How Aergo’s SQL Integration is Revolutionizing Enterprise Blockchain
What is Aergo?
Aergo is an open-source, enterprise-grade blockchain platform created by Blocko, a South Korea-based blockchain technology firm funded by Samsung. Aergo was designed to connect conventional IT systems with decentralized systems, and it facilitates both public and private blockchain infrastructure, so it can be a useful tool for various industries.
Aergo's Hybrid Architecture
Aergo's architecture is structured into two main modules:
- Public Blockchain (Aergo Mainnet): Runs on a Byzantine Fault-Tolerant Delegated Proof-of-Stake (BFT-DPoS) consensus, which is secure and scalable.
- Private Blockchain: Leverages Proof-of-Authority (PoA) utilizing the RAFT algorithm, enabling private networks to be custom-tailored for in-house requirements.
Key Features of Aergo
Hybrid Model: Natively bridges public and private blockchains.
- SQL & Lua Integration: Facilitates easy development of smart contracts using familiar SQL databases and Lua scripts.
- On-Chain Governance: Voting and block producer election by AERGO token holders.
- Enterprise-Ready Infrastructure: Scalable, secure, and cost-effective across industries such as telecom, automotive, and finance.
Real-World Use Cases
Aergo's technology is already changing industries:
- Lotte Card: Saved 90% of security costs through fingerprint verification through Aergo's Lua/SQL smart contracts.
- Hyundai Motor Group: Optimized supply chain tracking for authenticity of auto parts.
- POSCO & Korea Stock Exchange: Improved data integrity for documentation and share transactions.
- Shinhan Bank: Enhanced transaction monitoring and anti-fraud capabilities.
The AERGO Token Role
Native AERGO token fuels the ecosystem with:
- Smart contract execution charges
- Governance voting
- Block producer staking
- Network service payments
- Integration within Blocko's future enterprise products
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Blocko's Vision & Future Roadmap
Parent company of Aergo, Blocko, is a pioneer in blockchain deployments for South Korea's corporate and government fields. All Blocko products in the future will build upon Aergo technology, creating demand for the AERGO token.
Conclusion
Aergo is a scalable, multi-purpose blockchain platform designed for enterprises. Its hybrid architecture, support for SQL, and established real-world applications make it a disruptor in finance, manufacturing, and governance. As Blocko grows, Aergo's ecosystem will power the next generation of blockchain innovation.
