LTO Network by LegalThings

LTO Network

by LegalThings


Overview

LTO Network (formerly LegalThings One) is a hybrid blockchain platform designed to streamline and optimize business processes and legal operations. It was developed with the aim of reducing costs, improving efficiency, and ensuring security and accuracy of data. LTO Network enables organizations and governments to collaborate on equal footing by using trustless business processes. Integrate existing apps and systems, increasing security and transparency while maintaining data privacy and GDPR compliance. It also provides a method to make data tamper-proof and shareable among organizations in a compliantway. LTO Network was founded in 2017 and is headquartered in Amsterdam, The Netherlands.

LTO Network's technology is centered around the concept of decentralized workflows, also known as Live Contracts. These Live Contracts are not to be mistaken for smart contracts, which automate the execution of contractual obligations. Rather, Live Contracts facilitate the collaboration between multiple organizations and departments within a single workflow, allowing for each party to maintain their own nodes.

One application of LTO Network in the legal tech sphere is the verification and securing of digital documents. By storing a hash of the document on the LTO Network, anyone can verify the document's authenticity and integrity.

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HEADQUARTERS
Netherlands
LANGUAGES
English
OFFICES
Netherlands
REGIONS SERVED
Europe
Areas of Use
TARGET AUDIENCE
Corporate Legal
PRACTICE AREAS
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