Review on LTO Network by Syed Adnan
Hybrid blockchain for businesses.
LTO Network definitely caught our interest. Although the idea and concept is not groundbreaking, it solves an existing problem for businesses and the blockchain value is given here. Besides, the team definitely knows how to sell and promote their project, that’s why LTO Network does not only have a strong community and branding, also it is a live product with impressive clients and is generating growing real-world revenue on a daily basis.
Pros
- LTO Network is the fastest adopted blockchain ever, currently ranking amongst the TOP most used blockchains.
- LTO Network has the vision to build a huge ecosystem in order to facilitate blockchain adoption in the EU.
- Several big clients already work together with LTO Network, including the Dutch Ministry for Infrastructure and Waste Transportation.
- Easily intergrated as well as a cheap and scalable blockchain option for businesses.
- Their variation of Proof of Stake (Leased Proof of Importance) allows businesses to use LTO tokens without dealing with unfamiliar cryptocurrencies.
Cons
- It is highly dependent on its adoption and if they are capable of continuously onboarding new clients in order to grow the transaction rate.
