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Aergo is a blockchain technology platform and cryptocurrency developed by Blocko Inc., a Korean startup founded in 2014. Aergo is designed to be a next-generation enterprise-grade blockchain platform, allowing businesses to develop and deploy decentralised applications quickly and securely. Aergo utilises a hybrid consensus algorithm, combining both proof-of-work and delegated proof-of-stake to secure the network. It also provides a range of enterprise-grade features, such as a distributed storage system and a customisable smart contract language.
Launched in 2019, Aergo is designed to be easily integrated into existing enterprise systems, allowing businesses to leverage blockchain technology to improve efficiency and reduce costs. It also provides access to a range of tools and services to help businesses develop and deploy decentralised applications. Aergo is backed by a strong team of developers and advisors, led by Blocko’s CEO and Co-Founder, Allen Wookyun Kho. The project is supported by a number of venture capital firms, including KDB Venture Investment, Stonebridge Ventures, and Orchid Ventures.