Buy OneLedger Whitelist

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OneLedger wants to create an agnostic protocol that allows businesses to use an API to connect and interact with the OneLedger blockchain.

But there are two caveats to be aware of with One Ledger. I noticed is that CTO and head of business development all occupying additional roles in other companies. Hype : 7.5 out of 10. Please read the disclaimer and risk warning. This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. We cover the blockchain technology, cryptocurrency, decentralized applications, fintech startups and the next generation of the Internet. Read the latest news, breakthroughs and price analyses. Polymath is currently holding its Polycon conference. Polymath aims to become a protocol of sorts, similar to Ethereum. “The way I like to describe it,” Koverko told Crowdfund Insider in an earlier interview. “We see this mega-trend emerging. We see this tsunami. This massive demand for asset backed tokens. Right now you have Utility tokens dominating the space. Have a crowdfunding offering you’d like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site! The insurance industry is an old and traditionally minded industry, often plagued by conflicting interests between insurance policy holders and insurance companies. The incentive insurance companies traditionally have of withholding payments or making it difficult to submit claims is removed by giving power back to the people and cutting out the middleman. Instead, anyone can buy “tokenized risk” by holding the Etherisc token and earn returns on the risk they are taking. The potential for savings in a model like this is obviously huge in that it can cut the large bureaucracy that characterizes many insurance companies today. These savings could potentially benefit both insurance buyers and token holders. Certain sections of the white paper also suffer from poor English writing and structuring which can make it difficult to understand. In fact, the Etherisc white paper looks more like an academic paper than a typical ICO white paper. In our view, it still has a way to go when it comes to explaining their concept to the general public. We believe the team would benefit from putting all of these together into a single easily understandable white paper. This document should also include essential information about the token and token sale, which is now largely missing. Etherisc is a company registered in Germany that is issuing a token that will be known as DIP on the Ethereum blockchain. When it comes to the token allocation, details are not easy to come by. We were not able to find any information about this on the website or in any of the 3 white papers that are available online. Eventually, we were pointed to a Google Doc by one of the company’s representatives on Telegram. As stated in this document, only 30% of DIP tokens will be available to the public during the token sale. This is a really small share, which in our view challenges the idea behind decentralized platforms. The overall token allocation is presented as follows: The token price for early contributors will be $0.10 + up to 25% bonus with a high minimum investment of 10 ETH. During the main sale, the price will be $0.10 with no minimum investment. Only non-accredited US investors are mentioned as barred from participating in the token sale. When asked about this on Telegram, the Etherisc representative stated that “some other countries might fail the AML check,” without offering further details. The Etherisc team appears to be fairly large with lots of experienced people from a variety of industries. The team is also more senior than many other blockchain projects, which in our view is better than having a team of only young people with no prior work experience. There are three co-founders on the team, each one with his own area of responsibility: All three co-founders have Etherisc listed as their employer on LinkedIn. The team is also spread out geographically with people from lots of different countries. Despite this, we do have some concerns regarding the team’s preparedness for the ICO (or “Token Generating Event” – TGE – as Etherisc calls it). Firstly, the many white papers that are published on the website make it difficult and confusing to find the information investor’s typically look for before investing. These documents should be merged and rewritten into a single easy-to-understand go-to resource for ICO investors. Secondly, we are critical of the team’s decision to only make 30% of tokens available to the public through the ICO. Generally, anything less than 50% public ownership of tokens challenges our view of what a “decentralized” platform should be like. All in all, we agree that the insurance industry is a good candidate for disruption. We also like the idea of “tokenization of risk” and letting anyone participate and essentially buy risk in return for a profit. This way, there is a huge potential for savings and cutting down on unnecessary bureaucracy in the insurance sector. However, we believe the team still has some work to do on the promotion and marketing side in order to make this ICO more understandable for the general public. All token sale details also need to be made available in one place, and the team should explain clearly their reasoning behind the token allocation model they have chosen. Overall, we arrive at a score of 4 out of 10 for the Etherisc ICO. More information: Featured image from Pixabay. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term trading. The author has no investment in Etherisc at the time of writing. [Main problems tackled]: 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 blockchains with their own uniquely-identified network consensus. With the use of role control, enterprises can also separate read and write access on their permissioned network. By leveraging the platform’s provided blockchain-based business tools, modern-day companies can efficiently and effectively adapt their business models to OneLedger blockchain technology. [Main contribution proposal]: 1)Smart Identity Management Platform - Managing an identity, pseudonymous or otherwise, across multiple distributed networks can be done by assigning a master private / public key-pair to an identity. This master key-pair can then be used to associate any other public keys to this identity by digitally signing a message with the private key of the master key-pair. OneLedger offers a universal identity solution to keep track of users’ assets that are stored on multiple distributed databases. 2) Blockchain Services - Anyone can launch a side-chain to run on the OneLedger consensus protocol. This side-chain can be permissioned or permissionless. node operators that may store or validate distributed ledgers, and assign particular identities to various roles in order to maintain the side-chain. 3) Chaincode Service - Businesses or individuals may wish to deploy dAPPs on multiple platforms. [Innovation]: OneLedger Architecture - This decentralized framework changes the basis upon how applications are built by ultimately unifying and realizing the real world into its blockchain parallel. 2) OneLedger Consensus Protocol - Business Logic will use a configurable role-based consensus methodology leveraging hierarchical grouping similar to the Merkle Tree. The role will be determined by business participants. Each role is linked to an independent node that participates in consensus; business logic will then determine how each role is fed into node data. The role consensus is subject to second level verification. Through their defined key and digital signature, Users can be correctly linked to their role in the business. This enables transparency and traceability, allowing identification of the user who had written data onto the Blockchain, and their respective role. 3) OneLedger Public Chain Consensus - OneLedger Sidechain Consensus helps initiate transfers between public chains. 4) Sidechain Consensus Algorithm - The Sidechain Consensus algorithm consists of two phases. The first phase is a “Round Based PreConsensus” to get a Consensus Proposal that more than 23 of the node in the scope has agreed with. In the second phase, the Pre-Consensus block will drive to the public chain if the proposal is a cross public chain. In this case, each node will validate that exactly one committed Pre-Consensus Proposal is signed by more than 23 of the nodes in the scope. Once validated, the block is broadcasted and the previous block is finalized. Investment Rating Expire date: 15.07.2018 Based on the analysis performed and issues identified we assign OneLedger project a “Stable“ rating. OneLedger has an ambitious, complex concept not currently existing in the market. Several competitors are developing comparable solutions, but there are differences between them regarding use cases, features and other functions. OneLedger’s platform is mainly aimed at businesses. High growth rates for the ERP, SaaS and blockchain markets contribute to increasing demand for cross-blockchain / blockchain-to-regular network solutions. We would like to highlight the relatively strong team working on OneLedger’s development. Most team members have experience in the development of enterprise solutions. The advisory board is satisfactory, featuring several experienced professionals including Trevor Koverko, CEO of Polymath. However, we draw attention to the following significant risks associated with this ICO: Absence of an MVP. Once the MVP/alpha is released and the team’s progress can be assessed, this will be less of a risk.

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  • 60% - R&D
  • 20% - operations
  • 15% - marketing
  • 5% - legal

ICO details, terms and conditions lack clarity.

The smart contract code on GitHub is insufficient. The team is not transparent on its website or in the project’s whitepaper regarding some important ICO terms, e.g. start and end dates are not specified and token price is not mentioned anywhere. The terms for two presale stages were not specified (the team disclosed them in its Telegram group however). The smart contract code published on GitHub is not sufficient and does not cover significant terms for the ICO. Revenue sources and project monetization are unclear. The team does not disclose the manner in which the project will be monetized, either on the project’s website or in the whitepaper. The team informs us that the project will be monetized via fees from users of the platform. However, these fees are not yet specified, and the need to support the platform and related working capital requires stable sources of revenue. Competition and market risk. The whitepaper is not comprehensive enough. Lack of specific technical details regarding crucial components and stumbling stones for the whole protocol and unclear/absent coverage of several important topics. Given that there is no MVP as yet, these factors significantly increase risks for investors. 4 developers may not be sufficient to deliver a complex platform like this in a given timeframe. The team is supposed to release a final version of the platform sometime in 2019. As of April 2018, they do not yet have an MVP. Application, adoption and beta-testing/performance improvement of a product for enterprise use will definitely require significant time and effort from the team. In addition to this, several problems regarding compatibility and performance are to be solved prior to release. Token price decrease. Lack of communication from the team. Our analysts raised several questions in the official OneLedger Telegram group when performing this analysis, and 2 out 3 remained unanswered. In particular, the team did not answer questions about monetization and the purposes of the company reserve in the token distribution. Based on the analysis performed, and taking into consideration all the risks associated with OneLedger project as of April 2018, we assign the OneLedger project a “Stable” rating. We draw attention to the fact that when MVP/alpha/beta versions of the product are released, this rating needs to be reassessed. Project representatives say that the MVP is to be released after the public sale, thus increasing risks for potential investors. Only limited information is available on the OneLedger official website. There is no mention of ICO start/end dates, token price, accepted currencies, applicable bonuses or other significant matters related to the ICO. Given that the ICO is to take place in May 2018, this degree of missing information on key ICO parameters is a red flag for risk-aware investors. The company provides a link to its smart contract code on GitHub, but it does not contain sufficient information either. The contract code is there, but significant terms and conditions are not yet set (token price, lock-ups, etc.). In an official Telegram group the company’s representatives said that “GitHub will be opened gradually. Smart contract details will be opened. OLT will be supplied in the amount of 100,000,000 (one hundred million) tokens, but the company intends to offer only 35% of this amount – 35,000,000 (thirty-five million) for sale. Token distribution will be as follows: The team specifies the following conditions for the reserves: The team and advisors hold a reasonable stake with justified vesting. The hardcap of 15,000,000 USD seems to be modest for this project and concept. The team has also informed us that they are working on a more detailed marketing strategy and they also plan to hire a marketing manager for this. The OneLedger protocol aims to unite separate blockchain networks, sidechains and external networks into one transparent, protected and distributed network. This master key-pair can then be used to associate any other public keys to an identity using the digital signature of the master key-pair private key. In addition, OneLedger provides a method for one identity to assign a trust value to another, thus creating a hybrid decentralized “web of trust”. Blockchain Services The OneLedger protocol enables anyone to launch a side-chain to run on OneLedger. This side-chain can be designated as permissioned or permissionless. Also, any public distributed ledger, regardless of its consensus protocol, supporting hashed time lock contracts and payment channels can be synchronized with a corresponding OneLedger side-chain. Chaincode services Another function that the OneLedger protocol aims to provide is running dAPPs on multiple platforms. OneLedger is developing an SDK that eases the process of porting the code from different development environments and deploying smart contracts across multiple platforms. It is planned that SDK will allow for users to define a “master smart contract” that specifies the smart contract written in each language of choice. The developer can then launch the dAPP on multiple platforms simultaneously by specifying the desired platforms within the master smart contract. Programming interface The primary client-side interface is a REST (Representational State Transfer) API enabling applications to register users, query the blockchain, and issue transactions. A set of APIs are made available for chaincode to directly interact with the stack to execute transactions and query transaction results. The service-side programming interface is a business portal for users to easily build business models and functions in order to project real world functions onto the blockchain. The OneLedger network can be best described using the following diagram from the whitepaper: Oneledger Business Center. The Extendable OneLedger API will help transform business models into blockchain applications through modularity. Each module could be authored by different developers and subsequently integrated with others. However, despite being very technical the whitepaper does not cover this important question. The team informed us that Connector is still in the design stage, but they will make sure that it is compatible with all major ERPs. Key platform customers/users are enterprises; however smaller entities and individuals may also be involved with the platform as application/API/models developers, etc. Possible use cases of OneLedger include but are not limited to: We draw attention to the fact that project’s whitepaper is not comprehensive enough. 4.1 Market analysis. Major manufacturers include IBM, Oracle, Microsoft, Fujitsu, Google, Salesforce, Workday, ADP and SAP. Unfortunately, no data regarding market split between the above developers is available on open sources. Orbis Research estimated that up to 65% of enterprise will be using blockchain solutions by 2020. 4.2 Competitive landscape. As of April 2018 there are several projects in the cryptospace that aim to solve interoperability problems between the traditional space and blockchain, as well as between different blockchains. All these projects may differentiate themselves from one another offering additional features, and focusing different segments or markets. To name a few, ICON, Unibright, Aion, Ark, Wanchain, Polkadot and Cosmos have come up with similar ideas; this is a highly competitive market at the moment. The OneLedger team did not perform a competitive analysis in their whitepaper, and thus do not disclose how they are planning to distinguish themselves from the competition. On the other hand, OneLedger may use this to its advantage and come up with possible ways to differentiate themselves from others. The creation of a cross-network blockchain layer network with its own SDK, all the relevant APIs, user interfaces and architecture requires a significant amount of expertise and competence. The team’s capability to deliver such a complex project will be easier to assess once the MVP is released. Without an MVP, the risks of failing to meet the roadmap or even failing altogether remain high. Final product launch is expected in 2019 as stated in the roadmap, which gives the team a maximum of 1.5 years to develop and release the platform. Without the MVP or alpha version, it is hard to determine if the team will be able to meet those deadlines. We also draw attention to the fact that the smart contract code on GitHub is being coded by people not listed on the team roster. Other than this, the team seems relevant to and sufficient for the project. He also worked at IBM Toronto Lab, with the development of DB2 and WebSphere Commerce core engine. As a specialist in supply chain, payments, e-commerce, and as an experienced J2EE enterprise architect, David has helped large enterprises grow exponentially, including Home Depot, Walmart, Xerox, etc. David is an active member in both the hyperledger and blockchain communities. David graduated from the University of Science and Technology, China. Alex Todd Chief Technology Advisor Alex has over 7 years of technological experience, including developing enterprise solutions for companies like IBM and Metrolinx. Alex graduated from the University of Toronto. Stephen Li Lead Engineer JavaScript expert, well-experienced full stack web developer; has worked for companies like Morgan Stanley, CGI, TEK systems, IBM, Microsoft, and NEC. Has over 10 years of experience in enterprise programming. Stephen graduated from the University of Electronic Science and Technology. Edwin Zhang Managing Director Edwin is a seasoned professional in the blockchain space. He is a former software engineering lead in blockchain-related R&D for TribalScale – an innovation firm specializing in emerging technologies. Edwin has a vast technical background both as a blockchain developer with Solidity and Ethereum smart contract development experience, and as a software developer. He has around 4 years of experience in enterprise development. Edwin graduated from the University of Waterloo. Othalia Doe-Bruce Public Relations Officer Othalia has 10 years of experience working in the financial services industry in general, and the asset management and wealth management fields in particular. She has worked for Manulife Asset Management, Citigroup, Thompson Reuters. She volunteers as Community and Relationships Manager for BlockchainHub, holds CIPM certification and she is also a certified Ethereum developer. Othalia graduated from Baruch College. Paul Homer Senior Blockchain Engineer Paul has over 15 years of enterprise software engineering and application with companies like Thompson Reuters, IBM, Tendermint, and CIBC. He graduated from the University of Waterloo.

Buy OneLedger ICO Allocation

  • Community reserve: 25%
  • Company reserve: 10%
  • Long-term partners:15%
  • Team and advisors:15%

Alex Lan Blockchain Engineer / Researcher Alex has around 3 years of experience in the field of data analytics for companies like MindGeek and Amazon.

Alex holds a patent in the blockchain field. He graduated from Western University and Beihang University. Lester Li Blockchain Engineer Lester has more than 10 years of work experience in information security and telecoms. He worked for Nokia Siemens Networks for 5 years, and previously graduated from the Southwest University of Nationalities. Lester does not have a developed LinkedIn contact network and has no recommendations/endorsements from his former colleagues. Key project advisors Trevor Koverko Advisor Trevor Koverko is a prominent blockchain founder, investor and speaker. After launching his career at the convergence of Wall Street and Silicon Valley, Trevor became a very early leader in the blockchain community. Trevor has keynoted major blockchain events like the North American Bitcoin Conference and seeded foundation projects like Ethereum, Aion, QTum, Hive, EOS and Shapeshift. In 2017, after predicting a mega-trend for financial securities migrating to the blockchain, Trevor co-founded Polymath - the world’s largest securities token network. Matthew Niemerg Advisor Matthew is a distributed ledger technology consultant. He is currently advising OneLedger, Ternio, Helix Cognitive Computing, and Hardfork Entertainment. He has also worked for IBM and Colorado State University. Jor Law Advisor Jor is a pioneer in building ecosystems for digitizing and trading securities on the blockchain and other distributed ledger technologies. A corporate, finance, and securities attorney, he is most well-known for his expertise in alternative finance, including EB-5, venture capital, crowdfunding, and initial coin offerings (ICOs). 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. He is an expert on attracting and verifying accredited investors. Within the crypto space, he’s most passionate about securities regulations affecting tokens, identity for regulatory purposes vs privacy and anonymity, and cross-ledger or cross-chain technologies. He does not disclose his advisory capacity for OneLedger on LinkedIn. Sam Onat Yilmaz Advisor Sam is a CEO at Windmill Enterprises and an advisor of tokenized distributed applications. He has worked for venture funds like idaCapital and BitAngels. He has also worked for Engine Inc. and John Hopkins University where he performed research and was VP of product development. He does not disclose his advisor role for OneLedger on LinkedIn. Gavin Knight Advisor The official OneLedger documentation states that Gavin is a Factom Foundation Advisor. Nevertheless, his profile on LinkedIn is not informative; he has no endorsements or recommendations from anyone. The Factom Foundation website does not mention him as their advisor. Mervyn Chng Advisor Mervyn is a partner in Gwei Capital Ltd and has also worked as a General Manager at Fest Enterprise Oil Private Limited. He has also served as a member/investor and a community cooperator for RChain Cooperative, an open-source blockchain project. Reuben Loo Advisor Reuben is a partner in the MW Partners Group, a blockchain consulting firm in Singapore. He also served as a blockchain community manager in several projects (Gifto Project, Zilliqa, Quantstamp Technologies, UTRUST). He is also advising  Loom Network and Hybrid Block. The advisors for the project are respected professionals, and include several famous names from the blockchain industry such as Trevor Koverko, the CEO of Polymath. Some advisors do not mention OneLedger in their social networks although that is acceptable and does not create significant risks. There is no information on whether investments from VC funds or seasoned investors have been received by OneLedger during the seeding stage. The OneLedger platform will require use of its utility token OLT (ERC-20 token) and 100 million OLT will be premined. When the platform matures, there will be 3 types of users of OLT token: users, network supporters (nodes) and developers (as per the whitepaper): 1. Users, including businesses, need to pay a network fee to nodes to use any services on the OneLedger platform. They can either acquire OLT tokens from other token holders, or they can run a node themselves to start acquiring tokens for business use cases. Users might need to pay OLT tokens to access services sold in the marketplace based on the distribution smart contract set by the developers. Network supporters (nodes). Network supporters (nodes) will receive OLT tokens as network fees. In the early phase, OneLedger’s software will enable anyone to run a node. After a period of time, a staking amount may be established to ensure commitment and the quality of the network. Developers will range from individual contributors to enterprise teams, to consulting firms. Developers need OLT tokens to deploy their modules on the OneLedger platform. They can submit modules and code to OneLedger Marketplace with a smart contract that defines the terms of sale. Additionally, OneLedger will give a grant to the best developers and most qualified projects by leveraging the 25% of tokens reserved for the community. The company does not disclose any more detailed token metrics in its whitepaper. The platform economy remains unclear. There is no understanding whether fees and payments within the platform will be set in OLT, or fixed in fiat but paid in OLT. These details are important for the team, as well, as they have to understand how they will monetize their product, and whether the project can be profitable at all. OneLedger plans to monetize their platform via fees paid by its users. The application of the OLT token seems reasonable – users must have supplies of this token if they want to benefit from the OneLedger ecosystem. The alpha version and API are expected to be done by the end of 2018 and final platform launch is expected to take place sometime in 2019. Whether or not the team is meeting those milestones, and the degree of the product development at each stage will drive the token price up or down. Demand for the platform At the date of analysis (April 2018) it is hard to predict demand for the platform in 2019 once it is released. Nevertheless, the need for a cross-blockchain solution will increase as more and more enterprises start to implement blockchain solutions in their systems. On the other hand, OneLedger has competitors which (given the significant OneLedger turnaround development time of 1,5) may react and scale their businesses before OneLedger launches. This may force the token price down. Sales of tokens by seeding/presale investors US$10 million from a  US$15 million hardcap were raised by the presale and from seeding investors. There is a significant degree of probability that they will want to fix their profits and sell their tokens once listed on exchanges. Discounts The company does not disclose any discounts for the presale and seeding investors, but it is a reasonable assumption that there were. Therefore, presale and seeding investors who wish to realize their gains may cause the price to drop lower in the course of taking their profits. Once the MVP is released, and team progress is transparent, this risk may decrease. High Lack of clear ICO details, terms and conditions. Smart contract code on GitHub insufficient. Without the MVP it is hard to assess if those deadlines are feasible, given that there are only 4 developers and so much to work on. Medium Development risks/team risks The team is supposed to release a final version of the platform sometime in 2019. As of April 2018, they do not have an MVP. Application, adoption and beta-testing/performance improvement of a product for enterprise use will require significant time and effort from the team. Low The information contained in the document is for informational purposes only. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions and ideas on how to make the analysis more comprehensive and informative. This OneLedger review is not an investment advice. It’s an honest overview and analysis of the project and the one ledger token (OLT) connected to it. We do believe it will be a strong player in the crypto market. But let’s start with the: What is OneLedger? OneLedger is an enterprise blockchain protocol which is designed to allow businesses deploy a high-performance scalable end-to-end solution for their business needs, using a modified Byzantine Fault Tolerant consensus scheme. OneLedger has been designed to work as an inter-chain network; transactions could be made off-chain and later transferred to the sidechain of OneLedger. This allows users to perform an arbitrary number of transactions on the network without overloading it or causing slowdown in processing times. It also frees up system resources. OneLedger’s sidechain can support cryptocurrencies that are based on hashed time lock contracts. The entire chain construction is scalable. For businesses to operate in today’s world, a lot of their functions have to be captured and performed with enterprise solutions. Business processes and applications have to be integrated. Existing blockchain solutions are programmed to either serve as payment solutions (e.g. blockchain) or to support the creation of decentralized apps (Ethereum). There are very few which are built to promote enterprise processes. Without a blockchain technology that integrates business processes, communication and interaction within the various elements of a business (e.g. between the business and its suppliers or between a business and its customers) still have to be done the old way. What does OneLedger bring to the table as its unique selling proposition? A key component of business processes is the handling and processing of payments. The protocol of OneLedger supports the authentication of public keys of wallets. The OneLedger token will constitute the currency of the network and will be stored in highly customizable OneLedger digital wallets.

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  • Strong team and strong advisors.
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  • OneLedger has allegedly raised $10 million in private sales.

The token and wallet will support multi-network business interaction.

The OneLedger network will maintain a tamper-proof digital identity of users. What are the pros of the OneLedger project? There are some negatives with this project. 100 million OneLedger tokens (OLTs) has already been pre-mined and will be issued as parity with ERC20 tokens. This allows for equilibrium in value so that the tokens can be seamlessly used on the Ethereum network as well without complex conversions. Total soft cap is $4m and the hard cap of $15m. An initial vesting period of 6 months has been proposed. This will follow the 1st seed round fundraising or $1m. Two private pre-sales will be held to raise $6m and $3m respectively, after which the public sale of OLT will be done to raise $5m. The proposed allocation of the OLTs is as shown below: A substantial component of the OLTs (35%) will be sold during the private and public offers. This is the component covered by the Sale Distribution segment of the pie chart. The rest of the tokens will be distributed as follows: The Ethereum side chain test net will be launched in Q1-Q2 2018. At the same time, synchronization of the protocol engine of OneLedger with Ethereum side chain will be carried out. It is also intended to achieve cross-chain consensus along with launch of the Minimum Viable Product at this time. The last half of 2018 will see enablement of the Bitcoin sidechain as part of the expansion of cross-chain support channels. Furthermore, the cross chain exchange protocols will be decentralized. Tools to enable the modularization of the OneLedger enterprise solution will also be completed. Other activities to occur within this period are implementation of the smart identity management system, and launch of the API gateway. We are also likely to see the entrance of the alpha version of OneLedger before 2018 runs out. The launch of the first version of the mainstream OneLedger platform is expected to take place in 2019. OneLedger – decentralized platform for different blockchains integration Categories: By the way developers tend to build up such protocol enabling blockchains’ adaptability. OneLedger is one of them. Other competitors are Palkadot, Fusion, Quant Network, Cosmos Network, Wanchain, Block Collider that either have not entered exchanged or are going to conduct ICO. To sum up sidechains are obviously trend in 2018 and the competition is tough. Sidechain in development is to resolve adoptability obstacle between blockchains making it impossible to make cross-ledger transactions. Such projects are obviously solving real market problem upgrading the industry. Oneledger will include a wallet with making it possible to account information in consistent three-layer consensus (Consensus Across Chain). This product contributes to better blockchain technology permeation in business. Developers are also will be able to develop their own dApps using OneLedger protocol. OneLedger technical description is detailed but prototype is not available yet: on the other hand the team promises to demonstrate it before the tokensale. According to the roadmap product realization is planned in 2H 2018, but detailed milestones are not available. Github activity is poor and only tokensale contract is available. CEO has 10 years’ experience in developing architecture for internet projects but is not experienced enough in blockchain technology projects. Lead developer has 15 years’ experience in soft developing working for IBM, Microsoft, Morgan Stanley and Deutsche Bank. Senior developer also has rich development experience since 1989 working for Reuters, IMB and managing teams in IT companies. Having rich technical experience the team face up to the lack of marketing and legal specialists. Blockchain is an integral part of OneLedger business model and it contributes to network decentralization. Users are able to become nodes getting a reward in OLT tokens as a fee for transactions and services. Also developers are involved being rewarded for upgrading the platform from Community reserve. Monetization model and revenue streams are not clear. OneLedger aims to raise 15M USD that sounds reasonable in comparison to alternative ICO projects. Softcap is 4M USD but the team does not disclose product options for different fundraising scenarios. Token distribution is also reasonable but the share of token for ICO is only 35%. Team share is reasonable with its 15% locked for 2 years. Funds expenditure details are not available and monetization model is not clear. 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. OneLedger wants to make it easier for SMEs to conduct their businesses on the blockchain without the need for blockchain development experience. The blockchain is quite technical, as a result, only developers and those with the technical know-how benefit directly from the opportunities it provides. A platform that makes the blockchain usable for people without developmental experience would definitely come in handy—it may even increase adoption of the network. To do this, as mentioned above, no blockchain development expertise is required. Users can set permissions on their networks, create digital wallets, trade services with users in other networks etc. The OneLedger protocol also supports consensus across different blockchains, and is highly scalable. The OneLedger team is led by Founder & CEO, David Cao. Cao has over 3 years of blockchain experience and over 10 years’ experience working in various capacities with notable companies like IBM, Walmart, Xerox, Home Depot etc. He is joined on the team by CTA, Alex Todd, Lead Engineer, Stephen Li, and Managing Director, Edwin Zhang. At the moment, OneLedger does not have a working prototype or an MVP. Therefore, it is hard to predict exactly how well the product will perform in the market. OneLedger plans to launch an MVP that has cross-chain consensus sometime between the 1st and 2nd quarter of 2018. An alpha version of the platform will reportedly be released in Q3/Q4 2018, and the full version is to be released in 2019 (tentative). Reports also indicate that the OLT token sale will start in May 2018. They have a couple of releases scheduled for Q1/Q2 2018, and if these launches take place as planned, they will go a long way in reassuring the investing public. If the testnet or MVP works hitch-free, then OneLedger may have a very promising ICO. If you enjoyed this article, please share it and follow us to get notified when we publish new articles like this. Disclaimer: The information contained herein is not intended to be a source of advice and the information and/or documents contained in this website do not constitute investment advice. Basically, it works as a cross-ledger blockchain platform for people to make exchanges through business methods. It’s also developed using the enterprise blockchain technology solutions that are running across the world like something the world has never seen i.e it’s one of it’s kind. Its website is pretty good and One ledger’s community is also very big, there are many people already who are supporting this new project. Their team is able to handle this big community very smoothly. The white paper is made in every detail and the roadmap is also well made. Well, one ledger is a business blockchain protocol which is the one of its kind project. They’re a brand-new company with a great and hard working team. Not only that, they have a huge community over 23k members in their telegram group itself. Therefore I would surely invest in this project. You need to login to create review. OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling. OneLedger tries to be more than a cross-chain exchange. Through smart contracts and business integration APIs and SDKs, they will create process of on-boarding businesses to use distributed ledger for their particular use – whatever that may be. Businesses and individuals can leverage the platform to create both public and private blockchains with their own unique consensus. OneLedger also 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. Lastly, OneLedger offers a universal identity solution to keep track of users’ assets that are stored on multiple distributed databases via the Smart Identity Management Platform. Roadmap Oneledger plans to launch MVP and Ethereum sidechain testnet in Q2, bitcoin sidechain, platform alpha and APIs by the end of 2018 . First version is to be released in 2019. Team & advisors Team is average, not excellent nor bad. David Cao with few years of Blockchain experience, Alex Todd has several years under the belt as CTO in other companies. Stephen Li, Alex Lan and Lester Li show good developer background – however no blockchain specific experience. Looking at advisor Trevor Koverko pops up immediately – he is the CEO of Polymath which went very well considering there was not even a public sale. Competition It is getting quite packet with these cross-chain projects: Wanchain, Fusion, Aion also Block collider. All these projects are trying to achieve similar goal by different means while focusing on slightly different business case. Saturated market is not always an issue as long as you can stand out or provide better service than the rest. Token utility Users, including businesses, need to pay a network fee to nodes to use any services on the OneLedger platform. In the early phase, OneLedger’s software will allow everyone to run a node.

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After a period of time, a staking amount may be established to ensure commitment and quality of the network.

Developers need OLT tokens to deploy their modules to OneLedger platform. What are our concerns: MVP will be released after ICO. Investing into whitepaper ICOs is definitely not for everyone and we would recommend the team delays the sale and releases the MVP prior to the ICO instead. Hype is super low – Oneledger is almost hard to find anywhere, only 4k telegram users but increasing since mentioned by Ian Balina. Tokenomics – overall not optimal, only 35% of 100million tokens will be sold in sale with hardcap of 15mil dollars. Token price starting at 42 cents. Presale/private sale investors have no lock up either but on the other hand they had only 25% bonus which is not bad. We could not find any company address on the webpage or any other documentation – director claims team is working remotely and plans to move to an office. What’s the verdict? This is not a financial advice. While this is yet another cross chain project, Oneledger tries to differentiate itself from others by focusing on businesses moving to blockchain. We personally will keep a closer eye on this project, specifically on MVP release and the community size. The ICO coin offering and OLT Token of OneLedger are offering a way to simplify the integration of the Blockchain technology. It plans to use a blend of integration APIs, business modularization tools, and interoperable architecture to ease the process of onboarding the Blockchain technology for businesses. It presents the protocol as an easy path to using distributed ledger technologies for inventory management/supply chain management, digitization of assets and accounting. ICO value proposition OneLedger offers a 3-layer consensus protocol built to provide seamless integration of various Blockchain applications to be used by enterprises. It enables the user to use the OneLedger business portal to create business applications. This uses the API gateway to communicate with the protocol. The business portal allows users with little or no blockchain experience to create their business module on the Blockchain. They can generate a chaincode using the modules built by the developers and also label the entire process with its design. OneLedger ICO Team The CEO and founder of OneLedger is David Cao. He works with brilliant minds such as Alex Todd who serves as the CTA of OneLedger. Stephen Li is the lead engineer, and the advisory team is led by Trevor Koverko, the CEO of Polymath. ICO Fortes and Opportunities This product concept is quite business friendly. It plans to develop a business portal or service-side interface for all blockchain users with different levels of experience to create workflows and map their business modules on the blockchain. ICO Threats and Weaknesses The focal point of the blockchain infrastructure project is interoperability. The problem here is that the there are so many protocols that offer identical promises in terms of interoperability and scalability. The competition is high. The Verdict on the ICO The OneLedger ICO has very little product development and is a highly speculative project. However, the concept, as well as the team of experts, deserve attention. Legal Disclaimer: The content of this website (smartereum.com) is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither smartereum.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from smartereum.com. The token sale or exchange event is entirely unrelated to TokenMarket and TokenMarket has no involvement in it (including any technical support or promotion). Token sales listed from persons that TokenMarket has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. Please refer to our website terms and conditions. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns. Please also review our Sector Risk Warnings page here before you decide whether to commit any of your assets in respect of this product or service (or any other). Each Token project is different and the need for TokenMarket services varies - therefore sometimes all services are not provided and sometimes additional services are requested. TokenMarket receives compensation from the Token project for the provision of the services. The exact nature of the compensation varies. Depending on project and stage of the Token Sale TokenMarket receives a fixed fee and/or a percentage fee based on the volume of the sale. The average size of the total compensation is a mid to low single digit percentage. The fee paid is paid in the currency of the Token sale or in the Token itself. General information Short description: OneLedger allows you to create business applications through the tools of modularization, which will interact with the OneLedger protocol through the API. This will allow applications to interact with various private and public blockbodies through the side-chains on the OneLedger platform. Alpha version we will have to wait until 3–4 quarter of 18-year, and the first working version won’t be until 2019. There are 2 repositories on the site for the site (not updated 4 months), second for OLT tokens which is updated regularly. Tokenomics The project uses the OLT token. The same applies to the team, they have a period of 24 months with quarterly payments realized in smart contracts. There are 3 network members who interact with tokens: users, nodes, developers Regarding prices and bonuses: PRIVATE PRESALE 1: approximately USD 0.41. PRIVATE PRESALE 2: approximately USD 0.43. Bonus from a private pre-share of 25% for 6 million USD. The bonus from the public pre-sale is 20% for 3 million USD. There are no bonuses for the public. At the moment all presales are closed. In OneLedger do not consider that the bonus on the pre-sale is large enough to crash the course after a reset on the stock exchange. Technology The OneLedger infrastructure consists of : a Smart Identity Management platform, a Blockchain service, a Chaincode service, and a business portal. Platform Smart Identity Management : this function allows you to create a single “identity” for several blockers. This is done by creating a master private and public key pair. Each public network key can be associated with a “person” by signing a message using a private key pair. As a result, assets can be tied to “identity” and tracked through several blockers. You can also configure access levels and roles here. Blockchain Services : The OneLedger infrastructure allows any user to create a private or public side client to work with OneLedger. Service Chaincode : through the use of the SDL OneLedger, companies can transfer their Dapps to several blockers. SDK OneLedger will allow users to create a “master-smart contract”, which defines a smart contract written in each chosen language. Then the developer can run dApp on several platforms at once, specifying the necessary platforms within the master-smart contract. Business Portal : OneLedger provides tools on its business portal to simplify the integration of the blockbuster. With the help of these tools, the company can determine what modules it needs for integration. OneLedger will provide enterprises with access to independent developers who can create the necessary modules and then integrate them into one system. To ensure interaction between different blockers and sidechains, the three-layer OneLedger protocol is used. It consists of the following steps: OneLedger Business Initialization, OneLedger Channel Consensus, OneLedger Public Chain Consensus. OneLedger Business Initialization — here you define a contract with the indication of roles and their behavior in the business. The contract, defined for the business model, will be generated in accordance with the contract and deployed in various blockhouses, for example Bitcoin and Ethereum. OneLedger Channel Consensus — allows you to perform interactions between roles. The consensus consensus will require all participants to vote on the principle of BFT consensus, when more than ⅔ voters reached an agreement. The block behind which this pre-consensus block is voted. If the required number of votes is received, then the proposed block is considered pre-commit. If the voices are not dialed then the round goes again. Once the consensus is completed, the block is recorded and distributed to the nodes. OneLedger PublicChain Consensus — helps to make transfers between public blockers. After checking, the block is distributed, and the previous block is terminated. Once ⅔ node sidechain fix this block, it will be completed in OneLedger. Using In whitepaper the main purpose of OneLedger, creators, see decentralized cross-channel exchanger. For the correct interaction of different lockers and to ensure the safety of network participants. Team Founder and Chief Executive Officer: David Cao , Education: Comp. science in CUST. Science in UESTC (a strong Chinese university). science Experience: Soft. The developer in Autodesk-4 months, the analyst for quality assurance in NexJ Systems-4 months, developer LogiSense-1.5 years. Agile Soft Engineer by TribalScale-1.5 years Public Relations Officer: Otalya Do-Bruce Education: Baruch College — MBA Finance, Sienna College — Finance and Investment. Analytic for performance analysis and clients in Manulife (investment management is a large company), community manager (volunteering) in The BlockchainHub-1 year Senior Block Engineer : Paul V. Homer Education: mathematics, comp.

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Science, Combinatorics and Optimization at Waterloo University Experience: soft engineer Tendermint-part-time 5 months, Bitcount-head 11 years, and application consultant CIBC for the last 6 years.

Block engineer : Jie / Alex Lan Education: Western University Comp. Science; Beihang University - Information and Telecommunication Engineering; Ecole Centrale de Pékin specializing in Engineering. Experience: Business Intelligence Engineer in Amazon-1 year, Data engineer in MindGeek-1 year, Developer & Big Data Architect in RDB.IO Inc.-1 year. According to the above pluses and minuses, we can say that oneledger, a very promising project with interesting ideas and a very good team. The only concern is the lack of MVP, but since their githab is regularly updated, you can expect that its release will take place on schedule. Among the competitors ICON, Cosmos, Wanchain and others, but OneLedger has a number of differences (they have an article on this matter). Please remember, this review is not an investment guide, take all decisions based on your own thoughts.