On September 11, 2018, OneLedger signed a strategic partnership with PChain. The two sides will collaborate to assist each other with cross-chain technological development, ecological construction, blockchain applications, and other aspects, to jointly create a distributed financial ecosystem.
PChain, the EVM-compatible native multi-chain system is at the forefront of the world. With original PDBFT algorithm, unified knowledge map and Smart Data Oracle mechanism, it supports smart contract calls of non-native tokens, and aims to solve blockchain performance, interoperability, smart contracts not having closed-loops, relying on external data and other issues, making large-scale industrial applications of blockchain smart contracts possible.
OneLedger, on the other hand, is a new generation of cross-chain protocol that provides an efficient cross-chain engine. It helps individuals and businesses achieve cross-chain transactions through sidechains. At the same time, OneLedger also provides SDK development tools for enterprise developers. It can be used to build business modules that serve multiple business purposes. All interactions with the public and private chains occur on the sidechain, which greatly increases the efficiency and security of the cross-chain interactions.
The biggest obstacle facing the blockchain industry is efficiently using the cross-chain technology. Through this partnership, OneLedger and PChain will complement each other to explore the technology, market and various applications of the blockchain to further enrich the development of the existing ecosystem. The main reason for this partnership is to get rid of the grey areas in the existing technology and implement better technological innovations for the future. OneLedger looks forward to building a long-term partnership with PChain to create a better and sustainable blockchain ecosystem.