### What is Aergo?

Aergo is an open-source, hybrid blockchain platform designed for enterprises. It combines public and private blockchain solutions to support the development of decentralised applications (DApps). Aergo offers advanced security and scalability features, serving as a bridge between public and private blockchain solutions for businesses.

### How does Aergo work?

Aergo operates as a hybrid blockchain platform, incorporating public and private blockchain solutions. It features the Aergo Chain, which includes an SQL-based smart contract platform (AERGOSQL) and supports the Ethereum Virtual Machine (EVM) for interoperability. The platform uses different consensus mechanisms: Proof-of-Authority (PoA) for private blockchains and Delegated Proof-of-Stake (DPoS) for public blockchains. Aergo also employs sidechain technology to increase transaction scalability, aiming to process over 1 million transactions per second.

### What are the potential use cases for Aergo?

Aergo has a wide array of potential use cases across various industries. These include supply chain management, decentralised finance (DeFi), healthcare data management, the gaming industry, identity management, the energy sector, the financial industry, real estate, and logistics. Notable real-world applications include uses by Lotte Card in fingerprint verification systems and by Hyundai Motor Group in electronic document management systems. Key sectors where Aergo is applied include finance, healthcare, gaming, real estate, logistics, and energy.

### What is the history of Aergo?

Aergo was founded by Blocko Inc., a prominent blockchain infrastructure provider from Korea. Its development has included significant milestones such as the release of Aergo 1.0 in 2019, aimed at bridging the gap between enterprise and public blockchain applications. It has been adopted by multiple Fortune 500 companies for various blockchain solutions. The platform has seen major updates, including the V4 hard fork, which introduced enhancements to its Lua engine and transaction functionalities. Over time, Aergo has evolved its technology to cater to a wider range of enterprise customers while supporting Web3 capabilities.

Aergo

Ethereum

Cardano

NEAR Protocol

Avalanche

Hedera

Bittensor

Cronos

Mantle

Polkadot

Internet Computer

Arbitrum

Ethereum Classic

Polygon

Kaspa

Quant

ATOM

Aptos

Flare

Stacks

Aergo (AERGO)

Similar Coins

ETH

ADA

NEAR

AVAX

HBAR

SUI

TAO

CRO

MNT

DOT

ICP

ARB

ETC

POL

KAS

QNT

ATOM

APT

FLR

STX

Resources

Aergo (AERGO) Price Index

Resources