The use of blockchain technology is gaining momentum and will eventually be implemented in many areas of people's lives, improving and accelerating many processes with ease. It is no secret that people have already fallen in love with the bitcoin payment system based on the blockchain and understand how much it can change not only the entire financial system for the better, but also affect production and other areas.
Naturally, it will take a lot of time to take root, as well as to finalize in terms of scalability and protection of this innovation, the widespread adoption of digitization of assets, data and tokenization of material values, many projects are already trying to create such platforms.
Blockchain surprised many with the results of ICO which collected large amounts of investments, as it easily removes any territorial and political restrictions, people felt that at the same time the technology can combine privacy and at the same time transparency of all operations and be decentralized.
In the future, it is hard to imagine that the blockchain will be able to replace the centralized system of data used by states, but it is more likely that it will be able to carry out enterprises and other organizations for which immutability and data protection is important.
It is the solution of the above shortcomings and problems that the project, which has the name LTO Network, is taken.
The LTO Network creates a network of reliable blockchain platforms that can be easily implemented in any business ecosystem and perform all processes in a decentralized manner, from document management to interactive information transfer.
Such processes will no longer be carried out with the help of smart contracts, but thanks to Live contracts, which differ in that they can inform computers and people about working operations, that is, they have a dynamic logical component.
These advantages allow such a platform to work on an equal footing with other applications and systems, representing a hybrid blockchain, which is now very lacking in current companies. The processes will take place with the help of separate units, which are also called nodes.
All this allows you to limit access to the private blockchain, nodes will be able to communicate with each other, rather than through the entire network, which also reduces the complexity and its load. The public blockchain uses anchoring, which speeds up transactions up to three seconds, and summary blocks give the opportunity to store a small amount of information and delete individual operations.
LTO NETWORK is not the first day provides its services and began to work in 2014, now their main task is to help businesses, governments to move to the use of decentralized applications and services. Definitely this project has all chances to solve existing problems of protection and safety of data of the companies, to eliminate probability of loss of information at use of intermediaries. All the essential links for consultation leave below:
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
MY BITCOINTALK USERNAME: Aivaryamal
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1184171
UNIQUENESS OF CONTENT 100%: https://text.ru/antiplagiat/5c46ea7594496