On 04/19/24, the Aergo Team published another interesting article on Medium. You can view its contents on our website below:
Welcome to the latest installment in our ongoing series on Aergo’s strategic advancements and initiatives. In this edition, we’ll explore how Aergo is leveraging its unique features to address the evolving needs of enterprise clients, focusing specifically on its compatibility with the EVM and its structural design.
In a nutshell:
Aergo’s integration with the Ethereum Virtual Machine (EVM), alongside its hybrid architecture and tailored focus on enterprise requirements, establishes a strong foothold. Particularly attractive to enterprises in the financial sector, Aergo provides inventive ways to simplify blockchain implementation and operation, particularly for RWAs and STOs.
Rising Demand and EVM
Since 2018, Aergo and Blocko have implemented and sophisticated the idea of a decentralized physical infrastructure network for the customers based on the enterprise-focused blockchain platform, Aergo Enterprise. Various applications have emerged, ranging from shipment asset management to energy-related asset trading systems. These developments formed the foundation of what can be termed as today’s DePin(Decentralized Physical Infrastructure Networks) model — a decentralized network driven by blockchain technology and incentives. Early implementations had limitations due to restricted participation and minimized token incentives as they were primarily tailored for consortia or affiliates.
However, Aergo stands out in its ability to engage in diverse projects with major domestic and international companies and public institutions. This is attributed to the need for a player in the market capable of delivering the level of service demanded by enterprise customers. As Ethereum leads the way in blockchain technological standards, demand arises for more adaptable enterprise blockchain solutions. Aergo’s compatibility with the Ethereum Virtual Machine (EVM) provides enterprises with a robust foundation for constructing decentralized solutions capable of revolutionizing multiple facets of their operations.
From asset management to financial transactions and data management, Aergo’s integration with the EVM opens doors to transformative possibilities. Furthermore, Aergo accommodates various sizes and industries with its hybrid architecture, gaining traction through EVM integration. Such hybrid structures are crucial in the enterprise market, where participant identity verification and safeguarding sensitive information are paramount. EVM integration holds significance for enterprise clients seeking to transition to web3, especially as private blockchains lose traction, and integration with public ecosystems gains prominence.
EVM and STOs
When integrating blockchain solutions into various financial projects, including Security Token Offerings (STOs) and Real World Assets (RWAs), project managers and decision-makers inevitably reference the performance and achievements of Ethereum-based DeFi models along with other models built on the EVM. Utilizing open-sourced EVMs from various implementations becomes crucial for effectively meeting clients’ needs. We have successfully built and operated multiple projects with Blocko, striving for implementations that recognize the demands and prioritize EVM features essential for enterprises. Simultaneously, our collaboration underscores our dedication to identifying these requirements and pursuing efficient implementations that prioritize the necessary EVM features for enterprise applications. The essential features offered by Aergo Enterprise include tokenization and asset backing, regulatory compliance, and secondary market trading capabilities.
Despite the recent hype surrounding them, DePin, RWAs, and STOs operate within the same business framework. The key takeaway is the necessity for a platform capable of representing a diverse range of assets through fractional ownership, tailored to various sectors and scales. Aergo’s commitment to enterprise market growth, driven by its hybrid structure and technical adaptability via EVM, positions it favorably. Collaborations with Blocko, including entry into the RWA and STO markets, underscore the ongoing development efforts, while initiatives like Booost expand its business and consumer reach based on geolocation services.