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OneLedger

OneLedger

OneLedger is a new type of blockchain designed for transnational interoperable business operations on a secure, scalable and high-speed infrastructure that takes full advantage of blockchain technology.

Vision

OneLedger is a distributed consensus protocol company creating a blockchain that will act as a bridge between enterprises and other chains. This not only allows cross-chain transactions but also provides a marketplace for building up sophisticated business modules. Our underlying channels will constrain the scope of the blockchain data allow for private chains between trusted parties.

Mission

From small business owners to enterprises, OneLedger’s mission is to simplify businesses’ adoption of blockchain technology and its integration into their specific business applications and products. Through OneLedger, both businesses and individuals can leverage the platform to create both public and private ledger with their own uniquely-identified network consensus.

ABOUT

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. OneLedger sidechains can be

synchronized with the current state of other networks (Ethereum, Bitcoin, etc.). Any cryptocurrency

that supports hashed time lock contracts (HTLC) and payment channels could be deposited into

an account or address with the amount credited onto the OneLedger sidechain. This allows for a

scalable and transparent solution that is off the main network or chain and is now off-loaded to the

OneLedger sidechain. An arbitrary number of transactions between users can occur on a OneLedger

sidechain prior to the final user requesting a withdrawal of their balance from the hashed time lock

address / account on the main chain to the address / account of their choice. Essentially, OneLedger

provides a scalable `off-chain` solution from any main chain and offloads the consensus to the

corresponding OneLedger sidechain which inherits all of the properties of the OneLedger protocol.

Timeline

Patents

Further reading

Title
Author
Link
Type
Date

What is OneLedger? - Blockchain solution experts - About us

Web

April 4, 2021

Documentaries, videos and podcasts

Title
Date
Link

How to build dapps on ethereum? - Cheaper and Faster with OneLedger

April 7, 2021

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