LTO NETWORK: AN INNOVATIVE INFRASTRUCTURE FACILITATING PERMISSIONLESS PRIVATE CHAINS IN THE BLOCKCHAIN SPACE

INTRO:

Good day everyone, I am absolutely excited today to write about an innovative and revolutionary project called LTO Network, in time past was aptly referred to as LegalThings One. This top-notch infrastructure needs to facilitate seamless business dealings in the blockchain network. Presently, a closer look at legal business shows it is still paper oriented and this where the LTO Network is bringing its far-reaching value proposition.

THE LTO NETWORK VALUE PROPOSITION
LTO network was conceptualized out of the deep need of existing clientele. The company is not a ‘blockchain company, however, it leverages on the blockchain technology to provide crucial answers to improve their solution. It is a private permissionless network, where everyone can set up a hub and check business dealings, yet information is just shared between members of a particular process. Looking back LTO primary focus is on the issue of adoption which they are into presently in contrasted with numerous different platforms, having earned 1.4M USD from customers this year.

The LTO Network is making its entry with a value proposition to bring a procedure that will chronicle into a computerized appropriated record that serves individual and business needs identified with legitimately binding contracts. Basically following this objective, it makes a decentralized work process component that enables you to trade data about private blockchains, while exchanges will be recorded in a mutually shared blockchain.
The LTO Network utilizes the agreement or consensus instrument with minimal proof of importance to accomplish agreement on their blockchain. This planned system permits smallholders of tokens who would prefer not to run a node to get rewards for tokens. It is indistinct why the LTO Network needs to make its own blockchain as opposed to utilizing the current and demonstrated base-level framework.

The different things that make LTO Network top-notch are basically issues of transparency and dynamic network commitment. LTO Network has greatly demonstrated in public glare their financials, they have clarified what they collect the cash for. Hence critical expert has thrown their weight behind this innovative project to be a massive hit.

FINANCIAL MATTERS OF THE TOKEN
The LTO Network will at first appropriate the ERC-20 token. Potential employments of LTO tokens incorporate facilitating activities, transaction payments as it concerns commissions and token passive retention for theoretical purposes. Interesting, LTO Network clients can partake in the network to get the advantage of getting zero expenses. Looking at the core strength of the LTO Network tokens reveals that tokens that are sold in the private sale setting cannot be traded on an exchange which favors investors during the OCO period.

INSIGHT ABOUT THE LTO NETWORK COMMUNITY


The LTO Network has a has a YouTube channel with over 50 subscribers and a blog on Medium, similarly, they deal with the Telegram Group, which has over 24,000 individuals, and has in excess of over 2,000 devotees in its Twitter account. Interestingly it has a very massive community.

TEAM AND CONSULTANTS

The LTO Network was established by the fellow benefactors of the past organization Firm24, a Dutch organization for business enlistment, and LegalThings, a Dutch contract solution for the land and housing related marketplace.
The CEO and one of the fellow benefactors are Rick Schmitz, who recently worked in the field of Direct Investment and mergers and acquisitions with Deloitte and PwC. CFO and COO of LTO Network - Martijn Migchelsen, is a corporate back expert at PwC. Sven Stam is the Technical Director of the LTO Network and has a graduate degree in AI, and a man with vast business ideas.
The LTO Network has a collection of vastly experienced consultants, comprising of Mike Egorov, NuCypher Technical Director, Sandor Klein, Docker Sales Vice President, Femke Stroucken from CMS and Pedro Irujon from Cemex Investment.

CONCLUSION:
The LTO Network for me and a while lot of trusted experts in the blockchain ecosystem is the future of the blockchain technology. LTO is bring something much bigger and solution-oriented more than the blockchain itself and it is providing an investment haven for those willing to key into the project.

For more interesting insight about the LTO Network project, please click on the links below:

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

NAME JANET OBOMANU
Email: [email protected]