LTO Network (LTO)
Digitalization and automation of business processes offer great benefits in terms of productivity and cost reduction. Organizations struggle to tap into these benefits for interorganizational processes, partly due to a lack of trust. Bitcoin has proven how blockchain can use distribution and cryptography to provide a system that does not rely on trust.
LTO builds upon this foundation with a decentralized workflow engine employed for ad-hoc collaboration. Information is shared between parties using per-process private event chains and hashed on a public blockchain. This hybrid approach allows organizations to meet any data protection regulations and prevents scalability issues that are typically associated with blockchain projects.
