OneLedger - One of the best project in 2018

About OneLedger

 OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling using a sharded and modified practical Byzantine Fault Tolerant consensus scheme -- which allows for either a permissionless or permissioned setting. By coupling public key infrastructure (PKI) with identity management, nodes (and node operators) will have a defined trust hierarchy that allows them to participate in the consensus of the OneLedger chain or any sidechain.  

The Architecture

 OneLedger enables you to focus building your business application through OneLedger modularization tools, which will communicate with OneLedger protocol using its API gateway. This mechanism will make your business application interact with different public and private blockchains synchronously through corresponding side chains implemented in OneLedger platform. 

The Consensus

 OneLedger defines a three-layer consensus protocol to enable more effective integration of different blockchain applications. Business logic can be implemented by the first layer – a configurable role-based consensus protocol leveraging hierarchical grouping similar to the structure of Merkle Tree. The side chain consensus protocol can move consensus traffic from the main chain with public consensus to the side chain with high performance and efficiency. OneLedger block structure enables the synchronization and reference between the three-layer consensus. 

Highlights of project

Business Modularization

OneLedger forms a realizable and verifiable blockchain network which is modularized from real-world functionality, based on the sharing and immunity mechanisms provided by blockchain techniques.

Protocol-based Blockchain Communication

All transaction data and real source records are written into distributed nodes by validation mechanism of data sharing through OneLedger protocol. OneLedger protocol enables communication and access across the blockchain, and allows for deployment and extendability across various Blockchain networks.

High-performance Transaction

High-performance transactions enabled by a uniquely-engineered role and arbitration mechanism allowing for storage of data in a hierarchical structure.

Multi-chain Runtime Support

Focuses on providing a consistent runtime which is compatible with various blockchain protocols and application development stacks

OneLedger Team

• David Cao

David is the Founder and CEO of OneLedger. With over 3 years of blockchain experience and over

10 years of enterprise architect experience, David worked on a magnitude of technical projects for

several Fortune 500 enterprises. He also worked at IBM Toronto Lab on the development of DB2 and

WebSphere Commerce core engine.

• Alex Todd

Alex is a pioneer in the fintech and entrepreneurial space. He is the Founder and CEO of Trust 2 Pay,

and former CTO of PRESTO where he led the creation of innovative industry engagement programs

in support of the 10-year business model roadmap contributing to an estimated value of $200M+ over

five years. 

• Stephen Li 

Stephen is a senior software developer and a subject-matter expert in distributed application

innovation. He is a former senior consultant for Morgan Stanley and Deutsche Bank. He also worked in

IBM and Microsoft. 

• Edwin Zhang

Edwin is a veteran in the blockchain startup and investment space. He is a former Software

Engineering Lead spearheading blockchain-related R&D for TribalScale – an innovation firm

specializing in emerging technologies. 

• Paul W. Homer 

Paul has spent the last 25 years designing and building commercial and enterprise software

for companies both large and small. His experience includes startups, the financial industry and

healthcare. 

• Alex Lan

Alex is a data science expert. He holds a master’s degree in Computer Science with an emphasis on

machine learning and big data application. Alex is a former Business Intelligence Engineer at Amazon.

• Lester Li 

Lester Li is a Full Stack Engineer who has been involved in the technology space for more than 10

years.

Advisors

• Trevor Koverko

Trevor is one of Canada’s most successful angel investors with early positions in ShapeShift.io, Luminex

and Royalty Exchange among several others. 

• Matthew Niemerg

Matthew is a former IBM Center of Excellence Postdoctoral Fellow in High Performance Computing at

Oak Ridge National Laboratory. 

• Jor Law

Jor is a pioneer in building out the ecosystem for digitizing and trading securities on the blockchain

and other distributed ledger technologies. He is a co-founder of VerifyInvestor.com, the dominant accredited investor

verification service in the world and a founding shareholder of Homeier Law PC. 

• Sam Onat Yilmaz

Sam is a veteran venture investor primarily in the fintech and biotech verticals. 

• Gavin Knight

Gavin led investor relations with BitAngels in 2013 coordinating pitches and investor connections for

equity based investments. 

• Mervyn Chng

Mervyn graduated with a degree in Banking and Finance from Nanyang Business School in Singapore

before fast tracking a management career. He served as General Manager for an oil trading firm

managing 50 million USD in revenues before making the career switch to cryptocurrency. 

• Reuben Loo

Reuben is a Partner in MW Partners, a consulting firm focused exclusively on blockchain-enabled

projects. 

Roadmap

Q3–Q4 2017

Final whitepaper

Theoretical Proof of Concept

Q1-Q2 2018

Launch Ethereum sidechain testnet

Synchronize Ethereum sidechain with OneLedger protocol engine

Implement and optimize cross-chain consensus

Add more public chain support

Launch MVP with crosschain consensus

Q3-Q4 2018

Enable Bitcoin sidechain to allow for cross-chain support

Complete decentralized cross-chain exchange protocol

Complete implementation of modularization tools and compilers

Implement OneLedger's Identity Management System and Smart Contract Authorization System

Launch API gateway

Launch Alpha version of the OneLedger platform

2019+

Release first version of the OneLedger platform

Integrate with more blockchain protocols

Expand business network

Useful links

Hompage - https://oneledger.io

https://github.com/Oneledger/

https://t.me/oneledger

https://twitter.com/OneLedgerTech

https://medium.com/@OneLedger

https://www.reddit.com/r/OneLedger/

https://www.linkedin.com/company/27226077/