Place/Date: Blokhus, Denmark - March 16th, 2016 at 6:33 am UTC · 3 min read
The OpenLedger team has announced the launch of the world’s first Decentralized Conglomerate, as news of the BitShares platform going live on the Microsoft Azure Blockchain as a Service (BaaS) was recently confirmed.
OpenLedger is a decentralized cryptocurrency exchange based on BitShares 2.0 MIT- licensed Graphene blockchain technology. The utilization of fully open source code base now enables multiple organizations to join forces and invest in each other’s success through Openledger’s Decentralized Conglomerate. Anyone is welcome to join and participate, and the entire decentralized network reaps the benefits of cross-promotion.
Ronny Boesing, OpenLedger founder and CEO of Danish cryptocurrency exchange CCEDK says:
“A universal shared platform allows organizations to have a common interest in the platform itself, without the platform imposing any control on the organizations that join. This allows individual brand identities to flourish without having to compromise for the larger decentralized conglomerate. In addition, the universal platform creates an ecosystem in which organizations can directly invest in each other.”
The world’s first Decentralized Conglomerate offers a number of benefits to users:
“By entering into a Decentralized Conglomerate means the co-ordination takes place within an automated system. The OpenLedger team has created the universal shared platform on which organizations can enter agreements to share their profits in exchange for community support.”
The first successful project is a partnership between the BTSR token, which shares a portion of all blockchain based advertising network Bitteaser’s generated revenues with users, and OBITS, a token that shares a portion of all OpenLedger profits with users.
The BitTeaser platform is currently wrapping up its crowdsale and 10% of the funds will be shared with the OBITS community, and they will in turn reciprocate.
Anyone can open an account on OpenLedger and purchase these tokens on the decentralized exchange. For a tutorial video on how to get started on the OpenLedger platform please click here.
Boesing at CCEDK says the Decentralized Conglomerate model is:
“Superior to the current paradigm and streamlines the operations of Enterprise-scale organizations.”
OpenLedger’s Bitcoin 3.0 technology based on Bitshares and capable of scaling to NASDAQ processing speeds, is enabling new and emergent ways of conducting business, raising funds, and distributing profits in a fully decentralized and accountable manner.
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