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As a business owner or manager, have you ever wanted to streamline your data exchange with a partner or supplier but were held back by security concerns? This is far more common than many in the business world might think. Many modern businesses of all sizes — from one-person consultancies and startups to large corporations — would love more efficient data and transaction exchanges with other parties without revealing too much in the process. However, combining the desired efficiency with sufficient protection for existing systems is often tricky. As a result, companies maintain gated IT systems, which forces them to go through inefficient and costly data exchange setups with external partners.
Aergo (AERGO) is a project that aims to solve this problem using a hybrid blockchain approach. Using Aergo, businesses can share the same public network, making transactions fast, cost-efficient and aligned in format, while maintaining their private “sub-networks” that provide solid protection to internal data and resources.
Key Takeaways:
Aergo’s hybrid blockchain platform caters to enterprises by combining features of public and private networks to offer cost-effective streamlined data and transaction exchanges between parties, letting them maintain high levels of internal data protection.
In addition to featuring very low transaction costs, the Aergo network is highly scalable, with one-second transaction finality times and the capacity to process over 10,000 transactions per second.
AERGO, the native utility and governance token of Aergo, can be bought on Bybit as a Perpetual contract.