LTO Network is a leading blockchain platform in Europe that focuses on B2B enterprise solutions such as decentralized workflows, data & document verification, and authentication. With the COBALT mainnet update in 2021, LTO Network introduced Decentralized Identifiers (DID) and Verifiable Credentials (VC), paving the way for NFT2.0 technology. By utilizing a hybrid (2-layer) approach, LTO Network ensures GDPR compliance and enables the development of Privacy Aware Decentralized Apps (PADA).

LTO Network launched its mainnet in January 2019 as a hybrid blockchain platform. It consists of a public permissionless layer and a private layer that acts as private miniature blockchains for involved parties. Originally a fork from WAVES, LTO Network has been extensively modified to cater to decentralized workflows and business process automation. Its goal is to bridge the gap between the real world and the cryptospace, serving as a cross-chain base layer for distributed and collaboration dApps.

LTO Network prioritizes integration with existing applications, which requires flexibility in cryptographic algorithms. In addition to the ED25519 standard, LTO Network also supports two other commonly used algorithms: secp256r1 and secp256k1. This multi-cipher support allows users to utilize Ethereum public/private keys for signing transactions on LTO Network or as a verification method for Decentralized Identities.

LTO Network has introduced several significant updates to its mainnet:

• 2019 Update - Smart Accounts
• 2020 Update - Associations
• 2021 Update - Cobalt

LTO Network fully complies with the European Union's GDPR data protection law. Its hybrid framework combines scalability with the security characteristics of public blockchains. LTO Network is secured by the proof-of-stake (PoS) consensus algorithm.

LTO Network was initially developed by Firm24 as LegalThings One in 2014. The founders of LTO Network are:

• CEO: Rick Schmitz
• CFO: Martijn Migchelsen
• Lead Architect: Arnold Daniels
• CTO: Sven Stam

LTO Network stands out with its easy-to-use live contracts and the implementation of a hybrid blockchain mechanism with anchorage. Live contracts enable real-time creation of mutually beneficial agreements, recorded on a private blockchain. The public layer provides high-level security, while the private layer facilitates collaboration, data exchange, and process automation.

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LTO tokens, based on Ethereum's ERC-20 standard, serve as a bridge for LTO Network customers and have a circulating supply of 291,959,255 tokens as of November 2021. The token holders include integrators, partners, clients, and passive stakers.

LTO Network (LTO) can be traded on various exchanges, including Binance, BYDFi, AscendEX, Bitrue, Uniswap (V2), Gate.io, PancakeSwap, Bitvavo, and Omgfin.

LTO Network is a leading blockchain platform in Europe that focuses on B2B enterprise solutions, such as decentralized workflows, data & document verification, and authentication. It has gained popularity due to its real-world usage and GDPR compliance. The COBALT mainnet update introduced Decentralized Identifiers (DID) and Verifiable Credentials (VC), paving the way for LTO Network to become a true layer-1 blockchain. With a hybrid (2-layer) approach, LTO Network offers unique opportunities for developers and businesses to build Privacy Aware Decentralized Apps (PADA) and explore NFT2.0 technology.

LTO Network's immediate plans include expanding on NFT2.0, driving KYC through decentralized identities/verifiable credentials, and further developments on existing projects.

LTO Network is fully compliant with the European Union's GDPR data protection law. Its hybrid framework combines the scalability of private blockchains with the security characteristics of public blockchains. The network is secured by the proof-of-stake (PoS) consensus algorithm.

LTO Network was initially developed by Firm24 as LegalThings One in 2014. In 2017, it added blockchain technology and rebranded as LTO Network.

• CEO: Rick Schmitz, an experienced entrepreneur and co-founder of LTO Network. He has a background in private equity and mergers & acquisitions.

• CFO: Martijn Migchelsen, CFO, COO, and co-founder of LTO Network. He previously worked as a corporate finance consultant.

• Lead Architect: Arnold Daniels, co-founder and lead architect of LTO Network. He has extensive experience in open-source development and previously worked as a lead software engineer.

• CTO: Sven Stam, the CTO of LTO Network, with a master's degree in artificial intelligence and over 15 years of industry experience.

LTO Network stands out with its easy-to-use live contracts and the implementation of a hybrid blockchain mechanism with anchorage.

Live contracts enable real-time creation of mutually beneficial agreements. The LTO parent system creates a private blockchain to record the agreement's history and current state. Parties involved can register actions, add/remove participants, and resolve conflicts within the agreement.

The hybrid blockchain consists of a public layer for high-level security and a private layer for efficient collaboration, data exchange, and process automation. Distributed nodes and a reward system ensure the network's security.

LTO Network's native token, LTO, is based on Ethereum's ERC-20 standard. It serves as a bridge for LTO Network customers and can be used for transactions or held for speculative purposes. As of November 2021, there are 291,959,255 LTO tokens in circulation.

Token holders include integrators, partners, clients, passive stakers, and inactive holders, each with their respective roles and involvement in the LTO Network ecosystem.

LTO Network (LTO) can be traded on various exchanges, including Binance, BYDFi, AscendEX, Bitrue, Uniswap (V2), Gate.io, PancakeSwap, Bitvavo, and Omgfin.