Reading: OpenLedger Creates First ‘Decentralized Conglomerate’


OpenLedger Creates First ‘Decentralized Conglomerate’

Bitcoin PR Buzz | Mar 16, 2016 | 18:00

OpenLedger Altcoins

OpenLedger Creates First ‘Decentralized Conglomerate’

Bitcoin PR Buzz | Mar 16, 2016 | 18:00


OpenLedger has announced “the world’s first Decentralized Conglomerate,” based on BitShares “Bitcoin 3.0” technology. This “conglomerate” allow organizations to invest in each other and share profits in a “fully decentralized manner.”

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OpenLedger’s ‘Decentralized Conglomerate’

OpenLedgerThe announcement of this launch follows news of BitShares officially going live on the Microsoft Azure Blockchain as a Service platform. The conglomerate is a project from the OpenLedger decentralized cryptocurrency exchanged. OpenLedger is based on the BitShares 2.0 platform, which runs on the MIT-licensed Graphene blockchain technology.

OpenLedger’s Decentralized Conglomerate uses a “fully open source code base,” which the platform says will enable “multiple organizations to join forces and invest in each other’s success.”

OpenLedger founder and CCEDK CEO Ronny Boesing commented on this new plaftorm to press:

“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.”

“By entering into a Decentralized Conglomerate means the co-ordination takes place within an automated system,” Boesing said. “The OpenLedger team has created the universal shared platform on which organizations can enter agreements to share their profits in exchange for community support.”

OpenLedger reports that the first successful partnership on the Decentralized Conglomerate is one between BTSR and OBITS. The  BTSR token represents an ownership of the portion of revenues generated by Bitteaser, a blockchain-based advertising network. OBITS tokens allows holders to share a portion of OpenLedger’s profits.

Open Ledger reports that 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.

To get started on OpenLedger and to view the tutorial video please go to:

To learn more about OpenLedger please go to:

To learn more about the BTSR token please go to:

To learn more about OBITS please go to:

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