Review on OneLedger by Robiul Islam
I like the short term potential of the ICO but are neutral about its long term…
I like the short term potential of the ICO but are neutral about its long term potential. The idea, token metrics, and market awareness are above average. Fifteen million for a strong base project is considered fairly low in the current market condition. This project is highly technical, without a functioning MVP that is available to the public, it is difficult to gauge the progress and quality of the development. Thus, it is hard to see whether OneLedger will be able to achieve their goals and succeed among the increasingly fierce competition.
Updated 5 years ago
Rating has not been changed
OneLedger & Shyft Network have joined forces & there’s huge expectations for this budding partnership. Aly Kassam, Product Manager of OneLedger said, “Integrating with a Blockchain like Shyft Networks will help OneLedger with Identity management use cases. By leveraging OneLedger’s interoperability offering to access Shyft Networks’ attestations we will be able to provide businesses with identity verification within their private Blockchain systems. These use cases are prominent for the Health Care and Financial Services industries.”
Pros
- •The idea is aspirant, good thoughts and is much needed to address the challenges surrounding the scalability and inter connectivity problem facing blockchains. •It focuses on delivering a entrance to centralized enterprises while competitors such as Cosmos and AION are more for the general audience. This allows to better cater to the target users needs. The total addressable market would be smaller than the competitors but the chance to succeed is also increased. •The team members and advisors are comprised of a good mix of technical and business-minded people. We believe the project should not have a difficult time finding enterprises to adopt its solutions.
Cons
- •The team has developed an MVP but it is not obtainable to the public. Therefore, it is hard to analyze the quality of the MVP. •Interoperability is a hot topic and there are a lot of competing blockchain projects aiming to solve the problem. The increasingly crowded space would make it more difficult for this project to stand out.
