Aion is a multi-tier blockchain network designed for interoperability among blockchains. AION tokens are used to create new blockchains, monetize inter-chain bridges, and secure the overall network. AION has been created by the company Nuco founded in the spring of 2016. Aion is headed by the CEO of Nuco, Matthew Spoke, who is also a member of the Board of Directors Ethereum Enterprise Alliance. Aion cryptocurrency is a digital token of the 3rd generation blockchain platform. The essence of the third generation of platforms is to create a platform on which various projects can “communicate”. Roughly speaking, the aim of the Aion platform is to create an ecosystem for blockchain projects. The development of this idea is engaged in the company Nuco, which was founded in 2016.
Since interoperability is a key necessity for blockchain tech to be effectively adopted globally, a number of coimpanies including Mateverse, Cosmos, Ark and others work hard to build a cross-chain bridge allowing for creating a universal interoperable ecosystem.
If blockchain technology wants to continue to enjoy widespread business adoption it needs to address some of the wider issues that have caused concern in the community in recent months, such as delayed transactions and slow processing times
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