The LTO network is a hybrid blockchain platform with enterprise to enterprise functionality. The project raised approximately $4 million through private and public token sales and was co founded by Rick Schmitz and Martijn Migchelsen. The consensus at the public level is achieved through proof of rental rights, which enables the community to protect the network and share the network expenses incurred by the organization as rewards. The leasing mechanism allows anyone to participate in the layout without the need to run nodes. The consensus model will be later changed to an important lease proof to mitigate the risk of centralization. Establishing real-time contracts is to optimize business workflows. The LTO network combines private chain and public rental proof of interest blockchain to achieve a blockchain solution that complies with General Data Protection Regulations (GDPR). LTO Network is also developing a series of applications, such as Proofi, FillTheDoc, and LetsFlow. LTO tokens are used for payment of transaction and smart contract gas fees, collateral, and voting in on chain governance.



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