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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on LTO Network by LUIS RIVERO R

Revainrating 4 out of 5

LTO network, as its name specifies, is a network for the optimization of…

LTO network, as its name specifies, is a network for the optimization of business processes using the chain of blocks. However at this time there is an increase in projects like this that somehow makes it a bit saturated, although the success will depend on the solutions that this provides and its adoption by the companies, LTO in general does not bring anything new. But its biggest advantage are the multiple references of use.



Pros
  • Reduction of human errors. The LTO network, has a development team that has worked with various companies which gives credibility to this project LTO network won tenders in countries of the European Union for the simplification of waste. Its infrastructure is easy to integrate with other platforms. Reduction of risks due to manipulation of electronic data.
Cons
  • This type of business applications for the blockchain is increasing which gives more competition considering that there are more developed projects than this. Few companies interested in the adoption of this technology.

Comments (1)

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October 02, 2019
Blockchain use cases are very broad and often the technology is incorrectly applied. In order to show the true potential of the blockchain, the problem to be solved with the blockchain must be able to clearly explain.

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