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About OneLedger
Key Points
- Founder and CEO: George Connolly, a Forbes top 100 executive member
- Unique feature: Interoperable blockchain supporting cross-chain transactions
- Partners: IBM, Google Cloud, Canadian and Caribbean governments
- Security: Blockchain security review by Hacken in Feb 2020
- Total supply of OLT tokens: 1,000,000,000
- Circulating supply: 49%
- Token allocation: 4.4% for team, 5% for company reserve, 30% for community reserve
- Use cases: Interoperability, staking, delegation
About OneLedger: Empowering the Future of Blockchain Innovation
The Visionaries Behind OneLedger: Meet the Founders
George Connolly, a distinguished Forbes top 100 executive member, is the visionary founder and CEO of OneLedger. With a remarkable 15+ year tenure as a Private sector System Integration Technology Leader, George has also held esteemed positions as a PwC Technology Leader and a Government National Strategic Plan Consultant for the Commonwealth Business Council. Additionally, he has made a significant impact as a Global ECM/Digital Transformation Leader.
George has cultivated an extensive network of influential connections across the Caribbean and Central America, empowering him to successfully navigate complex business deals and unlock opportunities at every stage of the value chain.
He is renowned for devising innovative solutions in sales, marketing, advertising, and promotional strategies, all of which converge on a singular focal point, yielding the desired outcomes with precision.
Unveiling the Unparalleled Advantages of OneLedger
Presently, the majority of blockchains operate as isolated networks, giving rise to two notable limitations, among others: the absence of a practical means to facilitate direct value transfer between disparate blockchains, and the inability of businesses and individuals to rapidly deploy distributed applications (Dapps) across multiple blockchain platforms.
Notably, OneLedger’s interoperable feature facilitates seamless cross-chain transactions, boasting business modules that enable sophisticated processing, including atomic swaps between disparate chains. Moreover, regardless of their native chains, all can engage in seamless communication with each other or cross-communicate with the enterprise’s existing data or platforms.
This establishes a robust foundation for crafting sophisticated, enterprise-grade applications and industry-specific solutions, catering to a diverse range of use cases. It serves as a pivotal gateway, seamlessly bridging the gap between enterprise systems and various public, private, or hybrid blockchain networks.
Thanks to its interoperability, OneLedger has garnered significant attention from prominent partners, including IBM and Google Cloud, as well as engaging in discussions with the governments of Canada and the Caribbean.
The Security Architecture of the OneLedger Network
In February 2020, Hacken conducted a comprehensive blockchain security review of the OneLedger protocol, meticulously analyzing its blockchain implementation, testing potential attacker endpoints, and scrutinizing its architecture. Furthermore, a thorough smart-contract audit was performed, ultimately confirming that the original code of OneLedger was of exceptional quality.
What Is the Total Supply of OneLedger (OLT) Tokens in Circulation?
OLT boasts a capped and total supply of 1,000,000,000 tokens, with a current circulating supply of 49%. The token allocation is as follows: 4.4% is reserved for the team, 5% for the Company reserve, and 30% for the Community Reserve, which is further divided into 5% for Bounty programs and 25% for block rewards. For a more detailed breakdown of OneLedger Tokenomics, please refer to our in-depth analysis. As a utility token, $OLT serves as the primary medium of interaction with the platform, facilitating a range of functionalities, including Interoperability, Staking, Delegation, Governance, DApps, the Creation of Custom Tokens, and a Domain Naming Service.
At the forefront of OneLedger’s agenda lies interoperability. The OLT token serves as the designated fee mechanism for facilitating seamless interactions across disparate blockchain networks. Leveraging its expertise, OneLedger specializes in integrating businesses with blockchain ecosystems, ensuring the integrity of centralized data while enabling the secure transfer of assets on the blockchain.
Furthermore, OLT is leveraged for every transaction a private business blockchain conducts on the public network. Given the substantial volume of transactions inherent to businesses, this integration is poised to significantly enhance the utility of OLT.
OneLedger boasts the capability to craft bespoke tokens, akin to ERC-20 for Ethereum, thereby empowering businesses to seamlessly digitize assets or establish credit systems for loyalty programs.
Where to Acquire OneLedger (OLT) Tokens
The OneLedger platform has garnered significant attention from enterprise investors, particularly with the launch of OnePass (International Health Passport), which has sparked interest from both enterprises and governments, and is witnessing an influx of new use cases. The exchanges where OLT can be bought, sold, and traded are:
Notable exchanges include Kucoin, Gate, AscendEX (formerly Bitmax), CoinEx, and Bibox.
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Unlock the Power of Oneledger Protocol:
- Implement customizable private and public sidechains that seamlessly interact with each other and the main chain, fostering a harmonious interoperable ecosystem.
- Designed to be EVM-compatible, our platform boasts ultra-fast transaction speeds (a staggering 1,000 times faster than Ethereum) and drastically reduced transaction costs (an astonishing 1,000,000 times cheaper than Ethereum).
- Empowered by an interoperability protocol, our platform seamlessly integrates with leading blockchain ecosystems, including Ethereum, BSC, MATIC, and more.
- Offering unparalleled flexibility, our solution enables the creation of public or private chains, sidechains, or off-chain and on-chain solutions, deployable on either centralized or decentralized platforms.
- Our comprehensive SDK and virtual machine empower developers to rapidly learn and master blockchain development, streamlining the development process.
- OneWallet is conveniently available on the Google Chrome Web Store, offering users the opportunity to delegate and receive substantial rewards.
- Validators can effortlessly set up nodes to stake and reap higher rewards, incentivizing participation and network growth.
Thus, OneLedger delivers tailored blockchain solutions to cater to diverse business needs, achieved by building bespoke customizations atop its proprietary blockchain software, seamlessly integrated with third-party software systems and tools.