icon - Aergo
AERGO Aergo
-3.78%
$ 0.11466069
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 272
    Aergo
    $ 0.11466069
    $ 54,177,173
    $ 14,227,056
    0 AERGO
    -3.78%

Aergo. Price of cryptocurrency: $ 0.11466069

What is Aergo?
Aergo is an open-source enterprise platform that can be used for hybrid deployment.
The platform is built and utilized by Blocko, a South Korean technology company that has deployed production solutions for large-scale clients including Lotte Card, Shinhan Bank, Korea Exchange, and more.
What use cases are there?
The Aergo Chain is designed for use in enterprise use cases. Aergo has a smart contract engine. The Aergo mainnet is powered by a Byzantine Fault-Tolerant Delegated Proof-of-Stake mechanism, while the private ones are powered by a Proof-of-Authority consensus mechanism.
The future services of Blocko will be based on Aergo products. An example use case includes a solution for credit card verifications. The solution was built using a version of Aergo's Lua smart contracts, which has reportedly saved Lotte Card 90% of their security expenditures.