The rapid growth of blockchain based companies in the current period has made it verifiable that technology is a dominating factor in the modern society. As blockchain projects increases, the number of digital assets multiplied and that’s where KuCoin intends to operate, to help potential currencies to become an asset to watch and to trade.
And today, another promising project has listed their native currency called OLT to KuCoin platform. The company is OneLedger, a cross-ledger agnostic protocol focusing on assisting enterprises.
At precisely 18:00 UTC+8, deposits will be available with trading partners that include OLT/BTC and OLT/ETH. Buying will be possible at 21:30 UTC+8 while Selling and Withdrawal will commence at 22:00 (UTC+8). All transactions can be processed either by utilizing KuCoin’s App or directly to their official website.
OneLedger OLT Introduction
OneLedger is a universal blockchain protocol, which offers inter-network exchange for successful business integration. They maintain several blockchains in their ecosystem. OneLedger aims to connect various blockchains and get the opportunity to take benefit of each of them.
OneLedger will help cross-exchanges and utilize a system of sharding as well as a sidechain, so that network performance and transaction speed will be remarkably high. One choice is to build a decentralized exchange with fast transactions. For example, a user requires to trade Litecoin pair to Dogecoin (Within the OneLedger network). It will produce a sidechain for processing operations and will not influence the performance of the main chain.
Other uses of OneLedger:
Ability to utilize and transfer DApp applications
- Offers cross-chain and consensus on the OneLedger protocol
- The capacity to communicate DApps over the OneLedger protocol
- Transact transparency and traceability by the marking of business flows
- Assistance to businesses and individuals with AI support and stream optimization
OneLedger designates 35% of the total token supply for the token sale. It also has executed various vesting periods and lock-ups to evade dangers of token price dump after listing on the exchanges.
Each OLT token will initially be mapped to one similar ERC20 token so early adopters of OLT can apply them on Ethereum ecosystem as the OneLedger ecosystem is being generated.
As the OneLedger ecosystem develops, there are three major participants in the OneLedger token economics: users, network supporters (nodes), and developers.
OneLedger will also create a marketplace, which is a decentralized application on the OneLedger platform.
The team behind Oneledger’s success brings important expertise in the blockchain protocol and consensus algorithm development, high-performance computing, information security, cloud computing and enterprise intelligence.
CEO of one ledger, chairman of the Canadian-China-Professional Blockchain Association, has over 13 years of cumulative experience in blockchain technology and enterprise architecture.
CTA of Oneledger is a Founder and CEO of Trust 2 Pay and former Chief Technology Officer (CTO) of PRESTO.
Lead Engineer of OneLedger, The developer of blockchain and smart contracts with 15 years of experience as a developer, including well-known companies – NEC, Microsoft, IBM, Morgan Stanley.