
OneLedger (OLT)
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About OneLedger
OneLedger (OLT) is a new type of blockchain designed for transnational compliant business operations in a secure, scalable, and high-speed infrastructure, using all the advantages of blockchain technology. OneLedger’s mission is to simplify business—the adoption of blockchain technology and its integration into their specific business applications and products. The company focuses on blockchain technology in the Healthcare, Asset Management, and Supply Chain sectors and is partnered with Google Cloud and IBM. Team members have worked at several Fortune 500 enterprises, including PWC, IBM, and Forbes.
OneLedger was created to solve the nagging problem of blockchain interoperability. As global adoption of blockchain technology was beginning to gather pace, some glaring critical technological challenges were already limiting the scale of enterprise-level blockchain adoption. One such challenge was that blockchain interoperability was practically non-existent. Most blockchains exist as isolated networks introducing two significant restrictions, among others: No practical way to transfer value directly between different blockchains and the Inability of businesses and individuals to quickly deploy distributed applications (Dapps) across multiple blockchain platforms.
OneLedger leverages blockchain adoption as the truly interoperable blockchain solution. It is a unique engine, not an adjunct of an existing platform. Unlike other blockchain projects, OneLedger built its platform from the ground up. The platform uses enhanced consensus DPoS on Tendermint, which consistently replicates an application on many machines to combine different consensus in the same chain. OneLedger provides customizable private/public sidechains that will communicate with each other and be interoperable with the main chain. With low transaction costs and an interoperability protocol for Ethereum and BTC, OneLedger offers a fast and easily scalable infrastructure and solutions for businesses.
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