LTO Network

Our mission is to provide technology which fights bureaucracy, fraud and nepotism. A problem that plagues so many organizations, industries and governments. We believe that privacy and transparency are not mutually exclusive and are willing to prove it.

Every organization runs numerous business processes, which can define the rules of a workflow, visualized as a flowchart or BPMN diagram. With LTO, a workflow is expressed as a deterministic extended Finite State Machine (FSM).

Blockchain enables organizations to run these workflows in a decentralized way, enabling each party to participate using their own nodes. Collaborating parties can share information on-chain or off-chain, such as documents, linked data or (interactive) zero knowledge-proofs.

These decentralized workflows are called Live Contracts. Similar to Smart Contracts, Live Contracts provide a dynamic method for defining logic on the blockchain. However, the purpose of a Live Contract is not to just determine state, but to actively instruct humans and computers about steps in a workflow.