What is AERGO Coin?

AERGO Coin is the native cryptocurrency of the Aergo platform, which is an open-source enterprise blockchain platform optimized for hybrid deployments, combining both permissioned and permissionless blockchain architectures.

The Aergo platform supports SQL, which enables smooth data processing and smart contract programming for developers. In this article, we’ll dive into topics like Aergo Binance, AERGO Coin, and more.

What is AERGO Coin?

AERGO is a blockchain solution developed by Blocko, a Samsung-backed South Korean company. Blocko provides blockchain-based solutions for large-scale clients like Lotte Card, Shinhan Bank, Korea Exchange, and Hyundai Motors.

Aergo is designed with enterprise use cases in mind, offering the infrastructure necessary for organizations and developers to host decentralized applications (DApps) on the Aergo Chain. The platform supports a smart contract engine compatible with Lua and SQL. Aergo’s private blockchains operate on a Proof-of-Authority consensus mechanism supported by the RAFT algorithm, while the public Aergo mainnet runs on a Byzantine Fault-Tolerant Delegated Proof-of-Stake (DPoS) mechanism.

Users can leverage the platform to vote for block producers, manage private blockchains on dedicated nodes, and make payments to enterprise-level cloud providers, such as major telecommunications firms.

Furthermore, AERGO tokens will be essential for future services provided by Blocko’s Aergo Enterprise products. For instance, one use case involves a solution implemented by Lotte Card for fingerprint credit card verification. This solution, powered by Aergo’s SQL-integrated Lua smart contracts, reportedly saved 90% of Lotte Card’s manual security expenses associated with fingerprint authentication. Prominent clients include POSCO, Korea Exchange, Shinhan Bank, and Hyundai Motor Group.

AERGO Coin Overview

AERGO Coin garners attention primarily due to the platform behind it. As an open-source computing platform, Aergo appeals to users because of its practical applications.

However, due to the coin’s price volatility, some investors choose to stay away, while others see it as an opportunity for trading. To get a clearer sense of investor sentiment, it’s worth checking AERGO Coin’s current price trends.

At the time of writing, AERGO Coin is trading at $0.0460 USD against the dollar. Additionally, in the AERGO/BTC trading pair, it is valued at 0.00000300 BTC.

Historically, AERGO Coin hit its all-time low on March 13, 2020, at $0.0161, and its highest point on April 10, 2019, reaching $0.5323. According to CoinMarketCap, there are currently 264,019,890 AERGO tokens in circulation, with a maximum supply of 500,000,000 AERGO.

How to Buy AERGO Coin?

AERGO Coin gained significant popularity following its listing on Binance. On October 21, Binance introduced AERGO/BTC and AERGO/BUSD trading pairs on its platform.

As one of the largest cryptocurrency exchanges globally in terms of trading volume, Binance offers a secure and efficient way to purchase AERGO Coin.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.