LTO Network (LTO) News, Price Predictions, Opinions and Analyses Created by Users

LTO Network (LTO)

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LTO Network (LTO) is a blockchain based platform primarily intended for businesses. Founded by Rick Schmitz and Arnold Daniels in 2014, the platform is a “hybrid blockchain built for businesses” that enables businesses to reliably build applications and leverage the strengths of blockchain technology. 

The network is something of a Blockchain-as-a-Service (BaaS) platform for businesses. Such platforms focus on making blockchain integration and end-to-end decentralized operations a reality for existing businesses - without requiring a heavy investment in manpower or funds. These platforms are especially for small and medium businesses, who lack the resources of larger companies.

The team emphasizes the various policies of the platform that make it ideal for business application. First, services are GDPR compliant. Second, it has a focus on accommodating existing systems - its Live Contracts contain both on and off-chain instructions.

LTO Network has two major products: Proof Engine and Workflow Engine. The former is easily integrated into IT infrastructure via an API and secures digital data against fraud, while the latter allows for the creation of tamper-proof, trustless and automated workflows through the aforementioned Live Contracts feature. Live Contracts are simply smart contracts that contain instructions for both humans and machines.

Being in development for quite a few years, LTO has already released its platform on the mainnet. Q1 and Q2 2019. The rest of 2019, and early 2020, will see the development of 5 major pillars of the LTO ecosystem: a marketplace, end user applications, research, funding and recruitment. Other major milestones include the release of a new LTO product, the Proof-of-Importance upgrade and technical documentation.

Collaboration made easy: LTO Network ("LTO")

17 Jan 2021 3 minute read 1 comment Orageux101

What is LTO Network? LTO Network ("LTO") is currently listed at £0.1412 with a total market cap of £38,759,865 (the result of a circulating supply of 272,991,199 which is 68% of the maximum supply). LTO is a hybrid blockchain platform with business-t...

LTO Network Explained

4 Dec 2020 1 minute read 1 comment Turtle_Girl

LTO Network is a Hybrid blockchain known to provide services to Business Enterprise Organizations. Some of the services ranging from providing Business Identification to peer to peer data exchange. LTO Network Specifications LTO Network Consensus a...

How important is the partnership between the United Nations and LTO Network?

4 Dec 2020 2 minute read 0 comments TMod_Marco

Two days ago was THE day. The UN and LTO Network shared the big news of their collaboration: the release of the world’s first open-source land registry. This is the largest project ever announced by LTO Network so far and will start this month in Ce...

LTO Netowrk Interview with Rick Schmitz by Alexandre Raffin FROM GAINS Associates

6 Nov 2020 1 minute read 0 comments GAINS Associates

🚨GAINS Interview with LTO Network CEO, Rick Schmitz LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information. It is focused on real-world decentralized workflow applications for enterprises, governments...

LTO Network (LTO) Forming Bullish Shark And Ready For Upto 24% Move

6 Mar 2020 1 minute read 1 comment moon333

Hi fox hope you are well, on 1 hour chart LTO Network (LTO) is forming harmonic pattern and this time it is bullish Shark. All legs are formed now the priceline is forming final leg. The Pattern:Lest’s dig the pattern deeper to see how perfect this p...

PoolTogether - a no-loss lottery on Ethereum network

29 Aug 2019 1 minute read 1 comment Arvydas77

  What is PoolTogether? PoolTogether is based on the concept of a “No Loss Lottery”. You join a pool by buying a “savings ticket”, each savings ticket gives you a chance to win a prize, but even if you don’t win, you still get all your money back!...

Latest LTO Updates by an Impressive Team

1 Aug 2019 1 minute read 0 comments CryptoFallen

One of my favorite projects recently that I've gotten to know pretty well is the LTO Network, recently they have released a few updates which have been more than impressive, LTO is a diamond in the rough with a real working product, looking forward t...

LTO Network - Hybrid blockchain built for business

26 Apr 2019 6 minute read 0 comments nuxxorcoin

    INTRODUCTION We're celebrating the 10th year of Blockchain technology. During that time, we had a lot of experience. The market is slowly starting to fix itself. One of the biggest reasons for this is the increase in confidence in the market. Th...

LTO Leasing Guide, Pool your LTO with LTO-Lease to earn higher staking rewards through Telegram!

17 Apr 2019 1 minute read 0 comments CryptoFallen

LTO Wallet What is LTO Network? The adventure began in 2014 for LTO Network and many customers are now part of the story. Most blockchain projects are related to financial transactions (maybe too much) using smart contracts. As a result, this le...