Since the idea and innovation of the blockchain technology in 2009 when it went live, so many projects and companies have tried to key into what the technology has to offer their products as well as the global world at large. Blockchain Technology has over time been applied in the financial sector such as Bank Industry, Stock Exchange as well as Data Industry, to mention but a few, all with intent to provide security features to users/investors assets and anonymousity.
The birth of Ethereum Blockchain ushers in Live Smart Contracts to the industry, which aid processing of transactions within few seconds automatically thereby eradicating the issue of intermediaries and profound long time consumption in process simple.transactions. Aside this, Live Smart Contracts has also helped investors to seal contracts with companies or individual which had been program to proceed with the deal as long as some certain conditions are met within the stipulated timeframe. Thus, Smart Contract has helped to remove Centralised system of operation within the ecosystem, which gives companies as well as investors comfortability to proceed with transactions at will.
LTO Network is one distinct and unque project that has decided to use Live Smart Contract on her ecosystem.
THE LTO NETWORK
LTO Network is a blockchain based ecosystem that is built to create decentralized applications as well as retaining Data Privacy of all users and GDPR compliancacy.
LTO Network isn't just an idea or thought but has been in operation since 2014, serving customers from various platforms. LTO Network has been focused on global decentralised workflow applications for private and government businesses as well as I projects.
THE DISTINCT FEATURES OF LTO NETWORK
- Hybrid Blockchain
For entities to interact on levelled ground utilizing transparency, efficiency and automatically generated means via Live Contract, LTO Network integrates a Hybrid Blockchain. Hybrid Blockchain will work as a distributed workflows to ensure that GDPR and B2B Blockchain are compliant within the ecosystem. - Effective And Maximum Security
To give users comfortability using the platform, LTO Network integrates a verification (KYC - Know Your Client) process that would ensure users are easily identified by others to boost level of communication as well as provide trusts and effectiveness within the ecosystem. Such users now have full access to the various opportunitues available in the LTO Network - Automated Ranking
With the help of Blockchain Technology and Live Contracts available within Ethereum Blockchain, LTO Network can easily rank participants based on their activities within the ecosystem via decentrealized B2B workflows. - Application Layer And Platform Interface
The application layer manages all activities within the ecosystem that is triggered by events as scheduled in the roadmap.
The Platform Interface is built such that newbies without prior knowledge can utilize the platform effectively. This is enough to bring in more users to the platform, which is definitely advantageous for LTO Network in expanding her community base and building better product.
PROJECT USEFUL LINKS:
Website: https://lto.network
Whitepaper: https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf
Medium: https://medium.com/ltonetwork
Twitter: https://twitter.com/ltonetwork
Telegram: https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=1983730
Bitcointalk Username: Sandus_Cryptolover
LTO username: Phlaser