Review LTO Network
LTO Network - https://lto.network/
LTO Network can be seen as a blockchain platform that is enabling B2B to collaborate on an equal level by using a trustless processes: essentially any business process (BPM) or legal agreement can be automated with the Live Contracts (extended deterministic Finite State Machines). The LTO infrastructure combines miniature ad-hoc permissionless private chains and a permissionless public chain.
For over 3 years of building LTO Network community, the crowd sale is finally over but then there more to come. Because this won’t be the end but a landmark to another greater greatness. There is no way this would have been achieved without the clients, developers, organization and users across the world.
For LTO Network to keep adding value and making it a better Blockchain Network, here are the set goals to be achieved. Let us be informed that all raised funds have been liquidated into USD which will facilitate the development project, so there is no intention to speculate with raised funds.
CONCLUSION
The main target is to have a developer and integrator companies like LTO Network to join the BlockChain where they can easily build a pilots and find way to integrate their product with LTO Network through the use of token economy. Many underground job is on about that with talks with some parties that might show interest especially the AMA with CryptoArnie.
Roadmap.
LTO Network released economic white paper in September 2018. In addition to the economic white paper, they also published a technical paper. The team has been working on providing digital legal solutions for about four years. However, it should be noted that the previous nature of the LTO Network products was not based on the blockchain. In May 2018, a partnership with the Waves was announced. No details were provided on how the two projects will specifically collaborate. Further partnerships were announced with POA Network, CPChain and NuCypher. In addition, a number of clients are mentioned in the LTO Network, but these clients are not yet using their blockchain-based platform. Important strategic investors were not disclosed at this stage.
Management and economics of the token.
The LTO Network will initially distribute the ERC-20 token. Potential uses of LTO tokens include hosting, payment of transactions in the form of commissions, and passive retention of the token for speculative purposes. LTO Network customers can participate in the network to reduce their operating costs to zero.
Team and advisors.
The LTO Network was founded by the co-founders of the previous company Firm24, a Dutch company for business registration, and LegalThings, a Dutch contract solution for the real estate market. The CEO and one of the co-founders is Rick Schmitz, who previously worked in the field of direct investment and mergers and acquisitions with Deloitte and PwC. Financial Director and Chief Operating Officer of the LTO Network - Martijn Migchelsen, who previously worked as a corporate finance consultant at PwC. Sven Stam is the Technical Director of the LTO Network and has a master's degree in artificial intelligence and 15 years experience in the industry.
The LTO Network consultants group consists of Mike Egorov, NuCypher Technical Director, Sandor Klein, Docker Sales Vice President, Pedro Irujo from Cemex Ventures and Femke Stroucken from CMS.
Community.
The LTO Network manages the Telegram Group, which has about 23,800 members, and has more than 2,000 followers in its Twitter account. In addition, the project has a YouTube channel with 50 subscribers and a blog on Medium.
#LTO #LIVECONTRACTS @LTONETWORK
For more information visit:
WebSite: https://lto.network/
Twitter: https://twitter.com/ltonetwork
Telegram: https://t.me/LTOnetwork
author: cryptobits3
https://community.lto.network/referral/WaJLkvfA3oJf4gZ/