icon - Aergo
+ 2.91%
$ 0.13230308
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 395
    $ 0.13230308
    $ 56,890,324
    $ 5,429,259
    430,000,000 AERGO
    + 2.91%
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.