What is LTO Network (LTO)?
The mission of the LTO Network
team is to create and maintain a decentralized and highly efficient blockchain infrastructure, directly applicable for organizations.
It allows multiple businesses to share and validate agreements on the network. The sharing of events is done peer-to-peer, so it isn't relying on a 3rd party.
Because the LTO Network is decentralized and has a private layer, they we're able to create the first decentralized identities in the crypto space.The LTO Network is a hybrid layer-1 blockchain, where solutions can be used cross-chain. It has a public and a private layer, which makes it possible to store people's data while keeping their privacy and the security of the blockchain.
How can I use LTO Network?
The LTO Network can be used by any organization with a demand for an applicable-ready blockchain solution that provides digital verification of digital assets and facilitates collaboration through the use of decentralized workflows.
Who founded LTO Network?
The company was founded in 2017 by Martijn Migchelsen & Rick Schmitz. Both serial entrepreneurs who started their careers at PricewaterhouseCoopers. After PWC they started Firm24 and LTO Network.
Functionalities of LTO
- Decentralized applications. Companies participate in shared applications through their node, without the need for a central system.
- Distributed data processing. Data is shared peer-to-peer among the nodes of specific participants, never with the entire network.
- Blockchain. All nodes are linked via the public blockchain, facilitating consensus and data integrity.
Can I earn money with LTO Network?
Yes, you can earn money by selling & buying LTO
. Sell for a higher price than what you bought them for. In past years, LTO value has increased a lot, but also had some significant losses. In February 2019 the LTO rate peaked at almost €0,21 per LTO. Be aware that LTO has proven to be volatile, so losses can follow profits. Always trade responsibly. Trade and buy LTO Network at Coinmerce