OneLedger a cross-ledger agnostic protocol

OneLedger is all about simplifying businesses’ adoption of blockchain technology through bringing all blockchains together and making them accessible and interoperable.

Overview of OneLedger

OneLedger will achieve its mission by providing a scalable off-chain solution for any of the well-known and currently adopted protocols such as Ethereum or Bitcoin. Moving the transactions from other main chains and offloading the consensus to the corresponding OneLedger sidechain will provide the much needed scalability without having to modify the current structure of other chains.

OneLedger is different in the sense that it is not racing towards the fastest blockchain title but providing high-performance scaling through sharding with a clear vision of how the blockchain ecosystem should be in the near future — with OneLedger in the center of the revolution.

OneLedger a truly business centric protocol

OneLedger is a blockchain protocol built for business fully interoperable via sidechains with the current state of other networks (Ethereum, Bitcoin, etc.). The protocol can be used either in permissionless or permissioned setting by utilizing a modified practical Byzantine Fault Tolerant consensus scheme.

OneLedger is a business centric protocol that will enable large enterprise and small business owners to easily adopt blockchain technology and integrate it into their specific business applications and products. By using role control with PKI (public key infrastructure), enterprises can launch their own permissioned sidechains.

Businesses will also be able to define the precise role of node operators that participate on their sidechain. This will be achieved by coupling (PKI) with identity management, nodes (and node operators) which will have a defined trust hierarchy that allows them to participate in the consensus of the OneLedger chain or any sidechain.

By enabling business to define their own trust system they will get the best of both worlds blockchain capability coupled with already proven business logic derived from already established specific business processes.

Use cases

Some of the use cases define in the whitepaper:

ability to move business traffic into sidechain with high performance
ability to deploy and migrate DApp with ease
enablement of cross-chain access and consensus through OneLedger protocol
standardized communication between DApps within OneLedger protocol
asset identification and transparent flow such as asset registration, donation process
BaaS offering to help users create business modules with open source DApps within the business portal ie. Supply chain and eCommerce flow (Catalog, cart could be built as service and hooked up flexibly)
help businesses and individuals with AI support and flow optimization
transparency and traceability of process through tagging of business flows
OneLedger offers a universal identity solution to keep track of users’ assets that are stored on multiple distributed databases. In addition, OneLedger provides a way for one identity to assign a trust value to another one, thus creating a hybrid decentralized “web of trust” combined with PKI.

Part of the foundation of OneLedger’s protocol is its use of public key authentication which allows for the creation of personal accounts with highly configurable digital wallets, credit systems, and arbitration mechanisms.

Individuals participating in business activities can effectively become their own smart contract performers.

Team and Advisers

The bold claims of OneLedger are supported by what has become to be known as an all star team starting with the founder David Cao which has over 10 years as a enterprise architect involved in projects for several Fortune 500 enterprises to team members that worked for Morgan Stanley, Deutsche Bank IBM and Microsoft. The team is well versed in the blockchain space ranging form early adopters of bitcoin to developers with years of experience with Solidity and Ethereum smart contract development.

The advisers list is equally impressive with the likes of Trevor Koverko CEO of Polymath Network — the first decentralized marketplace for tokenized securities and others that are well connected with diversified base of investors located globally.

Token Metrics:

Available for public sale 5 million USD

ETH address first 4 and last 6: 0x23B5….CDEfaA