Overview OF LTO Network.
Blockchain is a virtual financial mining operation that has without doubt taken the world by storm. It has become expedient, following forecasts from top businessmen like Bill Gates, to participate in the blockchain virtual currency mining venture. This, apart from the need to join the flow of an active conversation, is expedient because in the next couple of years, it would be almost impossible to work, earn, spend, and share monies globally without virtual currencies which are mined through blockchain operations. Over the years, numerous blockchain giants have taken over the world with their various blockchain operations successfully. Because something works however, does not mean that it cannot be improved. This leads us to an adjoining blockchain and LTO background.
Several blockchain products focus on financial transactions utilizing smart contracts, whereby no or little focus is placed towards B2B market all just because of reduction of costs on paperwork, administration, among others. They need a level playing field in a trustless way. Which is what LTO Network aim to oversee through the merging of private and public layers, with this organizations will be able to meet GDPR and data privacy requirements, while preventing the scalability issues associated with blockchain projects.
Among the benefits of LTO Network includes:
- It handles inter-party business process management on the blockchain.
- Live Contracts can be applied in a broad spectrum of areas which includes supply chain, insurance, healthcare and KYC procedures.
- The system can be used for legal contracts like lease agreements and NDA contracts.
Among the LTO mission is the developer-focused SDK for creating and running live contracts which includes a code review, updating the documentation on GitHub, open-sourcing the community nodes for integrators, working out the interface to make the interaction even more user-friendly, open-sourcing and finishing up integrating of existing clients with the blockchain. Likewise the primary focus of LTO network stands on having integrators and developer-companies join the network, by building pilots and integrating their products with the LTO Network blockchain.
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
Author 🆔 : Moshaid.