine the practicality and innovation of public blockchains, with the

performance and security provided by private blockchains to achieve more better result effectively in the most economic manner. Just as with cloud computing, we hope to develop the technology to enable companies to develop and run their (dApp) applications on a secure public infrastructure. When needed, these companies will be able to easily and seamlessly migrate some (or even all) of these applications to a more high-performance private blockchain. All of this and without losing any of the benefits of their previous public blockchain model implementation.

However, to make all these possible, AERGO has developed three (3) core elements for its optimal functionality. Here are they:

      i.           AERGO CHAIN: A PUBLIC INTERNET OF BLOCKCHAINS. This is a proposed new protocol consisting of global public decentralized network of enterprise blockchains run by node providers.  It can simply be considered to be an open source blockchain operating system. It intends to contain AERGOSQL, a new smart contract engine to easily create advanced but friendly smart contracts to enable innovative business products and services.

    ii.           AERGO HUB: THE PUBLIC INTERFACE INTO THE UNDERLYING AERGO CHAIN. AERGO Hub aims to work with and connects secure dApps with AERGO Chain. The dApps that are created are intended to be stored in one of two repositories:

·             AERGO Public Repository, is a shared, open and decentralized underlying infrastructure for dApps (similar to GIT public repositories that is used to host open source projects, or automated build servers for public cloud computing)

·          AERGO Private Repository, is a controlled, secure and private infrastructure for dApps. This aims to achieve access control, application security and performance, data compliance, as well as quality of service (“ QoS ”)8 that are required for enterprise.

In summary, AERGO Hub is conceptually very similar to techniques found in current public cloud web services.

 iii.           AERGO MARKETPLACE: A PROPOSED ONE STOP SHOP FOR SOFTWARE APPLICATIONS, COMPUTING RESOURCES AND OTHER SERVICES OPTIMIZED FOR AERGO CHAIN.

·       AERGO Marketplace software, computing and other services are intended to run on or work with AERGO Chain as part of the ecosystem that supports the AERGO Platform

·       These partner services are accessed via the AERGO Hub public interface

·       These services are intended to be managed via AERGO Horde.

For more detailed information see the detailed AERGO Technical White Paper available at www.aergo.io

BY MALIZE IZUCHUKWU

Twitter: @chris_malize