AERGO - The working mechanism of blockchain 4.0

in #blockchain6 years ago

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Most blockchain protocols operate on the second generation blockchain, while some have advanced to blockchain 3.0 or 4.0, which shows the potential for increased efficiency and reliability. Protocols of the third and fourth generation improved their services and are likely to be much faster and safer when performing transactions.
The creators of AERGO announced their project as the fourth generation of the blockchain, focusing on corporate solutions. The architecture of the platform with the effective fulfillment of corporate needs is exactly what distinguishes AERGO from other projects in a space crowded with Enterprise Blockchain protocols.
The needs of enterprises are diverse. AERGO understands the role that developers play in the technology community, especially in improving existing technologies and ensuring that they meet the target markets. The AERGO platform offers open source, which means that developers will be able to collaborate to extend the services provided by AERGO on their platform.
Enterprises work in consistency. It is because of inconsistency that corporate systems have not implemented most of the applications and platforms in their systems. The AERGO platform uses three main functions to ensure that its technology is constantly running, while providing an opportunity for improvement in the event of innovation. AERGOSQL will be a feature that allows developers to use the AERGO platform for maximum convenience and practicality. This programming language will allow most programmers to work with smart contracts on the AERGO platform.
Enterprises work in divisions. Each unit performs its function related to finance or operations, for maximum efficiency. These requirements inspired AERGO to create a platform with sidechain technology for use in various departments of enterprises. Companies on the AERGO platform will be able to work in their network. Sidechain technology helps ensure consistent performance throughout the enterprise.
Companies work with individuals and businesses that require guarantees for a smooth and secure transaction. AERGO uses the DPOS algorithm on its platform, which will motivate potential users to join the platform. DPOS is a reputation system that results in mutual trust of users of the platform.
The platform functions support the three main elements of the AERGO ecosystem: AERGO Chain, AERGO Hub and the AERGO marketplace. Read more about the project structure on the AERGO website. AERGO’s
effectiveness is achieved by reducing the time it takes to create new units and process information. Increased productivity of AERGO is likely to become a key point of the entire ecosystem, especially in combination with its specialization in enterprises. AERGO services will be possible through the use of a token with the same name - a medium of exchange in the AERGO ecosystem.
New technologies are constantly being introduced in the world to improve the delivery of services and to meet the needs of an increasingly dynamic global environment. AERGO intends to offer an improved blockchain for corporate space in order to revolutionize enterprises.

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