OneLedger is founded by Fortune 500 executives and Forbes executive members and has partnered with IBM and Google Cloud. David Cao is the founder of OneLedger, who has extensive technical experience in the industry, and is the founder of the Silicon Valley Innovation Center.
OneLedger’s whitepaper was created during Q3-Q4 2017, and the team of founders also launched the project’s Proof of Concept during this time. OneLedger was launched in 2018, and since then, it has been gaining recognition in the blockchain space.
In Q1-Q2 2018, the developers focused on implementing the consensus mechanism’s initial framework, starting the cross-chain solution development, and launching the MVP with Atomic Swaps. In Q3-Q4 of the year, OneLedger’s node cloud was made platform agnostic, phase 1 for API Layer was started, and the Chronos testnet was launched.
Several other features were added through 2019, including OneExplorer, OneVault, SDK, OneLedger Naming Service, a customizable business blockchain solution, OneWallet, and Google Cloud Marketplace integration. Significant milestones achieved in 2020 include token migration, OneWallet 2.0, domain management dApp, validator staking, governance proposal dApp, delegation, developer community, and more.
The OL Pay ecosystem went live in Q1 2021, along with an identity management ecosystem, developer incentive program, PoC, and whitepaper for DEX, interoperability and gateway design, smart contract launch, EVM support, OneLedger to Ethereum bridge, and more integrations.
In 2022, OneLedger launched One Pass Plus, a payment gateway engagement, announced farming and staking terms, launched the public testnet, DEX, Moonba launchpad, NFT marketplace, and upgraded OLVM and smart contracts.