During the early years of my career, I sold EMC hardware storage for Enterprises and the Public Sector (Government). My foray into management in the formative years also involved leading the Sales efforts of multi-million Business Intelligence/Business Analytics solutions from SAS into large Government agencies (in Malaysia). Trust of the solution, a proven products and a long cycle time to correctly deploy the solution in the customers’ premises are all part and parcel of this class of software.
Enter OneLedger, a solution which its CEO David Cao says answers the question of “What if Blockchains are built in different countries”? Sounds like a large Enterprise problem doesn’t it? Different countries and organisations have a myriad of business process and legacy solutions which were put together over a number of years. They are probably obsolete, but the THEY DO WORK.
So how do you put all these together? Enter OneLedger, a new universal blockchain technology protocol that gives users the ability to perform cross-ledger access via business modularization. And architecture is very PRETTY, I must admit, befitting that designed by a TEAM WHO KNOWS WHAT THEY ARE DOING.
So how do you put all these together? Enter OneLedger, a new universal blockchain technology protocol that gives users the ability to perform cross-ledger access via business modularization.
The solution is OneLedger, a universal blockchain network built with a universal protocol enabling cross chain access through business modularization. OneLedger defines a three-layer consensus protocol to enable more effective integration of different blockchain applications into the enterprise.
But will Enterprises take the bite? They are known to be very picky, even more so the Government with extensive evaluation procedures. So it is heartening to know that OneLedger has an SDK (Software Development Kit) on its platform which is highly customizable – it will be challenge of Enterprises and Governments have to rely on armies of developers for system deployment, similar to what I saw in my early days at Andersen Consulting in deploying Client-Server solutions for Banks.
And such as SDK is needed because ultimately, processes in the Government or large enterprises are complicated and I will demonstrate at least two, which I am familiar with.
The first has to do with the integration of Hospital systems in Malaysia. The Government has tried but failed in two projects which have cost the taxpayers over RM100 million each! (US$25 million). But OneLedger does provide hope that the this integration can now happen with the immutable and secure process of being able to transfer Electronic Medical Records securely from Primary Care facilities, to Secondary Care and finally, Tertiary Care (specialist hospitals). Of course Telemedicine also now has a chance to prosper because of the Role based capabilities to recognise a trained Physician on the other side.
Yet another use case which involves the synchronisation of many parties is in authenticating users of Government services. In Malaysia we use the National ID, MyKad but one should also be able to use their passports (especially for visitors and foreign residents) to access Government services. OneLedger can come in and provide the immutability and identification features for the Malaysian population to access a wide array of Government services online. Already, services by our Immigration department is top notch!!
Although there is no MVP yet for such an ambitious project, OneLedger will demonstrate interoperability sometime in June. Although the github repo includes smart contracts for the tokens, the repo for the MVP is currently private.
Due to this, rather than look at the entire resume of the team, I’d rather use the 80-20 rule, meaning that STRONG LEADERSHIP from a select FEW is sufficient to take me across the line and put this in my portfolio. And at 0.041 for Private Sale 1, 0.043 for Private Sale 2, and 0.052 now, the pricing is very reasonable considering ETH has doubled in the past one month. Here the 2 resumes of the two main actors:
And this points to the strengths of its TWO SUPERSTARS, David Cao and Advisor Matthew Neimerg. These two bring CREDIBILITY since it’s an ideal mixture of industry experience and academia. Without both, and taking in mind future R&D and innovations which need to be introduced, product development is bound to stay STATIC. But NOT FROM OneLedger, and this is their strength.
This is not a “get rich quick” crypto and requires patience to grow with the company. But OneLedger is a groundbreaking technology that unlocks a wave of new frontiers, possibilities and opportunities in an area which has not been addressed properly, the Business Enterprise and the Government Legacy applications.
To enjoy a YouTube review of OneLedger ICO, then goto my Youtube channel at: http://bit.ly/2JqBJ26