LTO Network

by Legal Things

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Matic Network

by Matic-Network India LLP

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Nxt

by Ardor Nxt Group

3.5/5

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LTO Network

by Legal Things

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Matic Network

by Matic-Network India LLP

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Nxt

by Ardor Nxt Group

3.5/5

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What problem does this service solve?

LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows.Matic provides scalability for DApps and smart contracts.Nxt provides users a modular toolset for DApp development.

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Company Description

The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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