The Enterprise Blockchain for Seamless Trust
From Blockchain infrastructure to application, including Product Authentication, Data Traceability, and Decentralized Ledger systems, OneChain® offers end-to-end solutions with unparalleled scalability and applicability in Hong Kong.
WHAT WE DO
With the Internet and blockchain, everything is changed. It’s the future of content. – Michael Caputo
Why OneChain® Consortium Blockchain?
ONECHAIN CONSORTIUM BLOCKCHAIN
Security and Privacy
Stored in permission-based blocks, data is restricted for privacy and security. Permissions are controlled by nodes across industries, building client trust in OneChain.
Scalability pertains to a blockchain’s ability to manage transactions and nodes as they increase. OneChain uses a streamlined governance structure and fewer nodes for consensus, enhancing scalability and speed.
OneChain’s Consortium blockchain is optimized for efficient network usage, handling up to 1,000 transactions per second. This outperforms public blockchains that manage around 2,700 transactions every 10 minutes.
0 Gas Fee & 0 Crypto needed
In OneChain consortium, participants operate validators without gas incentives. Our system uses tokenization, not cryptocurrencies, for corporate ease. This avoids cryptocurrency-related compliance challenges.
OneChain’s network prioritizes sustainability with Proof-of-Authority consensus, minimizing energy consumption by eliminating nonessential data mining and directing energy to routine operations.
Public ledgers allow unrestricted access, making them susceptible to malicious actors who exploit the anonymity for illicit activities.
Public blockchains face scalability issues as they must accommodate all users’ transaction requests, resulting in slower processing times and reduced scalability.
Real-time access demands from numerous participants slow down public blockchain platforms, making them less efficient compared to permissioned blockchain alternatives.
Gas Fee and Cryptocurrencies
Accessing public blockchains often requires gas fees and cryptocurrencies, introducing additional costs and regulatory complexities for enterprises.
High Transaction Cost
The abundance of nodes on public blockchain platforms can lead to higher transaction costs due to slower response times and increased processing requirements.
The decentralized nature of public blockchains, combined with energy-intensive proof-of-work consensus mechanisms, contributes to significant carbon emissions and energy consumption.
Private blockchains are often limited to a single organization or industry, restricting the potential for broader collaboration and interconnectivity with external entities.
Reduced Decentralization & Trust
With a centralized decision-making process and limited authorized nodes, private blockchains may lack the same level of decentralization and trust that public or consortium blockchains offer. This can raise concerns about transparency and potential vulnerabilities.
Privacy & Data Control
Private blockchains offer greater control over data privacy and confidentiality, ensuring sensitive information remains secure within the network.
0 Gas Fee & 0 Crypto needed
Private blockchains do not require gas fees as incentives, and the use of cryptocurrencies is not mandatory, simplifying regulatory processes for enterprises.
With fewer participants, private blockchains can reach consensus faster and process transactions more efficiently, enabling a higher volume of transactions.
Private blockchains use consensus mechanisms that consume less energy, enhancing sustainability and reducing the environmental impact.
Join Our Blockchain Network: Collaborate and Empower the Startup Community
Are you a startup ready to explore the potential of blockchain technology? OneChain invites startups and SMEs to join our thriving blockchain network as nodes, fostering collaboration and empowerment within the startup community. Become a part of our ecosystem and unlock new possibilities. Contact us today to learn more about our call for startup collaboration!