Oneledger - universal blockchain protocol for business applications

OneLedger is a universal blockchain protocol enabling cross-ledger access through business modularization. This will simplify the integration of blockchain technology for small and large enterprises. Business application owners can create their own specific network consensus for both private and public blockchains.

What problems can Oneledger solve?

Blockchain is a unique and complex technology with great potential, but only those developers who have technical know-how can realize its capabilities, although they directly depend on them.

As long as the distribution and use of blockchain technology remains severely limited, this sphere is deprived of millions of potential users. Many people who want to use this technology simply can not acquire the necessary skills.

The platform, which will make the blockchain suitable for people without experience in this field, can play an important role in promoting this technology and expanding the audience of users.

OneLedger authors want to create a protocol that will simplify the integration of the blockchain system and allow small and large business owners to create public and private networks based on blockchain technology, introducing them into business models.

Users will be able to set permissions for access to networks, create digital wallets, offer trading services to users on other networks, etc. The OneLedger protocol will support consensus in different blockchains and have high scalability.

After passing the digital identification process, users will be able to use the business tools offered on the platform. The options for creating digital wallets, credit systems and arbitration mechanism will facilitate the process of developing and supporting business solutions without extensive programming knowledge or additional development costs for relevant applications.

Creators of OneLedger intend to offer users the "Plug and Play" principle for all private and business applications, whose owners want to use the blockchain. OneLedger also plans to create a market where everyone can buy modules ready to be connected to the platform.

Other features of OneLedger

• start and transfer of DApps applications

• creating cross-chains and securing consensus with the OneLedger protocol

• achieving transparency and traceability through the marking of business flows

• assistance to enterprises and individuals with the support of artificial intelligence (AI) technology and stream optimization

The OneLedger architecture allows you to run business applications using platform modulation tools and associate them with the network protocol via the built-in API gateway. This mechanism will allow the business application to interact with various public and private blockchains synchronously through the appropriate sidechains implemented within the OneLedger platform.

Also the OneLedger project has an experienced team of specialists and advisers, many of whom have been working in the IT field for more than a decade.

OLT token

The OLT token will be used to make payments on the platform, as well as to encourage network nodes to participate in the development and maintenance of the platform. Developers will use coins to deploy modules through the OneLedger protocol.

The three main ecosystem participants include:

• Users. This group of participants will pay network fees for the use of platform nodes. In addition, tokens will allow them to access various services offered on the domestic market.

• Network nodes. Owners of nodes will receive a reward for participating in maintaining the network and confirming transactions.

• Developers. Can use OLT to pay for the deployment of modules on the platform OneLedger. 25% of the total project fund will be allocated to support and stimulate the developers.

Conclusion

An impressive project, supported by a strong development team. Despite strong competition in the market of corporate blockchains, the solution offered by the creators of OneLedger is quite clear and multifaceted.

Although many potential investors would no doubt prefer to see the test product before the start of the ICO, this is unlikely to be an obstacle to collecting investments for the project.