As a new generation of cross-chain underlying technology, OneLedger has received a tremendous amount of attention, in the enterprise as well as the blockchain world. The technology of cross-chain capabilities empowers people to leave the traditional thinking behind and open up a wide spectrum of new technological applications. The interoperability solution has an ability to shake up a number of industries such as finance, supply chain management, internet of things, social governance, public service etc. People need to jump out of the previous pure chain development and start thinking about extending the applications of decentralization and coverage of the consensus network.
It is under this trend that OneLedger has been working on several excellent projects and recently, reached a deep strategic cooperation with South Korea’s well-known project, EdenChain.
OneLedger will provide an efficient underlying cross-chain transmission for EdenChain and its smart links on the public chain protocol. OneLedger released its MVP earlier in June this year, demonstrating a strong protocol layer cross-chain consensus.
OneLedger is a new generation of public chain protocol that provides highly efficient cross-chain engine. It helps individuals and businesses achieve cross-chain transactions through side chains. Additionally, OneLedger provides SDK development tools to enterprise developers. It can be used to build business modules that serve multiple business purposes. All the interactions with public and private chains take place on the side chains, which significantly increases the efficiency of cross-chain transactions. This effectively improves the security of cross-chain transactions.
EdenChain is a platform based on the blockchain technology that leverages and trades all types of assets (reality and virtual assets) and is programmable. By establishing a smart contract, all tangible and intangible assets can be transformed into symbols on the chain, thus creating a new huge programmable economy.
OneLedger will help EdenChain create a scalable, flexible and secure blockchain extension that builds and facilitates an exchange of a wider range of tangible and intangible assets to obtain an equivalent currency platform, taking place between single and multiple chains in dynamic equilibrium.
OneLedger and EdenChain joined forces to build a secure, decentralized, high-throughput and a scalable blockchain underlying technology platform to support future businesses with secure interoperability and low cost landing.