OpenLedger Start Up Gets Backing From Bitcoin Early Adopter Ronny Boesing

Jan 17, 2018 at 09:12 // News
Boesing backs OpenLedger exchange

OpenLedger’s decentralized exchange has now seen more than 300 million USD worth of cryptocurrencies being traded across its platform. The 2017 cryptocurrency explosion saw OpenLedger accrue an astonishing daily trading volume of 5 million USD. Company founder Ronny Boesing foresees a formidable future in which OpenLedger will offer blockchain-technology solutions.

Ronny firmly believes that OpenLedger has the potential to follow in the footsteps of tech giants, Google, Apple, Facebook or Amazon within the next 5 years. OpenLedger is currently striving towards a possible partnership with both Amazon and Alibaba following their current business plan. The companies target is to create a trustworthy platform.

With the blockchain’s seemingly endless list of applications, openledger is aiming to utilize blockchain technology as part of a long-term investment strategy. Aiming to provide the technology to offer tool-kits for entrepreneurs.

Ronny's independent GetGame platform aims to encapsulate all industries within a single platform, offering a unique and expansive selection of tool-kits for entrepreneurs and startups. The goal is to offer an all-inclusive incubator platform upon which all users will be able to send multiple digital currencies to a decentralized account with an advanced marketplace with options to take loans supported by collateral.

OpenLedger Gives User Control Over Their Crypto

With OpenLedger, the user has exclusive control over their money, rather than the exchange, when trading between currencies. On a number of different decentralized exchanges, it is the exchange that usually has access to all the currencies and some exchanges have used that power in the past to shut down a users account. Thus, the responsibility and control of the activities inside this account are in the hands of the user.

OpenLedger exchange is now live, and is currently operating on Bitshares Blockchain MIT Graphene Toolkit Technology. Users on the exchange do not need to use their own computers to store these virtual currencies, they can simply have all currencies converted to the currency Bitshares (BTS) or stable coins like bitUSD or bitCNY.Additionally users are the only people who can make changes to their funds within the platform, as a decentralized exchange cannot change the ledger, or the registry, which is recording and tracking all of the user's virtual assets.

OpenLedger exchange have created their own virtual currency, OBITS, on the Bitshare blockchain just over 2 years ago. This Currency is both a token, reward and a voucher that can be used to pay for certain services and products, access platforms, or be held as passive income.

OpenLedger recently began supporting Karma, a worldwide cross-border p2p loans ecosystem. As of January 11th, as one of two exchanges, they have officially listed their token for trading. Markets are open for trading on OpenLedger in BTC or any of the other currencies listed on the platform, such as; EOS, DASH, ETH, DOGE, OBITS, STEEM, bitCNY, bitUSD or BTS.

Instructions to deposit and withdraw Karma tokens on OpenLedger can be found here.

For more information about OpenLedger:


Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.

Show comments(0 comments)