LTO Network is a blockchain platform enabling B2B to collaborate on equal footing by using trustless processes: essentially any business process (BPM) or legal agreement can be automated via Live Contracts (extended deterministic Finite State Machines). LTO infrastructure combines miniature ad-hoc permissionless private chains and a permissionless public chain - as well as the developer toolkit to interact with them. Processes are completely GDPR and regulatory compliant and are also made easy for adoption and integration. The blockchain uses a newly developed Leased proof of Importance staking model and uses BitcoinNG consensus.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | Native |
| Accepting | ETH |
| Circulating Supply | 42% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Every organization runs numerous business processes, which can define the rules of a workflow, visualized as a flowchart or BPMN diagram. With LTO, a workflow is expressed as a deterministic extended Finite State Machine (FSM). Blockchain enables organizations to run these workflows in a decentralized way, enabling each party to participate using their own nodes. Collaborating parties can share information on-chain or off-chain, such as documents, linked data or (interactive) zero knowledge-proofs. These decentralized workflows are called Live Contracts. Similar to Smart Contracts, Live Contracts provide a dynamic method for defining logic on the blockchain. However, the purpose of a Live Contract is not to just determine state, but to actively instruct humans and computers about steps in a workflow.
