Description
LTO Network is a hybrid blockchain platform that integrates businesses and governments into blockchain technology through a scalable and secure Layer 1 network. It combines a public layer for settlement and decentralized value transfer with a permissioned private layer for data sharing and process automation, ensuring GDPR compliance. The platform's key innovation, "Live Contracts," facilitates decentralized workflows, enhancing collaboration without compromising privacy. Utilizing a Leased Proof of Stake (LPoS) consensus mechanism, the network is secured through staking of its native utility token, LTO. Launched in 2019, LTO Network has an approximate current supply of 429,615,982 tokens and is actively traded on 78 markets. Prices have recently ranged from 0.1033 USD to 0.1287 USD, with trading volumes between $1,313,133 and $2,807,889 within 24-hour periods. LTO Network serves as a bridge between traditional and decentralized IT systems, offering identity management, data integrity, and automated decentralized workflows. More information can be found on their official website.
LTO Network is a hybrid blockchain platform that integrates businesses and governments into blockchain technology through a scalable and secure Layer 1 network. It combines a public layer for settlement and decentralized value transfer with a permissioned private layer for data sharing and process automation, ensuring GDPR compliance. The platform's key innovation, "Live Contracts," facilitates decentralized workflows, enhancing collaboration without compromising privacy. Utilizing a Leased Proof of Stake (LPoS) consensus mechanism, the network is secured through staking of its native utility token, LTO. Launched in 2019, LTO Network has an approximate current supply of 429,615,982 tokens and is actively traded on 78 markets. Prices have recently ranged from 0.1033 USD to 0.1287 USD, with trading volumes between $1,313,133 and $2,807,889 within 24-hour periods. LTO Network serves as a bridge between traditional and decentralized IT systems, offering identity management, data integrity, and automated decentralized workflows. More information can be found on their official website.