Aurora update: AURORA Live price, price chart, news and markets

The AURORA price update as of now is $0.2161. In the previous 24 hours, its trading volume was $1,820,971, and its value has increased by 3.15%. As of now, AURORA's live market cap is $119,781,308, and it is ranked as the #373 on the Coincu. AURORA has a circulating supply of 1,000,000,000 and a maximum supply of 1,000,000,000.

Exploring Aurora Near

Aurora Near is a blockchain platform that utilizes the Ethereum Virtual Machine (EVM) on the Near blockchain. It offers a solution for dApp developers on the Ethereum platform to scale and migrate over to Near, combining the strengths of both platforms.

Aurora Near provides several advantages for dApps, including fast speed and good scalability. Developers can also leverage Near's unique features such as gas fees for their users and attractive developer rewards.

Aurora Near consists of two core components:

• Aurora EVM Runtime: This virtual machine allows for seamless deployment of Smart Contracts written in Solidity and Vyper.
• Aurora Bridge (based on Rainbow Bridge technology): This bridge facilitates the transfer of tokens and data between Ethereum and Aurora Near.

The Challenges Addressed by Aurora Near

Addressing Slow Blockchain Adoption in Industries

Aurora Near believes that blockchain can bridge the gap for cross-industry collaboration. It enables companies and organizations to integrate blockchain technology into their internally developed applications and establish connections with businesses in other industries.

Improving Smart Contracts for the Future Blockchain Economy

The Aurora Near platform aims to enhance Smart Contracts by providing flexible tools and transparent coding. This will make Smart Contracts more useful across diverse industries and align them with modern business trends.

Enhancing Transaction Processing Speed

Blockchain technology often faces limitations in transaction throughput. Aurora Near addresses this issue by merging existing technologies with its own innovations to accelerate transaction processing times.

Ensuring Continuous and Efficient Upgrades for Blockchain

Aurora Near aims to provide a blockchain architecture that can be continuously upgraded and automated in the long run. This includes technologies like automatic upgrades, with the goal of growing the ecosystem faster and reducing data storage costs for end users.

Applications of Aurora Near

The Aurora Near platform can be applied to various industries seeking to innovate their operating models:

• Video Game Industry: Aurora Near aims to integrate blockchain technology with currency, data, and game rules. This includes tokenizing game props and equipment, creating a tradable open economy.
• Artificial Intelligence (AI): Aurora Near seeks to establish a decentralized network that enables communication between nodes, enhancing data security and synergy.
• Internet of Things (IoT): Aurora Near aims to become the foundation of a decentralized IoT system, serving as a bridge between independent devices and facilitating transactions.
• Big Data: Aurora Near sees blockchain as a bridge that improves security and data management, connecting it with the world of big data.

Aurora Near's Roadmap

Q1 2022

• Launch of the Logistical feed
• Release of Aurora Explorer V4

Q2 2022

• Launch of the Environmental feed
• Release of Aurora Explorer V5
• Learn about the AURORA token