OpenLedger Wants to Reach the World through Blockchain
According to co-founder of OpenLedger, Ronny Boesing, the future will offer abundant opportunities through blockchain-technology. - The potential is enormous, and we as a Danish company are at the forefront in the development of solutions that can be used across many industries.Blockchain is probably best known as the technology behind Bitcoin and other cryptocurrencies. The technology makes it possible to transfer information directly between people in a very secure way. This is also where the future opportunities of the technology is found, Ronny Boesing confirms, co-founder of OpenLedger, which started as a decentralized exchange for cryptocurrencies like Bitcoin. - When I founded OpenLedger it was with a vision to build something sustainable that people across the world could use. To reach the people that banks do not reach, so that they get the opportunity to create economic security for themselves. This is possible through blockchain, which is for instance used for crowdfunding of small and big projects alike, says Ronny Boesing, and continues; - You have to remember that blockchain and Bitcoin was developed as a reaction to what happened in 2008, where the banks had lied to their customers, which created a bubble that burst, which resulted in the financial crisis. The majority of those who are attacking this technology and cryptocurrencies come from the bank-industry, which were those who caused the financial crisis, Ronny Boesing underlines.
Designed for extreme securityBlockchain has built-in security by design. This gives the opportunity to register events, medical history, and other sensitive information, including personal identity, transactions, and documentation, in a secure way. - We want to make scalable solutions based on the blockchain-technology, which can be of benefit for everyone, regardless if they are private individuals, companies, governments or NGOs, he says. You can put all kinds of data into a blockchain. Deeds or other documents, which is not supposed to be tampered with. Blockchain can be used for contracts between two parties, where funds are only released when the contract has been honored and fulfilled. - OpenLedger offers BaaS - Blockchain-as-a-Service - and it can be used in many industries, for instance in the area of healthcare in regards to the securing information about patients, or when you have to vote in an election, because you cannot manipulate with blockchain, he says.