Get to know One Ledger

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.

"Essentially one ledger enables business apps to interact with different public and private blockchains at the same time through correspinding side chains implemented withing their platform."

KEY FEATURES OF ONELEDGER

Smart Identity Management Platform

The first is a smart identity management platform. 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 creates a universal identity solution for the tracking and access of assets and information on a variety of blockchains.

Blockchain Services

Another component is blockchain services. One ledger will be able to create a side chain on the on the one ledger consensus protocol to be customised so that clients needs for instance they can create various degrees of permissions and access using the identity platform clients and create different levels of access for trusted users to access their blockchain.

Chaincode Service

Another component is chaincode service. One ledger is developing a software development kit to provide businesses launching decentralized apps 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.

The programming interface is another key feature, API's 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 one ledger is its BUSINESS PORTAL. This portal while our business clients to develop every part of their blockchain solution. In addition to this services that i mentioned earlier one ledger will also include the ability to connect with independent module developers to meet the specific needs of various businesses. The entire process will be made transparent for the security and fairness of all parties involved.

THE ROADMAP

OneLedger's current development roadmap is mummarized is summarized on this slide bellow, according to the OneLedger team they already completed their MVP but they will not be realeasing its demonstration to the bublic until june of 2018.

TOKENS AND TOKEN DISTRIBUTION

OneLedger will be raising funds by issuing OLT tokens, the hard cap is 15 million dollars and the conversion is 5.2 cents per token. The fully diluted market cap on the ICO date is 43 million dollars. It requires KYC registration for the limited whitelist slots. The token sale is expected to start and finished sometime in May or early of June with token distribution to take place afterwards, the exact date for the token sale will be announced soon so please stay tuned in their telegram announcement group @oneledger_official.
The following chart shows how the total supply of OLT tokens will be distributed. For the most up-to-date information on the ICO please visit their website and join their telegram group @oneledger .

Loyalty tokens will be used in a number of ways, for example users of the platform will need to pay note runners OLT tokens in fees the no-runners themselves may have to stick OLT tokens in the future to assure the quality of the network.
In addition developers will be paid in these tokens for creation of modules where transactions executed on predefined smart contracts.

OLT tokens should appreciate in valley if the community sees value in one ledger, if there are alot of businesses demanding specialized modules users taking advantage of their services and notes being run to support the network the demand for and the value of all these tokens should appreciate.

TEAM AND ADVISORS

The OneLedger team has at least nine people on their team, the biographies of which can be found in their website .

The team also has a number of advisors including the CEO of Polymath, a distributor ledger consultant, a senior Canadian legal advisor, the founder of verifyinvestor.com and a managing director at way capital.

##THOUGHTS ON THE PROJECT'S OPPORTUNITIES

The idea is ambitious, well thought out and is much needed to address the challenges surrounding the scalability and interconnectivity issues facing blockchains.

OneLedger focuses on providing a gateway to centralized enterprises while competitors such as Cosmos and AION are more for the general audience. This allows OneLedger to better cater to the target user's needs. The total addressable market would be smaller that the competitors but the chance to succeed is also increased.

The team members and advisors are comprised of a good mix of technical and business-minded people. We believe the project should not have a difficult time finding enterprises to adopt solutions.

If are a fan of the project you can read more about it in official website or media groups of OneLedger bellow:
Official website : https://oneledger.io/
Officia lwhitepaper : whitepaper
Official telegram group chat : @oneledger
Official telegram announcement channel : @oneledger_official
Official Chinese Telegram Channel : @oneledgercn
Twitter : https://twitter.com/OneLedgerTech
Reddit : https://www.reddit.com/r/OneLedger/
Github : https://github.com/Oneledger/
Medium : https://medium.com/@OneLedger