We are proud to announce that a strategic partnership has been established between OneLedger and QuarkChain. As the first cross-chain partner QuarkChain has signed with, OneLedger will provide highly efficient cross-chain infrastructure protocol to the smart contract on QuarkChain. OneLedger released its MVP earlier in June this year, demonstrating a powerful cross-chain consensus engine.
If consensus algorithm is the core of Blockchain, then cross-chain technology is the key to build a network of value transactions. Nowadays, each public chain such as Bitcoin and Ethereum is all isolated. As more and more public chains are developed, there will be more and more isolated network of information, which prevents Blockchain ecosystem from further developing. Cross-chain technology will be the bridge that connects each isolated network and it is the key to sending information in the network.
OneLedger is a new generation of public chain protocol that provides highly efficient cross-chain engine. It helps individual and business achieve cross-chain transactions through side chains. Additionally, OneLedger provides SDK development tool to enterprise developers. It can be used to build business modules that serves various business purposes. All the interaction with public & private chains will happen on the side chains, which significantly increases the efficiency of cross-chain transactions. This effectively improves the security of cross-chain transactions.
QuarkChain’s goal is to build a secure, decentralized, highly scalable and extendable Blockchain infrastructure solution through shredding technology. Its goal is to achieve millions TPS. The strategic partnership between OneLedger and QuarkChain will help both parties build a better developer community. Corporation can include technology knowledge sharing, organizing hackathon together, etc.
OneLedger team will host roadshows in major cities such as Beijing, Shanghai, Hangzhou, Shenzhen, in China towards the end of August. The roadshows will focus on introducing OneLedger’s cross-chain technology. It will also cover potential use cases in finance, insurance, logistics industries. OneLedger will work with QuarkChain to build the most innovative Blockchain applications.