Today, almost all launched blockchain projects are trying to create a service that would perform the functions of payment systems, but using smart counterattacks. In general, nothing new and really necessary is offered, except how to transfer transactions there again for the sake of speculative interest. Moreover, all these unique developments will be useless until the problems with scaling are solved and transactions in free scales become possible.
The blockchain technology can be used to solve other important issues, such as in the health care system, freight, taxes, and so on. Already, companies need convenient and easy-to-use tools for automating processes, which now take a lot of time, and the paperwork with various bureaucratic wires has gotten them all. Today we consider the LTO Network project, which allows you to automate many processes, minimize costs and eradicate fraud. Such results were achieved thanks to the unique solutions of developers who took all the best from private and public blockchains and created a successful symbiosis that opens up new possibilities of reliability and confidentiality, while maintaining almost infinite scaling ability.
The company is not new and has been successfully developing in the field of software since 2014. Specialized in digitizing management tools. In 2016, the company migrated to the blockchain technology sphere. Over the years of market research, the team has reached a new level and today provides its numerous clients with convenient tools for automated management of all possible business processes.
The main idea of
the project is to ensure the smooth operation of business processes between all market participants without any bureaucratic nuances.
I would like to immediately note that the LTO Network is already working. The company has already concluded a number of transactions with large world-renowned real estate and insurance corporations, who are satisfied with the functionality and use the LTO Network ecosystem to ensure transparency and minimize costs when reporting. Some companies began to use the LTO test network in their work in the fall of 2018, which at that time was successfully coping with all the tasks.
To date, the LTO Network has already launched mainnet and provided convenient tools for automating decentralized workflows. Absolutely any company can use these tools; they are universal and synchronized with any new or long-established business.
LTO Network is a technology that will not leave chances of corruption, bureaucracy and various kinds of fraud. This platform solution allows absolutely everyone to interact with each other on equal terms thanks to automatic processes that cannot be falsified or forged.
Thanks to the LTO Network ecosystem, competing or little trusting companies will be able to interact with each other with complete confidence in the integrity of both parties without the certification of a notary or lawyer. All this was made possible thanks to live-contracts. This is almost the same as smart contracts, but in addition to defining the state, they can also give instructions on the processes involved.
Simply put, live contracts are workflows that need to be done to complete a task. Without the implementation of the entire chain of processes, the final result will not be achieved, that is, the transaction will not be completed. Simply put, these are templates that need to be followed closely, for example, when buying a car, in order for this car to belong to you, people have to go through a lot of authorities, stand in queues and sign a bunch of papers, spend a lot of time and money on unnecessary intermediaries, and thanks to Live-contracts the whole procedure would take only a couple of seconds. And this is happening today absolutely everywhere. So, if sometime this article is read by someone other than the verifying manager, please support this project in any way possible, otherwise this mess will never end: D
There is a mainnet, MVP, there is a team of highly qualified professionals with years of experience and solid partners. The parent company has established itself as a reliable service provider, has many customers around the world and sensible products that people need. The idea of
the project and convenient tools for implementing the blockchain technology will make your business understandable even to people far from cryptocurrency topics. All developments can look at the project github. In general, the project is really engaged in business, and not just promoted at conferences, on social networks and rating sites for creating visibility and hype. Such technological projects will be able to survive a long bearish trend without serious losses. For those who are interested in this project you can follow the link below .
