Founded by Phil Zamani, COO of Blocko, Hun Young Park, CTO of Blocko and Roderik van der Graaf, consultant at Blocko, Aergo has all the right ingredients for success, ICO has all the right technologies, has significant funding (they hope to raise a little more in an ICO to get the job done), and most importantly, a solid team behind it, to get its core job done. That is: helping companies create and launch efficient and scalable dApps on cloud-based infrastructures. One of AERGO's biggest strengths lies in its platform, public blockchain might seem like the best course of action especially if you are looking to develop a platform that is transparent and trustworthy, but its permissionless nature makes it less secure and subject to inefficiencies. Once data has accumulated and the network has grown in terms of the number of nodes needed to validate the most recent transactions, it typically slows down. Not to mention the large number of nodes that open the network to many potential points of failure while also consuming a lot of energy. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayBut what can you do? decentralized trust is really what makes Blockchain what it is, if you start putting limits on it, it loses its purpose. Therefore, AERGO says that there is no need to get trapped in this impossible dilemma as the platform allows you to combine both worlds, all you have to do is choose a deal that suits you. So, whenever you are looking for high performance you have the option to go back to a permissioned private blockchain and whenever you are looking to innovate you can seamlessly migrate to the public blockchain. To make this happen there are a lot of technologies in place under the hood. You can read AERGO's technical whitepaper here - Blockchain has some weaknesses that could prove quite difficult for AERGO to overcome: You see, blockchain has a steep learning curve and can prove quite difficult to master even for experienced developers. For businesses, trying to find developers who can code an entire dApp for you is difficult, and it's even harder to find the right blockchain developer to hire. In fact, several companies have turned to headhunting to find the best talent for a project or even to join their team. Considering that AERGO is an open source platform, this could be a problem because it is logical that the chain needs developers and IT experts who constantly engage with the platform, develop dApps and participate in any projects and topics brought forward. If this number is too small, organic ecosystem growth is not a viable option. Another weakness that could plague AERGO is errors within the system. As humans we are prone to making mistakes, it might come to a point where the data recorded on a chain is inaccurate or not of high quality, this could mess up all the events that occur afterwards deeming the whole chain of events "unreliable “ AERGO has some profitable opportunities though. We currently live in a sharing economy, people have gotten used to the idea of ​​sharing their resources with complete strangers and actually platforms like Uber and Airbnb have a lot to do with this and thanks to online reviews, rating systems and to online forums, people continually share information with each other so that users know that whenever they seek services they may depend more on the word of other users within the platform than on the word givenfrom official channels. You can notice this every time you visit IMDB to try to find information about a movie you'd like to binge and it's great. Reviews are everywhere now, and it doesn't stop there, though, as the world becomes more and more connected, we've seen entirely new types of businesses arise, start-ups like GitHub have grown into billion-dollar brands simply by using collaboration .practices on an open source-based platform. While all of these platforms are great, they can be improved. First, it would be nice to know that your data won't all be hidden away in a centralized location somewhere where your data can be easily manipulated or, even worse, fall through the cracks. wrong hands (hackers! 🙁) AERGO wants the world to adopt decentralized platforms faster. It does this by allowing companies to provide their services on inexpensive, distributed IT architectures, it's called serverless computing and it doesn't exactly mean that there are no servers involved, it just means that companies don't need to own virtual machines or servers to go online and it's truly amazing. It's a bit like AWS Lambda does, but it's completely blockchain-based. It basically does all the heavy lifting so that developers and businesses don't have to spend a lot of time trying to understand the difficult programming languages ​​needed to get out the door or get distracted trying to manage complicated architectures, all they have to do is focus on innovation and delivering value to the end user. So, the world entering an era of socially open thinking is exactly the fuel AERGO needs to progress. Faster internet speeds, deeper mobile penetration and better technologies also confirm the fact that open and transparent platforms are indeed the future. WeChat, a messaging system Application from China is the perfect example. While it is not blockchain-based, it helps peek into the future of what a decentralized economy might look like. With just one app, WeChat allows users to enjoy multiple, different but fully integrated services, users can order food (just like they would with Deliveroo), users can also call a taxi (just like they would with Uber), users they can also share on social media by sending messages to people they know and it doesn't end there, users can pay bills, book appointments, play online games, transfer money and much more, all from one convenient place. Because WeChat provides developers and merchants with APIs for location, payments, messaging and even user IDs, they don't need to spend time and money developing their own systems, all they need to do is build on the technology stack already offered to them to offer the its users the best web experience they want could ever ask for.Threats Aergo faces.1. Increased competition. Sure, AERGO might offer game-changing technologies, but every day that passes is another day that a competitor tries to take a piece of AERGO's potential market share and unfortunately AERGO is not only competing with blockchain-based startups, but it's also competing with everyone else. Big brand companies like SAP, IBM and RedHat already offer similar business models - enterprise deployment - as AERGO and since they have the branding advantage, funding and all the right infrastructure to catch the ball, AERGO should carve out its own perfectly niche to thwart any threat that big brands might present to its profits.2. Rigidity within the system. Although the introduction of open standards such as OATH.