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Reading: Aergo: An Open-Source Enterprise Blockchain Platform
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Latest cryptocurrency news > ALTCOIN > Aergo: An Open-Source Enterprise Blockchain Platform
ALTCOIN

Aergo: An Open-Source Enterprise Blockchain Platform

BH NEWS
Last updated: 25 November 2023 20:15
BH NEWS 2 years ago
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Aergo is an open-source enterprise blockchain platform. AERGO provides private blockchain solutions for institutional investors, enabling both permissionless and permissioned networks through hybrid developments. Alongside permissionless networks like the Bitcoin blockchain, permissioned networks also exist on this platform.

AERGO facilitates the easy transfer and storage of data with SQL support. Developers can directly use SQL for smart contract coding, thus providing enterprise services.

AERGO Coin, the native cryptocurrency of Aergo, is developed by Blocko and is in collaboration with major Asian companies. The Aergo ecosystem, developed by Samsung-backed Blocko, also has significant partnerships in the United States.

AERGO Coin gains value due to the buying pressure created by every institutional investor joining the network. The creation of blockchain networks by large-scale institutional investors and banks paves the way for long-term price increases and buying pressure.

AERGO Coin is currently ranked 558th in terms of total market value, with a unit price of $0.08426 and a total supply of 500,000,000. AERGO has only released 53% of the total supply to the market, with the total market value potential being below 47%. The continuous development of smart contract-focused projects presents a promising long-term outlook for AERGO. The price record of AERGO reached $0.39 thanks to its partnership with Hyundai, and it is yet unknown whether the price will reach these levels again.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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