ONE LEDGER: A Universal Blockchain Protocol Enabling Cross-ledger Access through Business Modularization.
Overview of ICO OneLedger
OneLedger ICO and OLT Token are providing a protocol to facilitate the integration of blockchain technology. Through a combination of business agglutinating tools, integrated APIs, and a compatible architecture, OneLedger is designed to make the process of integrating blockchain technology more viable and effective. for businesses.
OneLedger presents this protocol as a seamless way for businesses to use distributed accounting technologies for a multitude of business applications such as supply chain management / inventory, accounting and digitization. asset.
Blockchain solution of the business
OneLedger is a three-layer compliant protocol designed to provide efficient integration of various blockchain applications for business use. OneLedger allows users to create business applications through the OneLedger business portal, communicating with the API through the portal. Enterprise Portal allows users with any level of blockchain experience to map their business modules onto blockchain, generate chaincode through modules generated by developers, and labeling. process throughout its design.
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Role Consensus- The first layer uses a “role-based” consensus protocol associated with the digital identity of business participants, with each role associated with a single node. Contracts created by this class determine their respective roles and behaviors.
Contracts created by this class will be recreated as a class that can be executed on a publicly selected blockchains like Ethereum. Through their defined locks and digital signatures, users are associated with their role in the business, enabling transparency and traceability of anyone writing blockchain information.
- Channel consensus (ie side chain consensus) — Side chain consent allows for the interaction (transaction or business action) between roles. When new block data is recorded, Byzantine Fault Tolerant Partial Synchronization is used in the channel between all participants.
Stakeholder consensus will require all participants to vote and reach consensus when more than one voter has reached an agreement. Once reached consensus, the block data is transmitted to all nodes in the channel and stored. Stakeholder consensus also helps initiate transfer between public chains.
Public consent — When a transfer between public chains is required, the preceding step is carried out on the record, with a consensus block forwarding a proposal to the public chain. This proposal was then voted by the public chain’s endorsers to lock or unlock assets from the public chain.
OneLedger forms a blockchain network that can perform and validate modularity from the actual functionality, based on the sharing and exclusion mechanisms provided by blockchain techniques.
All transactional data and real source logs are written to scattered nodes using the OneLedger data sharing authentication mechanism. The OneLedger protocol enables communication and blockchain access, and enables deployment and expansion across multiple Blockchain networks.
HIGHT LIGHT: The strengths and opportunities of the ONE LEDGER ICO
1.Powerful consonant tool
- High performance trafficking
High-performance transactions are triggered by a unique designed role and arbitration mechanism that allows data to be stored in a hierarchical structure. - Multi-threaded runtime support
Focus on providing consistent runtime with multiple blockchain protocols and different application development stacks - Scalable and reliable
Products provided by OneLedger ICO are very user-friendly in terms of usability.
The practical application of One Ledger is very high.
OneLedger intends to build a service side interface, otherwise known as an enterprise portal, for users with any level of blockchain experience to build workflow and business map modules on. blockchain.
OneLedger will also leverage their API to encourage developers to create an ecosystem complementary to specific business use cases. Developers will be able to provide plugins for businesses in the OneLedger marketplace, where they can earn OLT in exchange.
In order to continue to capitalize on the potential that blockchain interoperability holds for businesses, OneLedger is developing a special SDK to deploy DAPs across multiple platforms.
Instead of encrypting many smart contracts, the SDK will allow developers to create a master smart agreement, specifying smart contracts written in each language selected for deployment on the desired protocol suite. Developers will be able to launch Dapp on multiple platforms at the same time through this key smart agreement feature ...
OneLedger Weaknesses and Threats, Competition
Interactive capability is the focal point of the blockchain infrastructure projects at this time. With so many protocols providing the same promise for OneLedger in terms of scalability and interoperability, competition is very high, especially in the ever-changing blockchain environment.
ICO OneLedger will have to compete with a market where the adoption of competitive protocols is being implemented good show
According to the schedule, the expected release date for the main network will take place in 2019 … Time to perfect the product is relatively long.
The question of integrating the OneLedger API with existing ERP systems is not clearly addressed in the white paper.
Most blockchain projects targeted at corporate customers provide a means to directly integrate existing ERP systems with hierarchical accounting technology.
DISTRIBUTION OF ONELEDGER TOKEN
Project Name: OneLedger
Token Symbol: OLT
Website: https://oneledger.io
White Paper: OneLedger White Paper
Crowdsale Hard Cap: $15 million USD
Total Supply: 100 million OLT
Token Distribution: 35% to contributors, 25% to community reserve, 15% to team and advisors, 15% to marketing and long term partners, 10% to company reserve
Price per Token: 1 OLT= $0.52 USD
Maximum Market Cap (at crowdsale price): $52 million USD
Accepted Payments: ETH
Countries Excluded: US, Canada, China, South Korea
Sales distribution
.Community conservation area
.Advisory team
.Company reserves
.Marketing and long term partnerships
.Source Code: 1 billion OLT
.Softcap: $ 4 million
.Hardcap: $ 15 million
.Round seed: 1 million, the start time of 6 months with the monthly cliffs .for rewards, made in the contract intelligent
.Personality I: $ 6 million
.Personality II: $ 3 million
.Public sale: $ 5 million
.Community reserves: locked for a minimum of 6 months in smart contracts, followed by a one to two year start date for the long term benefit of the community.
..Team reserve: 24 month competition period with quarter cliffs made in the contract smart
.Reserve Advisor: 12 month period with monthly cliffs made in smart contracts
.Company reserves: Locked for the first 6 months and then the 18-month start date with monthly cliffs made in smart contracts.
.Long-term marketing and partnerships: Take 3 to 6 months to reserve marketing. Minimum lock time is 6 months, followed by the target time of 1 to 2 years for long term partners. All start time and lock are performed in smart contracts.
Conclude:
Oneledger is still a worthwhile project to invest in, Breakthrough Technology, 3-layer consensus mechanism:
Multi-chain Runtime Support, High-performance Transaction, Protocol-based Blockchain Communication, Business Modularization
High practical application, bringing great benefits to customers as well as businesses.
Experienced team of experienced, mature people from large projects … I believe One Ledger will be a successful project in 2018 …
It’s a pleasure to see that the project is worth the attention … And it’s great to be part of this project …
HA NOI- VIETNAM 07–06–2018
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