Aerum: The Future of Blockchain for DApps and Payment Processing

The Vision Behind Aerum

Aerum is positioning itself as a game changer in the blockchain space, aspiring to cater to social networks, gaming companies, and mobile payment providers. Their mission? To create a full-service platform that makes utilizing blockchain as seamless as pouring milk into your cereal—minus the mess, of course.

Speed and Scalability: The Name of the Game

Imagine processing anywhere from 500 to a whopping 100,000 transactions per second! This is not just a daydream for Aerum but a bold reality that aims to tackle high transaction costs, and glacial processing times. Instead of waiting for hours to complete a transaction, Aerum boasts a processing time of just five seconds. That’s quicker than your coffee getting cold!

A Clear Path for Entrepreneurs

Aerum’s offerings are designed primarily for entrepreneurs and businesses venturing into the world of decentralized applications (DApps) built on Ethereum. The startup wants to minimize the technical headaches that can come from blockchain integration. They say, “There’s a lack of complete plug and play solutions that lets anyone join without investing heavily into research,” and they’re here to fix that.

Building a Better Blockchain

For Aerum’s blockchain to effectively nip at the heels of the traditional payment processing giants, it needs a robust foundation. Key requirements include reliability, affordable rates for merchants, a practical governance structure, and the flexibility to transfer value smoothly across popular cryptocurrencies. This is like the four food groups for a balanced blockchain diet!

Industry Impact and Future Plans

The sectors that stand to gain exponentially from Aerum’s technology range from fintech and remittances to gaming and eSports. The company’s white paper points out a seismic shift is possible in the economy, thanks to the efficiency blockchain provides. Aerum is set to commence its crowdsale in January 2019, with XRM tokens making their debut on exchanges come February. A working prototype was showcased back in August, heralding a future filled with promise.