LTO Network: Decentralized Workflow Services with the Potential to Improve Governmental Processes

in #crypto5 years ago

One entity that is known for their rigidity is the Government. In Underdeveloped countries, its even worse; the efficiency of government agencies and office workers is nothing to write home about. The lack of automation and the presence of diverse bureaucratic layers further reduce the trust in the system and create an environment for crooked practices. Even in the developed clans where technology has brought about numerous organizational tools, interactions between different departments of government is still inadequate due to refusal to share reliable data and intelligence amongst themselves which will go a long way in guarantying smooth operation and increased productivity.

LTO is offering a decentralized workflow that can be used in Government parastatals and agencies; B2B processes and inter-organization transactions. Workflow establishes an automated repeatable pattern for organizational processes such as recruitment, workers training, survey, and meetings e.t.c and with this workflow, in place, the actualization of this processes/specific task can be guaranteed on a daily basis. Though some top governments agencies might be implementing workflow engines already the LTO network takes things a step further by introducing decentralized Workflow system which will facilitate interactions between various, department/arms of government in a decentralized system where each participant or entity in the transaction can choose to submit whatever data on the network without fear of centralization when they work on a central server or loss of privacy .
Reasons Why LTO Network will be a massive implementation for Government agencies

  1. The implementation of Blockchain technology on the LTO Network gives room for a trustless, fast, transparent, secure and efficient environment to perpetuate both monetary and non-monetary transactions. Just like many order organizations of the world, Government agencies and parastatals needs improvement in terms of transparency and efficient delivery of services and logistic advancement. LTO uses both a private and public blockchain structure with Zero knowledge proof to ensure the privacy of participating parties and also ensure compliance to also General Data protection Regulation (GDPR).
  2. LTO Network ensures automation of interactions on the platform via live contract. With this feature, the interacting government departments/ agencies can interact, verify actions of participants in the process based on the instruction embedded in the live contract which carries direction on how one or more parties should interact. The history of this up to date countersigned history of event is then stored on the blockchain ledger. With this in place, transparency in government practices/interaction can be guaranteed, automation and efficiency at the highest level and lastly room for improved communication can be established.
  3. Even though top Government of the world are yet to show affection towards the cryptocurrency, the LTO token will be of interest due to the massive utility it gains on the LTO blockchain and the platform at large. Its high time enthusiasts take their eyes of the monetary value associated with cryptocurrency due to its limited supply and growing demand and focus on the use case it can render to the society at large. The LTO token will grant access to decentralized workflow services and also will be used to pay transaction fees on the platform.

LTO Network Team

Conclusion
LTO Network is a proof that cryptocurrency and blockchain technology is not a bubble but can be a game changer in every aspect of human existence in need of improved automation, transparency and fluidity. The use case of the LTO network will definitely be attractive to the top government of the world who definitely are in need of decentralized workflow for their inter-department processes.
For more information on the LTO platform check out the following channels.
Website: https://lto.network
Telegram: https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
Twitter: https://twitter.com/LTOnetwork
Authors detail
BTT name: Mrsparks
BTT profile link; https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary
LTO community reward username: Mrsparks

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