We’ve just lately partnered with TicTag, NEN, Axveco, and different integrators, in addition to turned working members of INATBA and ISO. We’re humbled to have achieved this stage of blockchain adoption, and for us, it’s just the start! Right here you possibly can learn concerning the competitors and USPs of LTO Community.
On this article, we’ll clarify why it’s so arduous for blockchains to interrupt out of the echo-chamber, what the adoption technique of LTO Community is, and present you a preview of our new integrator portal.
Why real-world adoption of the blockchain fails
The blockchain house remains to be in its infancy. There are some superb use instances being enabled by these applied sciences, however the stage of adoption throughout the business remains to be extremely low. Subsequently, for the house to succeed, we have to escape of the echo-chamber and usher in as many real-world customers as potential.
Many firms have been trying into blockchain integrations, testing the expertise, and determining what advantages it brings to their group. However for any group, clear advantages and causes for both beginning a pilot or advancing it additional are required.
Nonetheless, different tasks take an over-complicated method and attempt to shoot for the total IT infrastructure change from day 1, making the blockchain onboarding course of unattractive and dear. This isn’t how we envision blockchain adoption to occur. The combination have to be easy and develop regularly.
Adoption technique: land & develop
Land and develop – is the method of LTO Community. We begin with easy issues, like information anchoring, which might be utilized to all present functions and enhance the safety of any piece of digital information.
As soon as an integrator sees the advantages in apply, they’re able to improve to Reside Contracts and streamline processes and information alternate – all throughout the identical atmosphere. This manner, LTO Community can hold the exponential development and develop additional because the backend blockchain platform for automation of processes and information alternate. Making blockchain simple to understand and implement – is crucial.
Examples of layer 1 and a pair of use instances
Layer 1: Anchoring on LTO Public Blockchain
The adoption of e-Signatures has made signing paperwork and steps a lot simpler. So as to add one other safety layer to that course of, SignRequest carried out anchoring in early 2019 on the LTO Community Public Blockchain.
Customers, after signing a doc, get an e mail with the affirmation, as traditional, however with an additional hyperlink to the blockchain verifying their motion. This supplies a better stage of transparency which finish customers can take pleasure in, with out over-complicating the onboarding course of!
Layer 2: Course of Automation with Workflow Engine
This use case revolves round streamlining the logistical means of waste shipments on ad-hoc occasion chains. The logic is outlined by the actors and is then represented on-chain, utilizing the LTO Community Decentralized Workflow Engine. The safety is assured by recording hashes of occasions on the LTO Community public blockchain.
All interplay takes place by way of the standard Capptions consumer interface. This manner, customers work with the applying they’ve all the time labored with, solely now they reap the advantages of blockchain integration.
LTO Community’s Enterprise Pitch
Blockchain is not only a promise sooner or later, it’s a expertise that may present quite a lot of advantages to your shoppers at this time. Nonetheless, for a shopper, it needs to be easy sufficient to understand, and for an integrator easy sufficient to implement.
For a few years, blockchain tasks have been nearly whitepapers and overcomplicating issues to sound extra attention-grabbing. They by no means truly went stay with a helpful product. LTO Community, then again, is a ready-to-use hybrid answer which provides worth at this time.
With LTO Community, you possibly can automate processes that run between a number of organizations. Fixing the silo downside that so many organizations face. We’re making blockchain adoption seamless for each integrators and shoppers:
- No product push: simply plugged into present programs and functions with out having to alter something to the best way you’re working
- Privateness by design: your information might be personal, but clear on the identical time.
- Community results: over 1 million customers in a consistently rising ecosystem
Huge phrases, however is that this actually potential? We heard many occasions from our shoppers and integrators the next phrases: “Our customers need to “see” blockchain. Extra than simply perceive its potential, they need to see it truly being put to make use of”. You requested – we ship….
As a shopper or consumer, you don’t need to comply with 100 steps earlier than you possibly can arrange your blockchain account. Furthermore, you need to truly see how blockchain works and what advantages it brings – in actual life. We make advanced blockchain applied sciences simple for customers to see and straightforward for answer suppliers to implement!
Rick Schmitz, CEO of LTO Community
Contact us to discover your blockchain integration!
Be taught extra about how organizations can use the blockchain:
- Impartial software program distributors → Software program functions which may anchor information on LTO Layer 1 public permissionless blockchain to safe the integrity of digital information. Here’s a detailed enterprise pitch.
- System integrators → Firms and suppliers using LTO Layer 2 decentralized workflow engine to automate processes and remedy the problems of information silos. Here’s a detailed enterprise pitch.
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