LTO Network

by Legal Things

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NEO

by NEO

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Credits

by Credits

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LTO Network

by Legal Things

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NEO

by NEO

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Credits

by Credits

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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.NEO allows developers to create digital assets that can be managed with smart contracts.Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.

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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.

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

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