Blockchain technology and cryptocurrency market continues to develop actively and attracts more and more people. Initially, many people did not believe that these technologies would be in demand in the future. Indeed, it is difficult to explain to an ordinary person what a blockchain is, but if you start studying this technology, you understand how many opportunities it can give. Now many people and organizations want to implement the blockchain in their work, because they have studied the technology and realized its capabilities. Government authorities have also started to pay attention to cryptocurrencies, due to the rapid growth of technology. Now many people, projects and companies are working to introduce cryptocurrency into the daily lives of people. Of course, it will take a long time for digital assets to be scalable and widely distributed.
It is important to note that the majority of users of the cryptocurrency to use the blockchain for speculative activities and do not think about its development and application throughout the world. Now there is no infrastructure and conditions for the wide spread of technology. And to solve this problem, many experts are developing various projects for the introduction of blockchain technology in people's daily lives. The number of organizations and platforms that implement the blockchain in their work is becoming more and more. The blockchain is unlikely to replace the centralized data system used by the state. However, specialists can use the blockchain for various organizations, for which it is important to create a transparent and secure system in which the information remains unchanged.
To solve the above problems and to increase the implementation of blockchain technology in the world, the specialists have developed the project of the LTO Network.
LTO Network creates a network that will provide reliable business processes. The use of such processes will make it possible to increase the spread and implementation of technology in various enterprises and companies. The LTO blockchain will collaborate with other applications that are also working to improve the security and privacy of data in accordance with the requirements of the data protection regulations.
LTO Network will offer businesses processes that make blockchain technology easier. To do this, use a separate interactive units. This process will be carried out with the help of Live contracts, which differ from the smart contracts that they can inform computers and people on business operations. Network participants have the opportunity to exchange information with each other, which can be outside the blockchain chain. Blockchain network has a dynamic logical component.
The main advantages of the network are:
- Using nodes allows you to quickly process a large number of Live Contracts.
- The network has the ability to restrict access to a private block chain. Only nodes that are running in the chain will have access to this chain.
- Nodes can communicate with each other without using the entire network. This reduces network complexity and increases data transfer speed and reliability.
- Every process in the system can be checked, so any unauthorized action will be blocked.
In addition, binding in a public block chain allows you to achieve a very high transaction rate, which is about three seconds. Traditional public block chains can take up to a few days to complete because they are memory-intensive. Blocks from the network LTO have the opportunity to accelerate the process, because nodes are removed separate transactions, and generate new units. The implementation of each node in the network is simple, so it will not create problems for the enterprise.
The project launches its LTO token, which will be based on Ethereum. The Hard cap is $ 5,200,000.
I believe that the network will be able to attract a large audience, because it simplifies the process of implementing blockchain technology in various enterprises and organizations. Now crypto-currencies are found at the initial stage of development, so the role of projects that simplify the introduction of technology is very large. LTO Network has been providing its services since 2014. Their main task now is to help enterprises, organizations and other institutions move to decentralized applications and services. The project deserves the attention of investors.
More information you can find on these links:
WEBSITE: https://lto.network
TELEGRAM: https://t.me/joinchat/AJWQTUDKtDlsuGHVFb40eQ
WHITEPAPER: https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
TWITTER: https://twitter.com/ltonetwork
MEDIUM: https://medium.com/ltonetwork
REDDIT: https://www.reddit.com/r/livecontracts/
YOUTUBE: https://www.youtube.com/channel/UCaHcF-xterKYTKSpY4xgKiw
GITHUB: https://github.com/legalthings
AUTHORSHIP:
Bitcointalk username: ressel
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1992083
My etherium address: 0xd5cdf2afA707A13E525EcC394cD7a20216E91873
Uniqueness 100%: https://text.ru/antiplagiat/5c48277d58b91