How Blockchain Can Provide Solutions For The Corporations: A Case Of LTO NetworksteemCreated with Sketch.

in bitcoin •  4 months ago

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The creation of the internet has changed the pattern in which enterprises interact with one another.

Through advancement in technology, several softwares have also been created to improve and ease the interactions while making it possible to measure the level of success of each transaction or interaction. A huge number of existing softwares are designed based on the current value-additives offered by the internet. As the most disruptive tech creation of this century, Blockchain technology can steer the huge SaaS industry forward to a new era where the main focus is not only on the success of an interaction, but also on the security and the efficiency. One of the first pioneers to truly harness the benefits of blockchain technology to provide real utility for enterprise and business interactions is LTO network.

LTO Network is an hybrid blockchain platform that aims to create protocols that can integrate well with every transactions/interactions of any company or business enterprise. The project is building a platform that is cored on easing collaborations and supply chain interactions between multiple businesses through blockchain technology. LTO Network blockchain ecosystem will eliminate the ''silo effect'' that hinder inter-enterprise collaborations and also interrupt the efficiency of automation solutions utilised by organisations.

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The hybrid blockchain ecosystem developed by LTO Network will allow business-to-business (B2B) relations among organisations and improve on the data security of business services. Most of these features are offered by existing ventures, but LTO Network will be the first project to combine all these features in a single platform. What distinguishes LTO Network as SaaS of the blockchain era is its combination of blockchain-provided services.

LTO Network Will Become Model SaaS for the Blockchain Era

Enterprises are starting to identify the potentials of blockchain technology. Although the adoption of the technology was rather slow in the beginning, the level of awareness of the undeniable benefits of the technology has swelled lately. As a result, adoption rates have increased exponentially – big organisations have started to create departments with patents and making collaborations with top blockchains. Blockchain technology is making its way swiftly into the frameworks of major businesses.

LTO Network is going to be the pioneer — a pacesetter that creates an ecosystem that integrates all the various existing SaaS services, together with others that will be required as more enterprises adopt blockchain-powered services.

An Optimised Ecosystem That Secures Enterprise Data

LTO Network understands that massive amount of data is circulated through the interactions of companies. The huge data is provided by the softwares, the customers and company partners. LTO Network will utilise a heavy flow of data, - hence the team behind this development is taking a visionary approach to ensuring the maximum security of data.

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Security is one of the many advantages of blockchain technology. LTO Network is developing a public chain so that enterprises are able to exert full control over the work flow. In order to maintain the privacy and security of the system, the interactions will be executed through the native LTO currency—a tokenized data container.

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LTO Network ecosystem serves as a resource that will not only offer services that will ease in utilisation of the developments of the blockchain, but also ensures that the privacy and efficiency of data/work flow attains a new height of security.

Essential LTO Network Community Links

Web: https://lto.network
Whitepaper: https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf
Telegram: https://t.me/LTOnetwork
Twitter: https://twitter.com/ltonetwork

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Hi @kryptarion, i got invited to see your post from my friend @crypto.piotr and i agree with him you are valuable writer.
I would like to invite you to join in @steem-bounty, where you will find a very nice friends and with comments you can get some rewards and if you join vote club, you will be able to get upvotes and better visibility :))

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Hi @intellihandling

Im slowly also trying to promote steem-bounty as this is such a great way to benefit curators and those who actually take time to read and comment.

Cheers
Piotr

Hi @kryptarion, i come hete through @crypto.piotr message and i upvote and resteem your post.
LTO seems great, i enjoy the heavy traffic feature.
Good and clear post, i follow you.
Continue with the great work.

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Dear @reinaldoverdu

what means "hete"? :P

Great to see that you're still around buddy
Piotr

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Is here . misspelled. Sorry for that but my phone has a tiny screen and is dificult write.

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Thank you @reinaldoverdu. I'm glad u like my post. I'm following you now 👍

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Hi @kryptarion.

I got invited to see your post from my friend @crypto.piotr

Ok, what I can say is that many companies are lowering their gaze to this technology and I am very sure that they know the future of profit that awaits them.

Dear @kryptarion

thank you for directing me towards your latest post.

ps.
I would gladly help you get some exposure with this post if you want me to.

Every week Im trying to support 2-3 quality posts published by valuable authors and I will be happy to help.

I can bring some traffic already to this post, but I would need to ask you to help me little bit with task of promoting it:

  1. you will reply to every comment?

  2. could you open accounts of those few people, who dropped interesting comment at your post? And then would show your own support by dropping some unique and valuable comment? Idea behind it is simple: I want to help people who will engage with their audience.

  3. consider setting up steem-bounty worth of 5 STEEM (this will bring some extra traffic plus will provide commentators with some extra reward).

I need to ensure that you will give back to community and show your support to others as well. 3rd point is not a MUST, but first two really is.

Let le know what do you think.

Yours
Piotr

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Of course yes Piotr. I am very glad for your offer. And I appreciate that you think highly of my contribution to the steemit community. For now I can comply with No 1-2. Sadly I can't do No. 3 cos I'm really low on STEEM.

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Dear @kryptarion

If you like I can delegate 40 SP to you until end of feb 2019 (I delegated over 3500 SP to group of people until that time and I will be happy to help more).

This way you will have more resource credits to reply to all comments.

What do you say?

ps.
I'm also supporting @reverseacid so perhaps you could visit his profile as well and see if you would find his content interesting. He is also very responsive, supportive and passionate about blockchain and crypto :)

Yours
Piotr

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@crypto.piotr i received your memo, and hence I'm here and am glad to see you're still finding good channels to spread delegations to. Using only partiko as a front end I'm choosing to reply here while also showing support to @kryptarion whose post I found interesting and informative, though a bit over my head. I welcome that though as edification in the realm of crypto and tech is why I've stuck around on the blockchain.

I've been a bit preoccupied with life outside of steem but have been staying in the loop which regrettably has brought my many issues with a lack of leadership and the centralised nature of this ecosystem to the forefront over the last week. I see this as progress though and it's seemed to galvanize or inspire the witnesses and other active community leaders in pursuit of correcting the course we are on. Is anyone here familiar with meta and the tau project? I've run into some promising extensions or evolutions of this steem experiment and found I was not alone in my awareness that there must be a better way to build the vision of a blockchain that's driven by innovation and the principles of transparency, accountability, and immutability.

Anyway, welcome to the party and I'll do my best to support anyone that shows initiative to evolve this community into a platform where it's not all about numbers, politics, and drama..

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Dear @skramatters

hence I'm here and am glad to see you're still finding good channels to spread delegations to

Doing my best :)

I've been a bit preoccupied with life outside of steem but have been staying in the loop which regrettably has brought my many issues with a lack of leadership

I know what do you mean. It's a bit frustrating.

Is anyone here familiar with meta and the tau project?

NEver heard of.

Thx again for your comment. Piotr

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I will be glad if you do so, it will help me to respond more to the lovely ppl that are showing support here through ur kind invite. I'm happy for the help Ure giving me so far @crypto.piotr

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Thx for your comment @kryptarion

I already delegated 40SP to you :)

Would you mind helping me to support @reverseacid and his latest publication?

https://steemit.com/cryptocurrency/@reverseacid/the-battle-of-our-times-pow-vs-pos

Yours
Piotr

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Yes I saw it. Thanks👍

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Here @kryptarion.

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Thanks for reccomending this lecture, I'm learning a lot🤓

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Great post, really interesting idea. I'm definitely going to look into LTO Network more!

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Thank you. LTO Network is really a big deal. They are in the last phase of tokensale.

@crypto.piotr advise me to check out your account

And I found that article is helpful

So I decided to Upvote and Resteem this good article.
And now I'm Following you

Good Job 👍

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Thanks. I'm glad u like the post. I'm following you now. 😃

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Hello @kryptarion
I am here at the suggestion of @crypto.piotr
I must say this post is most educational, though it forced me to look up some of the terms you used to see what the heck they mean :)

If I might offer a polite suggestion, it would perhaps be good to explain acronyms such as SaaS when you first use them. Not everyone is knowledgeable about these things. A bit of searching led me to this page -
https://apprenda.com/library/paas/iaas-paas-saas-explained-compared/
which offers a good clear explanation.

Keep up the good work!

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Yes, that's a good suggestion.

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Thank you, I'm glad that you like the post — and again for the suggestions. SaaS means (software as a service). I will explain such acronyms in my next post 👍

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Hello dear, I want you to know that I am here at the suggestion of my good friend @crycto.piotr, who suggested the support to this account.

Companies are beginning to identify the potentials of blockchain technology. Although the adoption of technology was quite slow at the beginning, the level of awareness of the undeniable benefits of technology has increased recently.

Undoubtedly this technology is gaining more and more confidence in all areas, in the business as personal for all the advantages it represents, not in vain is said that this technology is "the future."

The Blockchain technology is rapidly making its way into the frameworks of the main companies.

More and more companies, consortiums and investors involved in projects that have their foundation in the Blockchain, and this will bring much more confidence and benefits to people involved in this technology.

So, I differ from those who say that the blockchain or the coins based on it are a bubble that is deflated at any time, I think this will grow more and more and strengthen.

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Thank you @fucho80. Surely blockchain technology has many benefits and the adoption rate so far shows it. But of course the technology can still be leveraged by more use cases. LTO is one of the many to utilize it to create an hybrid ecosystem.

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Just like any other protocol in the blockchain space. There should be a working application already in place, either in public or private beta phase.

In due time, as the platform have matured enough and to be ready for wider testing and usage.

For the mean time keep us posted on the developments.

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I will make sure to keep the community posted of any further milestones checked by the project. Thanks @guruvaj

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Welcome @kryptarion

Hi @kryptarion. Found you through @crypto.piotr. It's great to see how @crypto.piotr issue helping new people. This inspires. He is really dedicated to Steem. I'm following you now...

Coming to your post, I first came across Steem then I knew what was block chain technology. I started appreciating the potential of Blockchain later.

Great to read your post. LTO network based on Blockchain technology is a great example of such application.

Thanks

@questionthetrend

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Thank you

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Hi, @kryptarion ! Your post is very interesting. LTO Network ecosystem looks like a future in present time.
I do not know many things about the blockchain, it is not my area of knowledge, but at present it is necessary that we all have at least idea of how it works.
I thought it was very interesting, the break with the silo effect, because that gives the blockchain more versatility.
I thank you for this publication that allowed me to access an unknown topic for me and I thank @ crypto.piotr for having recommended me to visit your blog.
I will follow you

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Thank you @milg, I'm glad you like the post. Truly blockchain has the potential to improve every industry massively. Yes @crypto.piotr is a great person for choosing to support quality content by good contributors on STEEM.

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I hope to continue reading and learning with your publications

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Thank you for sharing your thought @mllg :)

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@crypto.piotr. Always welcome
So far I have enjoyed the reading recommendations that you have sent me.

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Im soooo glad to hear that from you @mllg :)

Appreciate. You put a huge smile on my face. I like to know that my efforts are not going to waste :)

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You're very nice and special person.
Have a nice day

Hello @kryptarion. I believe @crypto.piotr took up the initiative of helping the both of us gain exposure in the community. And I think you won’t mind if I take the liberty to thank him from both our sides.

About the post, I see you keep mentioning LTO as an advancement in the SaaS sector and how it could provide valuable business solutions. Would it be too much to ask if you provide some usecase scenarios or even a real life application for better grasping the model.
Much thanks and hope to see more of those valuable posts coming. Cheers.

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Many enterprises have a working automation Software As A Service(SaaS) solutions that work well with their frameworks but usually experience challenges maintaining efficiency when they want to partner or collaborate with other companies. This and many more problems is what LTO plans to solve

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Dear @kryptarion, @reverseacid

I believe @crypto.piotr took up the initiative of helping the both of us gain exposure in the community. And I think you won’t mind if I take the liberty to thank him from both our sides.

It's a real pleasure to support people as interesting and valuable as you are guys :)

Thank you for dropping by and sharing your thoughts. Please check your memo wallet at least once a week. Im trying to promote weekly 1-2 posts created by writers I respect and I would love to have your support from time to time :)

Cheers
Piotr

LTOs might be the replacement for icos we have been waiting for or even better and as @crypto.piotr informed your are a great writer , upvoted and resteemed

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I went straight to read the white paper, and my little brain is telling me they're up to something. It's the first time I'll be reading a white paper, I haven't even read Steem's white paper.

It's very informative, and helps in understanding some deeper crypto concepts, I should be doing more white paper reading.

Thanks for the effort in putting this together @kryptarion.

Thanks @crypto.piotr for the invite.

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Dear @naijauser

I haven't even read Steem's white paper.

neither did I.

I wonder why did you decide to read this particular whitepaper?

Cheers, Piotr

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No particular reason. I just followed my instincts.

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Yes, the project is well structured. In fact they've finished ICO and reached Hardcap — that is rather a big deal considering the current state of the crypto market.

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@crypto.piotr directed me here- thanks to him.

LTO - something new in the hybrid blockchain. Interesting post and positive enough that I went to the website even though I don't run a big business.

Keep Steemin!

Hey kryptarion, thanks for the information. I checked out their site and I think LTO is an interesting project. It definitely will have benefits for project managers and program managers in large and small operations. Very cool.

It sounds really interesting @kryptarion

The launch of their main product, the Live Contracts with the unique features, and the hybrid blockchain that guarantees immutability, privacy, scalability, and regulatory compliance has the potential to foster a lot of adoption from previously untapped areas of B2B and shift the focus of many traditional institutions towards a friendlier attitude regarding blockchain.

Tokens with incentives for participants to actively participate in the various processes of the network.

LTO strong point resides with the fact that it is an already mature company which has been built over the foundations of LegalThings and FIRM24, companies that have expanded gradually and have acquired a sizable market share in the legal software and notary system industries.

It could be expand to different sectors and industries as a strategy into the blockchain.

We need many different solutions about data handling and security, effectiveness...

If they have all this, then they will be able to retain a significant market share and quickly gain even more followers. Or what do you think @crypto.piotr ....?

To finish ....!!! Welcome LTO ....

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One of the best comments I've read today @edgarare1

Your knowledge is blowing my mind. Would you mind sharing with me what do you do for living? Just curious.

anything related to blockchain?

Or what do you think @crypto.piotr ....?

Seriously I've no idea. I never heard about LTO until yesterday lol :)

Yours
Piotr

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Hello @crypto.piotr

I'm just a simple bank employee

Nothing related to Blockchain, Only the little I've read since I started to know a bit of the blockchain world.

What LTO offers can be beneficial for the blockchain system as well as STO and together they can reach the top.

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Wow @edgarare1. U are really knowledgeable — especially about LTO. I thought I was bringing Smtn completely novel to the Steemians

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Hello @kryptarion , Well, I just have only read a bit, and this information that you have just explained to us is very interesting and of course it is new.

We need to know a lot of information about topics that can help the blockchain system in the future for the benefit of all.

Thank you so much...!!

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this information that you have just explained to us is very interesting

Thank you @edgarare1.

We need to know a lot of information about topics that can help the blockchain system in the future for the benefit of all.

That is what I do. I write reviews and articles about blockchain and cryptocurrency and how these technologies and many more can influence the lives of everyone. I hope you'll visit my blog often to see more posts.

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thanks a lot @kryptarion

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You are welcome @edgarare1. It's good to meet ppl like you on this community. You can check my blog for more reviews and posts like this one. I write amazing articles about blockchain and cryptocurrency. You can also recommend to other good friends if you like any of them. 👍

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thanks a lot @kryptarion I will do that for sure ...!!

[email protected] interesting article I just recently got acquainted with the LCO concept thanks to @crypto.piotr and in my view it can be a game changer with trust of the community for the creators when they see a company that has actual exposure backing a cryptocurrency

Hi @kryptarion I got invitation from my dear friend @crypto.piotr so I have gone through the post and its looking good based on the details you provided. I liked the concept that along with transactions it will also take care of privacy and efficiency of the data. I have followed you and will read your future posts. Thanks

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Thank you for ur support @alokkumar121

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Congratulations @kryptarion! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 50 comments. Your next target is to reach 100 comments.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

You can upvote this notification to help all Steemit users. Learn why here!

Thank you so much for sharing this amazing post with us!

Have you heard about Partiko? It’s a really convenient mobile app for Steem! With Partiko, you can easily see what’s going on in the Steem community, make posts and comments (no beneficiary cut forever!), and always stayed connected with your followers via push notification!

Partiko also rewards you with Partiko Points (3000 Partiko Point bonus when you first use it!), and Partiko Points can be converted into Steem tokens. You can earn Partiko Points easily by making posts and comments using Partiko.

We also noticed that your Steem Power is low. We will be very happy to delegate 15 Steem Power to you once you have made a post using Partiko! With more Steem Power, you can make more posts and comments, and earn more rewards!

If that all sounds interesting, you can:

Thank you so much for reading this message!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Kryptarion from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Nice work

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