Hybrid Blockchain for Decentralized Workflows (LTO Network)


LTO Network

Enabling B2B to collaborate on equal footing using trustless automated processes with GDPR and data privacy compliance: combining permissionless ad-hoc private chains with a permissionless public blockchain.

LTO Network enables collaboration between multiple organizations and departments via decentralized workflows, where parties can keep using their own (legacy) systems to participate in a process.

Decentralized Workflow Automation

Using blockchain technology, LTO Network enables organizations to run B2B-workflows in a decentralized way, where parties participate via their own node.

Just as in the real world, when parties conclude an agreement, the execution of this agreement needs to be take place in the correct way. LTO Network uses decentralized workflows called Live Contracts to automate these procedures. Live Contracts contain instructions for both humans and systems on the actions that need to be executed. All parties involved in the Live Contract validate each others actions and secure data submissions.

LTO Network bursts the hype bubble and unlocks next level process efficiency. Today.

LTO Network has been servicing clients from various industries since 2014. For over a year our focus has been on real-world decentralized workflow applications for enterprises, governments and standalone projects.

LTO Network helps your organization drive transparency and efficiency while maintaining legal compliance and cutting down operational costs.

LTO Network splits the functionality into two layers.

Layer 2 consists of ad-hoc permissionless private chains, each with their own workflow logic. Every Live Contract rests upon its own miniature chain, making for ad-hoc collaboration.

The logic in each miniature chain is defined as Finite State Machine, which differentiates LTO Network from other side chain projects. This makes the logic in a Live Contract understandable for both humans and machines.

Each private chain is visible to and shared only with the participants that are supposed to be interacting in that particular Live Contract. This means that the number of participants on each chain is limited, as most legal contracts consist of only about a handful participants.

As a result, guaranteeing immutability on just the private chain itself is hard. This is where the public chain comes in (layer 1). Every event happening in layer 2 (or rather, the fact that an event happened, not the data itself) is being hashed onto layer 1.

A hash is a one-way function that converts one value to another. When a document is hashed, a unique hash is generated, consisting of just digits and letters. Because hashing is a one-way function, the document itself can never be re-generated from just the hash.

In short,the private layer is for data sharing, process automation, and collaboration. The public layer, on the other hand, acts as a security settlement layer, like an immutable digital notary for hashes of layer 2 (a distributed hash table, of sort). This hybrid approach makes LTO Network GDPR and data privacy compliant, as well as extremely scalable.

Good Project?

There is a very strong team working on this project ,strong and cohesive Team. The project has a good concept and perspective,built with careful planning, and on the run with a great concept by a great team. A promising idea of the project is always one of the key indicators of successful initiatives. The team working on the development of this project is one of the best ,true professionals advise everyone to get acquainted with the project and be part of it. All this will certainly lead the project to success! . The investor should not lose sight of this major project

The reason you have to invest in this project is :

  1. Project This is very good to invest because planning and conceptualization of this project itself is very good with High Potential Market increasing growth of the project.
  2. A very innovative concept of this project. The product from this project is very useful. that is an application that is very useful for people.
  3. Qualified Team ,The Team has a proven record, and is managed by the founders with experience in digital technology, e-marketing, and social media
  4. And this project almost reaches its own hardcap there’s many investors have invested in this project.
  5. Project looks very promising, with AWESOME team and FABULOUS community.

JOIN NOW ! Don’t miss it , LTO Network — Hybrid Blockchain for Decentralized Workflows

Website : http://lto.network/
Medium : https://medium.com/ltonetwork
Telegram Group : https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
Twitter : https://twitter.com/ltonetwork
Reddit : https://www.reddit.com/r/livecontracts/

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