The OpenLedger team has announced its Global Enterprise 3.0 program alongside the news of the BitShares platform going live on the Microsoft Azure Blockchain as a Service (BaaS). The OpenLedger team has created a universal shared application called “Decentralized Conglomerate,” which will allow multiple organizations to invest with each other and cross-promote their services.
The OpenLedger team explains:
“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.”
BitShares and OpenLedger Launch Decentralized Conglomerate & Microsoft Azure Template
The Decentralized Conglomerate is a universal shared program that allows groups to solidify common interests. The organization believes this can enable shared success between groups of innovators with coordination that takes place within the service’s automated system.
OpenLedger says the first communities that will participate in the shared agreement process will be between the BitTeaser and OBITS communities. 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. OpenLedger believes this will allow both groups to benefit and the platform will help streamline enterprise scale operations.
The BitShares platform has also been added to the growing list of blockchain companies involved with Microsoft’s Azure. BitShares added its Ubuntu 15.10 template on top of the Azure BaaS system, and it delivers the network to a virtual machine within 15 minutes. BitShares says, “everything you need to get started using the BitShares blockchain from the command line is included.”
In the last few weeks, the service has made its presence known on the Azure cloud by offering “’Fee Backed Assets’ that offers Private Transfers.” BitShares claims its decentralized financial platform has speeds approaching Nasdaq trading.
Users experimenting with the BaaS platform will be able to build from source or choose a community provided Personal Package Archive (PPA). The team explains the process once installed, “after installation the ‘witnes_node’ will begin syncing the public blockchain. You may then connect via SSH to the VM and launch the ‘cli-wallet’ to interface with the blockchain.”
OpenLedger and BitShares feel their blockchain-based projects will revolutionize finance and trading and now considers itself a 3.0 technology. The new Decentralized Conglomerate associations will create more success for the connected platforms overall and will bring the teams infrastructure to new levels. The 3.0 project is proud to be a member of the Azure research and development program as well and looks forward to future innovation from these trials and studies.
What do you think about BitShares and OpenLedger’s announcement? Let us know in the comments below!
Images courtesy of BitShares and OpenLedger websites, and the Microsoft Azure website