Topic: OneLedger - a universal business protocol for business applications (Read 306 times)

Price inreasing a little after deep down. Seems some existing news coming? Hope to see OLT at ICO price soon at last or higher 

19.8m token already locked. ( 180 * 360 * 540 * 720 days )
19.2m reward token left. ( Total reward 25m token )
You know unused reward tokens also locked up in smart contract until 31 Dec.
So yes because of that incentive lock up program our circulating supply decreasing.
Thank you for your support.

Thank you. Hope to see OLT at big exchanges soon 

Today circulating supply tokens decreased a lot again (341 mln tokens in circulating instead of 400 ln at the beginning). So this tokens locked as well?

You are right. Our testnet will be ready in 2018 December :=).
We're in talks with different exchanges but we can't disclose anything because of NDA. Please stay tuned for more information on that.

Seems 12 mln tokens was locked in this intensive program so far?As I see circulating supply tokens decreased by 12 mln? 
Any major news in coming weeks? As I know testnet launch in this quarter? How about listing to top exchanges?

OneLedger announced Incentive Lock-up Program. Token holders will be able to receive up to 35% bonus of OLT. Here is details about this program:

https://medium.com/@gweinetwork/gwei-network-launches-an-olt-incentive-lock-up-program-4bb887c07f16

I think this project is highly technical, but without a functioning MVP that is available to the public, it is difficult to gauge the progress and quality of the development. Thus, it is hard to see whether OneLedger will be able to achieve their goals and succeed among the increasingly fierce competition.

EdenChain and OneLedger will work together to build a blockchain technology-based platform that offers enterprises effective cross-chain interoperability, reasonable processing costs, high security and scalability.

https://edenchain.io/new-partnership-with-oneledger/

I think it's better to deposit OneLedger on Coinex because they have bigger trading volumes and offer CET tokens aidrop - deposit 100 OLT and get 1 FREE CEE:  https://www.coinex.com/announcement/detail?id=79

OneLedger (OLT) is now on KuCoin, you can deposit now. Trading pairs include OLT/BTC and OLT/ETH.
Withdrawal opens July 14, 2018 at 22:00 (UTC+8), buying starts July 12, 2018 at 21:30 (UTC+8), and selling starts July 12, 2018 at 22:00 (UTC+8)

https://twitter.com/kucoincom/status/1017344275833483264

Video demonstration of setting up and running tests https://youtu.be/S2HHNaKRUZY

OneLedger has announced MVP (github), which includes a demonstration of setting up and running independent testnets for OneLedger, Bitcoin and Ethereum.

https://medium.com/@OneLedger/oneledger-mvp-announcement-8af35cdf0676

Social surveys on blockchain using OneLedger.

Many people today do not trust to social surveys. The first thing that comes to mind is who organized the poll and who could pay for the “right” result. When I read the results of surveys that some a car was chosen as the most reliable or that some politician has great respect in my head there is nothing but doubts.
Using blockchain can eliminate distrust of polls and make the results available for verification to anyone. But only blockchain is not enough, we need technologies to implement the polling algorithms and determine the roles of users. Here OneLedger will help a lot.
Any organization can develop a decentralized application using OneLedger SDK.  Algorithms of such open source dAPP will be fully trusted. And these decentralized application could be easily compiled from previously creates and trusted modules (you can read in details about OneLedger Business Center in the whitepaper) like for example “survey list”, “participant form”, “results report”, etc. Anyone can investigate are there cheating possibility. People who take part in surveys can adjust their roles and personal data access rights. To increase coverage of surveys companies can pay users money for answering their questions and automatically choose relevant people based on their shared personal data for each specific survey.

Smart Identity Management Platform  by OneLedger will allow people to easily take part in different surveys and get payment in any cryptocurrency using OneLedger’s  cross-chain solutions.
As we see such blockchain solution for surveys from the one side is definitely good for people because they can trust to survey’s results and even get money for their time answering the questions. From the other side it is also good for the survey organizations because they can not be accused of lying and manipulating the results.
So why don’t we have anything like this yet? Technologies are not implemented yet. But according to OneLedger’s roadmap in 2019 we could check strength of our predictions.  I believe in OneLedger’s team and great blockchain future with wide opportunities for everyone.

My ETH wallet for ambassador.oneledger.io:
0xC5e70dE0e2c074f31B9C873e1cb9942Fd0556A1c

OneLedger can help with separation of property ownership.

When we inherit property rights to which other people also have according to the will, it is very difficult to divide it favorably for all parties. For example brother and sister inherited the house in equal shares. To sell a house is a very long process, besides there can be disagreements among the owners about the price. Perhaps the brother lives in this house and he is not interested in selling at all, and the sister lives in another country and will not return to this house, so he wants to just sell as soon as possible. And if they quarrel or do not trust each other, the division of property becomes almost impossible.
Smart contracts on blockchain can help to solve this problem but we need even more advance d technology which can be provided by OneLedger.
Business logic of house selling procedure can be implemented in the decentralized application. And house could be sold in proper time even for different cryptocurrency, money would be automatically sent to brothers and sisters wallets. Development of such application will be possible thank to OneLedger’s software development kit and OneLedger’s architecture which gives an opportunity to deal with different blockchains and OneLedger’s digital wallet(it gives ability to trade and purchase services across multi-business networks). Developers also will have benefits. They can sell develop such a customizable application once and sell the opportunity to use it, which will be much cheaper than hiring a lawyer to draft a contract and a notary to accompany the selling property procedure.
If such a system worked before, it would be possible to avoid many conflicts like were also among my relatives. Let's hope that new blockchain technologies will make life better and less stressful.

My ETH wallet for ambassador.oneledger.io:
0xC5e70dE0e2c074f31B9C873e1cb9942Fd0556A1c

OneLedger for charity and non-profit organizations.

There is some specificity in the operation of charities and non-profit organizations. Often people cannot directly see results of their contributions to charitable foundations. An American who donated money to save the endangered species of Madagascar has literally no way to make sure of the effectiveness of his contribution and is forced to trust the reports of the organization to which he provided the money. He must trust the financially involved party.
Of course, many charitable foundations have a good reputation. But why rely on reputation, if today we have a blockchain to ensure the reliability of the data and the OneLedger  for creating the superstructures that are necessary for the solution of this task.
OneLedger will allow creating and customizing blockchain for the cashflows of non-profit organizations.  With the use of role control it is possible to separate read and write access on permissioned network, for example for donators, employees, management, etc.
So each donator will be able to trace his donation any time and get enough data to know was his donation effective or not. OneLedger will provide a software development kit to develop appropriate decentralized application. Using API you can lay on the beach an easily track your dotation by IPhone or Samsung.
You can even set up automatic donations in such dAPP depending on your income and the most important current time needs. Trust is a good thing, but a system that does not require trust is even better.

My ETH wallet for ambassador.oneledger.io:
0xC5e70dE0e2c074f31B9C873e1cb9942Fd0556A1c

I am really excited about this project, I passed the kyc and definitely investing in the project, have done an extensive research on oneledger ,it is a good project and have hardworking team behind it. I know my investment with oneledger is secured

Now that we're having a large influx of cryptocurrency assets and blockchains, there is need for us to be able to navigate back and forth between the various blockchains so as to perform unique tasks not possible on a single one.  This is a very promising project for developers.
Has the presale been done?

OneLedger review
 
Blockchain opened up a lot of opportunities for business. Its use makes it possible to simplify processes, accelerate transactions, increase the level of trust between partners. Unfortunately, business is conservative and does not hurry to accept innovations. In this environment, there are not enough competent people who are able to adapt new technologies to the needs of a particular business model. Even if the company decides to use blockchain, it becomes corporate - isolated from the outside world.  OneLedger developers want to help business to implement blockchain systems with minimal efforts, and also to give the chance to join other blockchains with the help ofside-chains.
Applications
With OneLedger, businesses can run their own individual side-chains. The use of the public key infrastructure will help to determine the role of each user. Companies will be able to create multiple layers of security, limiting the access of users or groups to certain networks, resources or data. This limited access model is often used in business.
In addition, you can, for example, create a corporate wallet or even a loan system. In addition to the usual functions of funds deposit and withdrawal, such a wallet can be used to purchase goods and services in other companies' networks. The behavior of a particular user can be evaluated via payment rating, which will be based on his history of using the network.
The same data will be stored in several blockchains at once, so the OneLedger protocol will support consensus in them.
 
It is planned that companies will be able to easily implement various blockchain-based applications. This will be possible through the use of a special protocol consisting of three consensus.
One of the most interesting ideas of OneLedger developers is the creation of a portal for ready-made business solutions. It will attract developers and simplify the use of technology in practice. Users will be able to buy a ready-made blockchain application or create one using the API. According to the developers, even a person not familiar with programming can cope with this.
A talented team of developers led by David Cao, Alex Todd, Stephen Lee and Trevor Koverko works on the project.
 
ICO details and token distribution
OLT Tokens will be used to conduct payments in the network and encourage masternodes owners. Of the first billion coins, it is planned to sell 35% at a price of $0.52. The hardcap is set at $15 million, softcap is $4 million. At the first stage it was planned to sell a number of coins equivalent to $1 million. Another $6 million was planned to be raised at the private pre-sale, plus $3 million on the public pre-sale. Crowdsale, during which it is planned to raise $15 million, will start in mid-June. For participation it was necessary to pass the registration procedure (KYC), which, according to the official Telegram channel is already closed.
Tokens will be distributed as follows: 25% will go for the community needs, 15% will be taken by the team and advisers, another 15% will be spent for marketing, and 10% - the company's reserve.  
Roadmap
At the time of the ICO, OneLedger does not have a finished product yet, which makes it difficult for investors to assess development. The first version of the protocol, according to the developers, will not be released until 2019. The largest tasks, such as launching a side-chain with Bitcoin and Ethereum blockchains, the consensus introduction, and the alpha-version release are scheduled to be completed in 2018. According to the first results, it will be possible to judge whether the developers have coped with their task.
Summary
The idea of OneLedger, in general, is attractive for business and ordinary users. In favor of the project's success, there is the presence of an experienced, reliable team. Of course, investors may be wary of the lack of the idea's practical implementation. Hardcap of $15 million looks appropriate, given the amount of work that remains to be done. In addition, the team will have to contend with strong competitors in the sidechain market, such as Aion, Nem and Arcblock. However, the team has a good chance to successfully hold the ICO and finish the job.

My ETH wallet for ambassador.oneledger.io:
0x2DadAc212fE26C5312801c326B7B70CB9A9E9F78

Links:
Website: https://oneledger.io/
Telegram: https://t.me/oneledger
Medium: https://medium.com/@OneLedger
WhitePaper:
https://oneledger.io/wp-content/uploads/2018/05/oneledger-whitepaper-05.17.18.pdf

OneLedger is a really good project that worth paying attention to it. Especially now when the hype around the project is growing daily before the main token sale. So I believe it'll be one of the very successful ICOs that can finish in minutes.