LTO NETWORK: AN INDEPENDENT SYSTEM WITH GREAT VALUES.

INTRODUCTION
Now there is a project with all of the lost virtues of our cryptocurrency community amassed in it. There is so much impairment in the ledger domain of which LTO has brought solutions to. Fairness hasn't been present for long in the relationship of the users with one another and in all they do in it and that has increased the rate at which fraudulent practice has increased and many businesses now experience downturns in their profit making. But with the intervention of LTO, the improvements that were hoped for will definitely be seen.

DESCRIPTION OF LTO NETWORK

As it is very important for people to be a part of a legal system, LTO is able to make that possible without them needing the attentions of attorneys or any organization that seeks to do the same with hidden intentions rather than protecting the interest of the people. So far so good, it hasn't been easy for most people to join a legal community with the accurate level of fairness. However, this project aims at rectifying the issues and deploying useful smartcontracts to make sure the system is safe enough to lead people on in the legal system. The platform LTO is powerful enough to give many enterprises a chance to establish their own special organizations in a purely distributed or centralised form and still make it compliant to the GRPR and its regulations and that assures them of a full responsibility of protection in all that is done and all the records used in the system.

LTO HAS A NUMBER OF SALIENT FEATURES.

The features of the Legal Things Only platform are;

• This project includes the use of dependable live smartcontracts in its operations to help them in executing the programs and they function to bring about the automatic performance of all the legal agreements without being told or guided.

• This project is independent on third parties and so the customers in it will be able to function without any form of intermediaries without having to pay excessive funds or fees during their process of operations. LTO prevents them from being misled in the system.

• The provision of LTO will put a stop to all forms of illicit activities, make users able to rely on the system and have many data stored securely. Also, organization will be saved from being phished by fraudster.
  

THE OPERATIONS OF THIS PROJECT

This project disregards the involvement of lawyers or any untrusted body in the participation of people in a legal system. It doesn't depend on the helps of intermediaries either because the processes it uses are led by smartcontracts which are able to confer speed and precision to the entire system.

It is true that sometimes, some businesses don't have their workflows well defined while some have their represented in form of flowcharts or in the form of BPMN picture. But there is a difference between these businesses and how LTO represents its own workflows. It has it presented in the form of smartcontracts that are quite dependable, that is, an Finite State Machine (FSM). They work to allow the self implementation of the agreement in an autonomous manner without being being operated.

As we have smartcontracts in the ecosystem, there are also live contracts in use and thus it helps in exposing the real in-depth attributes of the ledger system. The Workflows might not be understandable by the people,.so to enable the ease of their usage, live contracts are used and it helps to guide users through the workflow. It is not the duty of the live contracts to retain any value in the system but it leads people on how to relate well with another system.

All what is done in LTO will be marked as that of a distributed structure and that opens up everyone with the provision of distinct nodes for the Workflows. However, there is a chance for different parties coming together in the LTO platform to share different documents or data records with themselves securely in the ecosystem. Also, all the live contracts used in LTO will be allocated some private network and that makes the network free with all the stored and shared documents.

THE TEAM

CONCLUSION

This project denies the taking over of the activities and the entire system from bureaucracy and stops fraud altogether as the Innovation is being adopted. With the use of certain LPoL, all of the centralised issues will be avoided and a new NG protocol will be activated and that will assist in solving the issues of scalability in the BTC network. This project will be fast and efficient, without depending on any logical contracts. The nodes will be intact and useful with all the data kept as they should in the ecosystem.

USEFUL LINKS;
Website: https://lto.network/
Telegram: https://t.me/LTOnetwork
Medium: https://medium.com/ltonetwork
Twitter: https://twitter.com/ltonetwork
Youtube: https://www.youtube.com/channel/UCaHcF-xterKYTKSpY4xgKiw
Github: https://github.com/legalthings

WRITER: Chomsy