The startup operates an enterprise-ready blockchain platform that integrates private and public blockchain architectures, enabling organizations to customize their blockchain deployments. This platform facilitates decentralized distribution of computing assets, addressing the need for flexible and scalable blockchain solutions in various industries.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle to integrate public and private blockchain architectures effectively, hindering their ability to customize blockchain deployments for specific needs. This lack of flexibility limits the potential for decentralized distribution of computing assets across various industries.
Solution
Aergo offers an open-source hybrid blockchain platform designed for building and deploying decentralized applications (dApps). The platform supports both public and private blockchain implementations, enabling enterprises to tailor their blockchain solutions. Aergo utilizes a Delegated Proof of Stake (DPoS) consensus mechanism, achieving high transaction speeds and low fees. The platform also supports the development of smart contracts using LUA(SQL), aiming to simplify dApp development and broaden accessibility for developers.
Target Audience
The primary target audience includes enterprises seeking customizable blockchain solutions, developers building decentralized applications, and individuals interested in participating in the AERGO ecosystem.
Features
- Hybrid blockchain architecture supporting both public and private deployments
- Smart contract development using LUA(SQL)
- DPoS consensus mechanism enabling 10,000+ TPS with low transaction fees
- Compatibility with Ethereum Virtual Machine (EVM)
- Computing hub service leveraging container technology for Web3 application deployment
- On-chain DeFi services to enhance liquidity and token utility
- Integration of machine learning capabilities with reusable codebases for Torch7 and TensorFlow Lite
- Support for SQL queries
- AERGO Connect browser extension for managing and interacting with the AERGO blockchain