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LTO Network (LTO) is the 786th largest cryptocurrency in the world by market cap, valued at $3,343,700. The current price of LTO Network is $0.09559, which is -2.439% lower than yesterday. Prices have ranged between $0.101158 and $0.094612 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2023 10:01 UTC.
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.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.
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