Aion VM: A New Era of Blockchain Development

It is undeniable, given the unprecedented rise of blockchain technologies around the world, that we are on the verge of transitioning into a totally new era – and we get front row tickets! Year after year, we have observed the steady infiltration of blockchain technologies in various industries and economies, from banking to voting, to agriculture, to energy – and many, many more – for several key reasons such as privacy, trust, and decentralisation. However, in spite of all the hype, there still looms a great disparity between the potential of blockchain and the extent to which this potential is actualised and implemented throughout systems around the world – a disparity that the Aion Network may have just figure out how to solve.

The Aion Network, founded by Matthew Spoke, is a a multi-tier blockchain network designed to support a future where many blockchains exist to solve unique industry problems and to power the services of the modern world. The organisation aims to become the common protocol used for these blockchains, enabling more efficient and decentralised systems to be built.

“One of the barriers to more widespread blockchain adoption has been he lack of tooling for developers in a common language like Java,” said Aion CEO Matthew Spoke.

Earlier this June, Aion announced the release of the Aion Virtual Machine (AVM), a blockchain-geared virtual machine that sits on top of the well-established and popular JVM (Java VM) such that it acts as an intermediate for developers to engage with blockchain development, through an environment that they are already familiar with.

Over the last year, the entire duration of this project, the team sought to develop a solution that avoided a   counterproductive approach of trying to convince established developers out of long-standing system that they’re very familiar with, and instead providing a way for these developers to access blockchain development on top of their system of choice. By doing so the company believes that it can help popularise blockchain concepts with developers who might not otherwise have been familiar with them.

“Our big focus now is how do we take this message of building blockchain apps and take it into a more traditional software industry audience. Instead of trying to compete for the attention of crypto-developers, we want the blockchain to become almost a micro service layer to what normal software developers are solving on a day-to-day basis,” said Spoke.

The implications of such are enormous! With this increased accessibility to the framework of blockchain (including concepts like smart contracts), a new dialect has been added to the language palette of Java developers and we may soon see a rapid influx of blockchain-based applications/systems bettering industries, economies and lives in more ways than have been previously explored. Better privacy with our social media apps? Faster (and potentially cheaper) streaming? Increased economic engagement? I hope you’ve got enough popcorn on you, the show is about to begin!

 

READ MORE

Blockchain Adoption in Kenya, An Interview With Blockchain Taskforce Chairman Bitange Ndemo.

MTN Released the First AI-Driven Service for Mobile Money in Africa

Europol ready to tackle Crypto Crime by developing serious game to teach law enforcement officers.

Bitcoin Startup Bitrefill ready for expansion, raises $2 million funding.

JOIN OUR COMMUNITY

Leave a comment

My Newsletter

Sign Up For Updates & Newsletters

[mc4wp_form id="456"]