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Aion Network (AION) - a cryptocurrency created by Deloitte employees
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Aion Network (AION) - a cryptocurrency created by Deloitte employees

created Michał SielskiApril 27 2021

What limits the development of the world of cryptocurrencies and their wide application? First of all, their complexity - the average person does not understand blockchain technology, and what is difficult and unknown is often lined with fear. What if everything were simple and accessible to everyone? The creators made this assumption Aion platforms and cryptocurrenciesthat allow secure cooperation of the entire blockchain market.

We continue the cycle of the Forex Club portal, in which we analyze and describe the largest, highest-valued, most interesting, most developmental, advanced and also the most controversial cryptocurrency projects around the world. Today it's time for Aion Network - a network that wants to convince the largest companies that it is not blockchain technology there is no future for them. And she does it well.

Who founded the Aion Network

The Aion Network platform is derived from the Aion Foundation, which was founded by Matthew Spoke, Jin Tu, Kesem Frank. These were the employees Deloittewho in a company that needs no introduction to anyone, have been building an R&D department for blockchain since 2014. First, they helped startups, but ultimately focused on developing their technology.

How Aion Network works

Aion Network's main focus is unlocking the potential of blockchain technology by filling holes in technology. How to do it?  Preferably through a friendly platform that will be the foundation for everyone and it will be possible to connect individual blockchains on it. Aion Network has prepared such a platform. Of course, you can also put decentralized applications on it, but that's nothing unusual. The breakthrough, however, is that Any application can be added to the Aion ecosystem from other networks: Ethereum, Icon or Neo. Even more importantly: the network is compatible with both public and private blockchains. 

They are connected by special bridges, which differ in parameters depending on what they are used for: sometimes what matters most is speed, sometimes costs, and sometimes special security. Everyone has the opportunity to choose their path depending on their preferences or the type of business they run. After all, financial institutions have different requirements than, for example, companies employing people working on an hourly basis. 

It is also important that the platform works in the Java environment - the most popular among IT employees. So you can expand its functionalities without studying specialized and often niche languages ​​that were created for blockchain technology. This is also great news for programmers who are not yet active in the cryptocurrency area, and would like to start and learn at least the basics. 

Aion Foundation, thanks to the fact that its creators come from the world of consulting for the largest companies in the world, focuses on the secure connection of private and public blockchains. Thanks to the open code, this connection is at the highest level and is constantly being improved. Cooperation in this area is very broad. The founder of Aion Foundation, Matthew Spoke, is also the manager of the Enterprise Ethereum Alliance, an organization which includes, among others, Microsoft, Intel, JP Morgan, ING, Hewlett Packard, Deloitte and other companies.

Of course, the AION cryptocurrency helps in all this, it is used for online settlements and is gaining popularity due to the demand resulting from the development of the platform.

AION cryptocurrency quotes

Currently, AION tokens can be traded at 17 Cryptocurrency exchanges whole world. As of April 26, 2021, there are 468 traded. The price is now $ 225, which translates to capitalization in excess of $ 133 million. The peak of trading took place on January 7, 2018, when $ 11,51 was paid for each AION token.

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.