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Aergo price today is $0.048527 USD with a 24-hour trading volume of $2,058,481 USD. Aergo is down 0.48% in the last 24 hours. The current CoinMarketCap ranking is #526, with a market cap of $12,812,180 USD. It has a circulating supply of 264,019,890 AERGO coins and a max. supply of 500,000,000 AERGO coins.
Aergo describes itself as an open-source enterprise blockchain platform optimized for hybrid deployments, which consist of both permissioned and permissionless blockchain architectures. It includes support for SQL allowing for easy data handling and familiar smart contract programming for developers.
The platform is built and utilized by Blocko, the Samsung-backed South Korean blockchain technology company that, according to Korean media sources, has deployed production blockchain solutions for large-scale clients including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.
Designed for enterprise use cases, Aergo provides infrastructure for enterprises and developers to host DApps based on the Aergo Chain. Aergo offers a smart contract engine supporting Lua and SQ. Private blockchains on the Aergo platform run on a Proof-of-Authority consensus mechanism powered-RAFT algorithm, while the public blockchain network, the Aergo mainnet, runs on a Byzantine Fault-Tolerant Delegated Proof-of-Stake mechanism. To vote and manage block producers, Users are able to use the platform to pay enterprise-grade cloud providers such as large telecommunications firms to host their private blockchains on dedicated nodes.
Blocko’s future services will be based on Aergo Enterprise products that require AERGO tokens to work. An example use case includes a solution deployed by Lotte Card for fingerprint credit card verifications. The solution is built using a version of Aergo’s Lua smart contracts with SQL integration, which has reportedly saved Lotte Card 90% of their manual security expenditures for fingerprint authentication. Clients include POSCO, Korea Stock Exchange, Shinhan Bank, and Hyundai Motor Group.
|24h Low / 24h High|
|Market Dominance||No Data|
|Fully Diluted Market Cap||$24,263,663.87|
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All Time High
Apr 10, 2019 (2 years ago)
All Time Low
Mar 13, 2020 (10 months ago)
|Circulating Supply||264,019,890 AERGO|
|Total Supply||500,000,000 AERGO|
|Max Supply||500,000,000 AERGO|