OneLedger

Overview of OneLedger

OneLedger has also built multiple DeFi products for private clients, covering areas which include the tokenization of assets for the real estate industry, and a fully integrated cross-border p2p (peer-to-peer) platform using blockchain technology where investors can directly provide loans to micro, small and medium-sized businesses.

OneLedger, a Blockchain as a Service (BaaS) company, that uses its own Blockchain technology to support its customer’s blockchain needs, has appointed Hacken as a security auditor to complement the security strategy and provide the highest level of the security for their customers.

OneLedger will develop tools within the business portal, enabling users with any level of blockchain experience to map their business module onto the blockchain, generate chaincode through developer-defined modules, and tag the process throughout the flow.

OneLedger, a company that bridges the gap between enterprise applications and existing decentralized technology, providing connectivity to both centralized and decentralized systems, announced it has joined the Blockchain in Transport Alliance, or BiTA.

OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling using a sharded and modified practical Byzantine Fault Tolerant consensus scheme — which allows for either a permissionless or permissioned setting.

OneLedger can help BiTA ensure the development of blockchain-based systems, and these systems will help create meaningful value for a diverse set of organizations leveraging blockchain for transportation and freight logistics.” 

OneLedger has tested its IHP extensively in Windsor Essex spearheading a pilot project for a smoother cross-border flow of essential workers, while also reducing the risk of importing COVID infections.

OneLedger, based in Toronto, says it expects to have the app ready for testing within two weeks, and hopes to officially launch the app in the early in the fourth quarter of 2020.

OneLedger (OLT) Hits 24 Hour Volume of $1.46 Million
Thu, Apr 8, 2021 8:30 PM
americanbankingnews

OneLedger price Index provides the latest OLT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Blockchain

To make their solution universal, OneLedger will be making use of side-chains to increase interoperability between varying blockchains like Bitcoin, Ethereum, etc.To help accomplish their goals, there will be several broken down features, such as a Smart Identity Management Platform, Blockchain Services, Chaincode Service, and their Programming Interface.Smart Identity Management Platform – OneLedger can provide a master private/public key pair that is assigned to an identity, which can then grant access to any other public key that the identity would have access to.Using the Identity Platform, clients can create different levels of access for trusted users to access their blockchain.Chaincode Service – OneLedger is developing a software development kit to provide businesses launching dApps on multiple platforms the ability to create a “Master Smart Contract” which will specify the smart contract written in each language of choice when necessary.Programming Interface – APIs will be made available to create a set of desired functions for the client, allowing them to register new users, query the blockchain, etc.Another core component of OneLedger is its business portal.

Network

The new initiative will allow participants to test the effectiveness of OneLedger’s mainnet: Kratos.Validators who join the network between April 19 2021 – May 17, 2021 will receive 20,000 OLT as a thank you for participating in the race to hold one of the 16 coveted nodes on OneLedger’s mainnet.

Support

OneLedger supports consensus across different blockchains; the ability to expand and query data in other chains is made possible through compatibility with other blockchain networks by leveraging side-chains.

Transactions

Additionally, developers will be paid in OLT tokens for the creation of modules, with transactions executed on pre-defined smart contracts that allow for one time purchases, subscriber model payments, etc.The tokens will appreciate in value depending on the value that the community sees in OneLedger.

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Can We trust on this project?

The project was created with good expectations.The token – OLT – managed to reach the cryptomarket, being traded in a few exchanges.

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How advanced is the project?

OneLedger has claimed to have completed an MVP thus far, but will be releasing its demonstration to the public in June 2018.

Markus Tradt question – Room for more than one protocol?

“Considering the origins of both of your blockchains and where they are heading is it possible to assume that the differences between public and private blockchains may shrink.

What is OneLedger?

OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling using a sharded and modified practical Byzantine Fault Tolerant consensus scheme — which allows for either a permissionless or permissioned setting.

What are the tokens used for and how can token value appreciate?

The tokens will be used in a number of ways.For instance, users of the platform will need to pay node runners OLT tokens in fees.Node runners themselves may have to stake OLT tokens in the future to ensure quality of network.Additionally, developers will be paid in OLT tokens for the creation of modules, with transactions executed on pre-defined smart contracts that allow for one time purchases, subscriber model payments, etc.The tokens will appreciate in value depending on the value that the community sees in OneLedger.If there are a lot of businesses demanding specialized modules, a lot of users taking advantage of their services, and a lot of nodes being run to support the network, the demand for and value of OLT tokens will grow.

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How quickly does OneLedger complete transactions?

OVERVIEW OneLedger Technology Inc.1 as a company, is established to provide a universal protocol that enables interoperability across various blockchains.

What does the company/project do?

OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling.It plans on providing businesses with a blockchain development solution, which they will aim to simplify the creation of a customized or niche blockchain for their field.To make their solution universal, OneLedger will be making use of side-chains to increase interoperability between varying blockchains like Bitcoin, Ethereum, etc.To help accomplish their goals, there will be several broken down features, such as a Smart Identity Management Platform, Blockchain Services, Chaincode Service, and their Programming Interface.Smart Identity Management Platform – OneLedger can provide a master private/public key pair that is assigned to an identity, which can then grant access to any other public key that the identity would have access to.This will create a universal identity solution for the tracking and access of assets/information on a variety of blockchains.Blockchain Services – OneLedger will be able to create a side-chain on the OneLedger consensus protocol to be customized to that client’s needs.For instance, they can create various degrees of permissions/access.Using the Identity Platform, clients can create different levels of access for trusted users to access their blockchain.Chaincode Service – OneLedger is developing a software development kit to provide businesses launching dApps on multiple platforms the ability to create a “Master Smart Contract” which will specify the smart contract written in each language of choice when necessary.Programming Interface – APIs will be made available to create a set of desired functions for the client, allowing them to register new users, query the blockchain, etc.Another core component of OneLedger is its business portal.The portal will allow business clients to develop every part of their blockchain solution.In addition to the aforementioned services, they will also include the ability to connect with independent module developers to meet niche needs of a business.The entire process will be made transparent for the security and fairness of all parties involved.

History of OneLedger