OneLedger the Missing Protocol of Today's Blockchain.

OneLedger - "A Universal Blockchain Protocol Enabling Cross-ledger Access through Business Modularization".

Before discussing about OneLedger I am glad to inform you that in this 21st century right now we are going through a revolution called Blockchain Technology. We are all well known about what is Blockchain and how its work, in this era we started our Blockchain journey with 1st native Blockchain 1.0 i.e. Bitcoin, after we got Blockchain 2.0 like as Ethereum, Neo later we found Blockchain 3.0 such as Eos, Cardano and more, at this moment when I writing this article we already put our steps in into Blockchain 4.0 such as Seele, Pchain. And we will continue to developing Blockchain Technology into next generation.

We have already got lots of Blockchains that operate within their own islandic eco-system. Whether private or public, blockchains from the 1.0 era have no means of communicating with one another to attain the well needed synergy that the internet was able to achieve. This issue, better known as the lack of interoperability of blockchains, forces consumers and enterprises to choose between one Blockchain and the other. They ought to sacrifice the benefits of an Ethereum blockchain smart contract, against the lesser flexible but better known blockchain and cryptocurrency of Bitcoin.

David Cao, Founder of OneLedger, very early on understood that if Blockchain was going to improve not only payments but disrupt the way an entire generation worked, processed transactions, exchanged payments and lived, the Blockchain as we know it today was going to need a way to transcend ecosystems, permissions and crypto-currencies. Just as the internet did, David Cao wanted to offer the world a platform where consumers and enterprises would be given the choice to pick only the best that each Blockchain has to offer… So, he created OneLedger.

What is OneLedger?

Through a user-friendly API system, businesses and individuals turned businesses, create specific modules for their needs that would easily access the OneLedger consensus protocol allowing their off-chain data to first interact with the OneLedger Blockchain, and second to connect and interact with all other Blockchains available on the platform. In this way, businesses could preserve their internal access controls and specifications without suffering from any separations from their existing technologies.
The OneLedger platform will also act as a bona fide transactional storage platform which through its compiling engine and chaincode run time, will free each blockchain interacting on the platform from the shackles of built-in protocols, often culprits of the scalability and exponential cost issues faced by many blockchains. Businesses would therefore be able to operate and interact with other blockchains without affecting the underlying chains for settlements and other operational functions.

Use Cases:-
OneLedger's protocol and interface enables interaction with an arbitrary number of core infrastructure networks in a highly scalable manner. Numerous use cases can come from this interoperability;

· A cross-chain decentralized exchange:-

OneLedger protocol uses the notion of hash timelocks contracts (HTLC). A hash timelock contract is a combination of a hashlock and a timelock. A hashlock is a restriction on a receiving address or account in that the owner must publicly reveal a piece of data in order to lift the restriction. Likewise, a timelock on a transaction restricts the time when a transaction can be spent. By combining these two pieces, a HTLC allows for cross-chain transactions. Thus, a user will deposit into an account or address and then be credited the corresponding amount on OneLedger. The user can then trade this asset between any other asset type and not be limited to the "normal" base pair markets of Bitcoin or Ethereum. As users trade, their account on the corresponding sidechain on OneLedger is credited accordingly, and they can choose to withdraw their new coins to an address of their choice at any time, i.e. by spending the HTLC. OneLedger note that because of sharding and the use of sidechains, the number of trades that can occur in a small time can be exceedingly high. This fact stems from the idea that if a user trades Litecoin for Dogecoin (within the OneLedger framework), then this transaction only has communication between the Dogecoin and Litecoin sidechains and does not affect the performance, for instance, of the Bitcoin or Ethereum sidechains.

· Ability to move business traffic into sidechain with high performance

· Ability to deploy and migrate DApp with ease

· Enablement of cross-chain access and consensus through OneLedger protocol

· Standardized communication between DApps within OneLedger protocol

· Asset identification and transparent flow such as asset registration, donation process

· BaaS offering to help users create business modules with open source DApps within the business portal ie. Supply chain and eCommerce flow (Catalog, cart could be built as service and hooked up flexibly)

· Help businesses and individuals with AI support and flow optimization

· Transparency and traceability of process through tagging of business flows

Token Economics:-

1 billion OLT tokens will be premined. Each OLT token will initially be mapped to one corresponding ERC20 token so early adopters of OLT can use them on Ethereum ecosystem as the OneLedger ecosystem is being developed.
As the OneLedger ecosystem matures, there are three major participants in the OneLedger token economics: users, network supporters (nodes), and developers. OneLedger will also build a marketplace, which is a decentralized application on OneLedger platform.

Token Distribution:-

Team:-

Advisors:-

Partners & Investors:-

Roadmap:-

For more details about OneLedger kindly follow links below:-

Visit website :- www.oneledger.io
Join Telegram Group :- https://t.me/OneLedger
Follow on Twitter :- https://twitter.com/OneLedgerTech
Medium :- https://medium.com/@OneLedger
Reddit :- https://www.reddit.com/r/OneLedger/
Github :-https://github.com/Oneledger/

If you have any questions about OneLedger, please send an email to
[email protected]