specifically I'm interested in
how do you understand the description of the work?
" How does it work?
The consensus mechanism used by Openchain differs from other Bitcoin-based systems, it uses Partionned Consensus:
Every Openchain instance only has one authority validating transactions.
Instead of one single central ledger, each organization controls their own Openchain instance. Instances can connect to each other.
Different transactions will be validated by different authorities depending on the assets being exchanged.
Every asset issuer has full control on the transactions relevant to that asset."
source link . https://www.openchain.org
article is informational only
