Buy LTO Network (LTO)

What is LTO Network?

LTO Network is a hybrid Layer 1 blockchain that combines public and private layers to facilitate real-world and digital ownership, decentralized identities, and privacy-centric transactions. It focuses on providing secure and efficient Business-to-Business (B2B) solutions, ensuring compliance with regulations like GDPR and MiCA.

How does LTO Network work?

LTO Network operates using a hybrid architecture, which includes both public and private layers to balance transparency and data security. It employs a Leased Proof-of-Stake (LPoS) consensus mechanism, allowing token holders to lease their tokens and participate in network security without running a node. The network supports live contracts for real-time business agreements and multi-cipher encryption for enhanced security.

What are the potential use cases for LTO Network?

LTO Network has diverse potential use cases, including:

• Business-to-Business (B2B) solutions for process automation and data security.
• Decentralized identities and verifiable credential systems.
• Privacy-focused transactions especially suitable for sectors requiring stringent data privacy.
• Real estate management and property ownership verification.
• Tokenization of Real World Assets (RWAs), such as luxury goods and supply chain management, enhancing transparency and trust.

What is the history of LTO Network?

LTO Network originated in 2014 as LegalThings One and rebranded in 2017 when it transitioned to blockchain technology. The founding team includes Rick Schmitz as CEO, Martjin Migchelsen as CFO, and Arnold Daniels as Chief Architect. The network has achieved significant milestones including interoperability advancements, integration with the Cosmos ecosystem, and facilitating over 80 million transactions by its fifth anniversary. It continues to expand its focus on interoperability and asset tokenization.