AERGO proclaims itself as “the blockchain fuel for autonomous businesses” and proposes to be a 4th generation “enterprise ready” blockchain protocol combined with an IT platform that aims to disrupt the IT industry as a whole.
ERGO aims to enable enterprises and developers to design, build and deploy their own blockchain applications within the cloud,
AERGO platform is comprised of 3 major components:
AERGO Chain
The public internet of blockchains which will feature an SQL-based smart contracts platform with performance potentially exceeding 1 million transactions per second using sidechain technology.
AERGO Hub
The public interface of AERGO Chain that will enable developers to build, test, deploy and manage independent blockchains. AERGO Hub is essentially a web-based blockchain hosting service that provides various tools and services, and connects secure dApps using AERGO Chain.
AERGO Marketplace
A peer-to-peer marketplace for software applications and computing resources such as storage, computing power, algorithms, contents, etc.. for AERGO Chain.
Roadmap :
Q3 2018
AERGO Chain Alpha
Q4 2018
AERGO Chain Test Network
Q1 2019
AERGO Public Network (Main net)
Q4 2019
AERGO Hub & Marketplace for businesses and developers
Competitors’ valuations:
RChain, valued $266M.
Dragonchain, valued $78M.
SofiaTX, valued $35M.
Unibright, raised 13.5M.
Conclusion
Blocko is one of the early movers offering an enterprise solution on both public and private blockchains.
Being backed by a great team it has a good chance to be successful in the long run.