Openledger ApS brings to the blockchain market; the OpenLedger DEX, a place to trade cryptocurrency and tokens. In addition to that, offers a custom blockchain development to businesses and helps startups raise capital through token sales. In this interview, Ronny Boesing, the founder and CEO of OpenLedger Aps will be discussing the project with us and the opportunities available.
1) Please tell us your name and about yourself?
Nice to meet you! My name is Ronny Boesing, and I’m the founder and CEO of OpenLedger ApS. We’ve been operating since 2014, which is quite a while in blockchain years!
I spend a lot of my time now talking about what we do, either through OpenLedger’s social channels, or at events and conferences around the world.
2) What is Openledger ApS?
OpenLedger ApS is a business ecosystem based on the blockchain. We have a decentralized exchange, a blockchain-oriented ad platform, a blockchain explorer and consulting and custom development services – all designed to let a business take advantage of blockchain’s unique benefits, without necessarily having the know-how in-house.
There’s more in the works too: we’re advisory partner on the genEOS project – I go into more detail on that below – and we’re working on our OCASH debit card.
3) What problems are you solving and what are the major features and services provided by Openledger?
Let’s start with the first question! OpenLedger solves the problem that businesses need blockchain but can’t access it. The barrier to entry is mostly about skills and comprehension – businesses just want the functionality, so that’s what we help them to access.
In particular, we’ll match businesses up with the right tools, and help them with things like selecting the right blockchain, development and deployment.
Our R&D department spends a lot of time working with clients to make sure that we have the right solutions – this is usually the longest phase, as we’ll want to ensure a perfect fit before we start moving forward on development and deployment.
OpenLedger ApS offers these products and services:
- OpenLedger DEX: A decentralized trading platform that runs on the blockchain so it never goes down and can’t be hacked. Stablecoins, tokens, coins from many blockchains can all be exchanged safely.
- White label DEX: B2B-oriented option to white label the versatile OpenLedger DEX. Add your branding, icons, coins and payment options.
- HubDSP: programmatic advertising built for blockchain companies and projects, putting ads in the right places and in front of the right eyes. All the control and versatility you’d expect from a demand-side platform, unique blockchain focus.
- Bitsharescan: Blockchain explorer and analytics platform for the BitShares blockchain.
- OpenLedger DEX Mobile Wallet: Free Android and iOS mobile app that lets you sign into your existing crypto wallet(s) on the move.
- OCASH: upcoming debit card (we’re still working on this one!). It will provide users with seamless payments in both fiat and cryptocurrencies.
- ICO consulting: All aspects of ICO from selecting the right blockchain to PR and marketing, escrow and ongoing tech support.
- Custom blockchain development: If you don’t see what you want on the market, we can build your own blockchain for you from the ground up.
- genEOS: genEOS building a full-stack business ecosystem, complete with operating system-like development environment, based on the EOSIO software. We’re advisory partner in that project.
- OpenLedger DAO Space: A DAO is a Decentralized Autonomous Organization – a virtual organization, governed by its members. Still in development, OpenLedger’s DAO Space is a place where these organizations can be conceived, developed, tested and launched. By the away, the very first version of DAO Space is available for the OpenLedger DEX users.
4) What is the technology behind Openledger?
We built OpenLedger DEX on the BitShares blockchain. There are a few reasons behind that decision but the main driving force was the need to find a blockchain that’s versatile and fast enough, but had already been road tested.
BitShares lets users convert different coins and currencies into the ‘bit’ version of themselves – ‘bitUSD,’ ‘bitBTC,’ ‘bitCNY.’
Then these can be used and traded seamlessly on the BitShares blockchain. Behind the scenes, the BitShares network handles smart contracts in a unique way too, such that counterparty risks are avoided while loans are backed by collateral.
Finally, a key factor in our decision was the consensus algorithm. I personally don’t believe any proof-of-work blockchain can ever be fast enough to deliver on the potential of the technology, and I feel the same way about proof-of-stake.
The Delegated Proof of Stake (DPOS) consensus that BitShares runs on can do that.
While OpenLedger DEX is built on BitShares, our tech stack also includes EOSIO, genEOS, HyperLedger, and Ethereum, and we’re able to implement solutions for our clients based on these blockchain technologies as well.
5) Tell us more about the Openledger DEX/Exchange and wallet services.
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