The Aion Foundation describes its project (the Aion Network) as a blockchain of a third generation. The main idea of it is to link different chains into a single space. It means that the goal is to enable transactions between disparate blockchains.
This system made it possible to solve such problems as scalability, privacy, functionality. The project is not only about cryptocurrency conversion during payment for services. The aim of developers is much broader: providing information, sharing data, collaborative projects, and shared applications. The Aion Network involves building bridges between different platforms. Under such conditions, a kind of new economic system is being created. It implements its own AION coin for this operation. It supports the functioning and monetization of these bridges. Such well-known large corporations as Microsoft, Intel, New Alchemy, Blockchange, Jaxx, Nextblock, and others are united thanks to the Aion Foundation.
The Aion Foundation appeared in the spring of 2016, then it began to develop the Aion Network. Vitaly Buterin (the founder of the Ethereum decentralized platform) is the Chief Advisor of this organization. CEO of the organization is Matthew Spoke, who also serves on the Ethereum board of directors. Absolutely all team members have extensive experience in working with blockchain projects.
At the moment, the development of Aion Network is carried out by The Open Application Network (The OAN).
Judging by the current state of affairs, the AION coin has good prospects for the future. The Aion Foundation has good financial support and cooperates with such large companies as Deloitte, Vodafone, Moog, and TMX.
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