LTO is the native ERC-20 token of the LTO Network, a hybrid blockchain for integrating business applications and decentralised workflows. LTO aims to improve the efficiency, transparency, and security of business transactions through their live contract support and by providing a bridge between public and private blockchains. As a result, businesses can publish verifiable credentials, protect data through immutable timestamps, and monitor transactions on supply chains.
LTO tokens can be used for a variety of network purposes. For example, clients can use it to pay for live contract transactions, partners can use it to power the network and receive rewards, and passive users can stake the token to confirm transactions and receive rewards.