Cryptocurrency exchange OpenLedger is introducing a new form of partnership called the Decentralised Conglomerate. It will enable companies share profit in an automated way.

The Conglomerate will make it possible for corporations to exchange profit for community support, says Ronny Boesing, OpenLedger founder and CEO of Danish cryptocurrency exchange CCEDK, as quoted in the press release.

The pioneers of the new Conglomerate are BTSR and OBITS token communities. The BitTeaser platform standing behind BTSR is sharing 10 % of its crowdsale funds with the OBITS community. The latter “will in turn reciprocate,” reads the press release. Both communities expect to benefit from each other’s success via the OpenLedger trading platform.

The revolutionary nature of the emerging Conglomerate comes from the lack of third parties, which is a feature integral for blockchain. OpenLedger provides the platform, but it does not retain control: the process will be automated.

“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,” Boesing said.

OBITS is a cryptocurrency token that shares part of all OpenLedger profits with users. The token is one of the main projects introduced by CCEDK, the Danish exchange offering various cryptocurrency solutions. The main feature OBITS emphasises is the opportunities it gives to the ordinary user: investing through this token is simple, and one need not be an expert in cryptocurrencies to profit from it.

BTSR is a digital token for those who are willing to support BitTeaser, the decentralised advertising network. Buying the token provides a share in the profits of the company. The issuer of BTSR is CCEDK as well.

Andrew Levich