LTO Network Lto Price USD

LTO Network has become the best blockchain in Europe because it is used a lot in the real world. It was built around B2B enterprise solutions like decentralised workflows, data and document verification and authentication, and authentication of data and documents. With the COBALT mainnet update in 2021, Decentralized Identifiers (DID) and Verifiable Credentials (VC) were added to this solid base, putting LTO Network on the path to becoming a true layer-1 blockchain. In turn, Decentralized Identities and Verifiable Credentials are at the heart of LTO Network's new focus: NFT2.0 technology, where people really own and manage their NFTs in a decentralised way.

LTO Network is already GDPR-compliant because of its hybrid, two-layer approach. This makes it easy for companies all over the world to follow the ever-changing privacy laws. Because of this, LTO Network makes it possible for developers and businesses to make Privacy Aware Decentralized Apps (PADA). It also gives projects a lot of unique options to look into.

LTO Network's immediate plans include NFT2.0, decentralised identities/verifiable credentials that drive KYC, expansions on projects that are already up and running, and a lot more.

The LTO Network follows all of the rules of the GDPR data protection law in the European Union. The hybrid LTO framework lets private blockchains be as scalable as possible while still having the same security features as public blockchains, which are already widely used. The proof-of-stake (PoS) consensus algorithm is used to protect the LTO Network.

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