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The LTO Network serves as a trustless blockchain network that aims to connect businesses with one another in a completely seamless manner. According to Coin Bureau, the LTO Network surmised that internal exchanges within businesses are often automated and efficient, whereas external exchanges are extremely inefficient. This is the problem the LTO Network aims to solve.
The main USP of the platform is that it utilises a hybrid blockchain. This consists of a public layer that acts as an immutable digital notary and a private layer that's designed to help make data sharing easier between businesses.
The LTO token is the native cryptocurrency of the platform and is designed to be held by corporate clients to encourage care and stability of the network. Additionally, the tokens can be used for securing the network through the process of staking.
LTO Network (LTO) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $33,022,074. The current price of LTO Network is $0.117607, which is -0.008% lower than yesterday. Prices have ranged between $0.1305234 and $0.1149736 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 27, 2022 09:05 UTC.
| Coin symbol | LTO |
|---|---|
| Coin Marketcap | AUD$33,022,074 |
| Total LTO supply | 401,931,246 |
| Circulating LTO | 392,693,698 |
| Current price | AUD$0.117607 |
| All time high | AUD$1.764 |
| All time high date | January 29, 2019 |
| Notable team members | Rick Schmitz |
| Partnerships | United Nations Office of Information and Communication Technology, Horizen, IBM |
| Industry | Business blockchain infrastructure |
| Token uses | Gas, staking, governance |
| Network | LTO Network, Binance Chain, Ethereum |
Historical prices compared with the price of $0.117607.
| 1 hour | -8.54% |
|---|---|
| 24 hours | -0.01% |
| 7 days | -0.76% |
| 14 days | -8.76% |
| 30 days | -18.18% |
|---|---|
| 60 days | 15.65% |
| 200 days | -51.57% |
| 1 year | -64.46% |
Disclaimer: Cryptocurrencies, including LTO Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LTO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the LTO Network or any other cryptocurrency discussed.
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