LTO Network - February 2024 Recap

Main • Published on: Mar 13, 2024 • Last updated: Mar 14, 2024

TABLE OF CONTENTS

1. Introduction

2. February 2024 Operations

3. Partnerships & Memberships

4. Events

5. Technical Milestones

6. Closing Words

1. Introduction

Welcome to the February 2024 recap of LTO Network! As we delve into the highlights of the month, we'll explore the latest developments, achievements, and advancements within the LTO Network ecosystem.

This recap will showcase the ongoing momentum and growth of LTO Network as it continues to redefine the landscape of blockchain technology and Real World Assets.

2. February 2024 Operations

In February 2024, clients conducted a total of 968,529 operations on the LTO Network blockchain, showcasing active engagement within our platform.

3. Partnerships & Memberships

SCANTRUST

Scantrust and LTO Network have joined forces to ensure the security and transparency of items.

Together, we're advancing the battle against counterfeit goods to new heights.

More: https://blog.ltonetwork.com/scantrust_integration/

OMA3

We're excited to announce our membership in the OMA3 alliance.

Together, we're forging the path for the user-owned metaverse and advancing interoperability.

More: https://x.com/TheLTONetwork/status/1755530465409475061?t=mqOenYCGW3Feb4psKJP9kA&s=35

4. Events

NFT Paris

Two days of repping Ownables at NFT Paris and adjacent side events. Equipped with branded merch and flyers, we seized the opportunity to make new connections, catch up on the latest Web3 trends, and present the Ownables demo to various attendees.

We returned inspired by the innovation and the promising future of the space that LTO Network will be a part of!

5. Technical Milestones

Ownables bridge

The construction of our Ownables Bridge is complete!

This innovative bridge facilitates the seamless bridging of Ownables as cross-chain assets.

By enabling Ownables to traverse multiple chains and networks, their potential is unlocked for communities worldwide.

More: https://github.com/ltonetwork/ownable-bridge

Development Update and Progress

Ownables Bridge - Done.
LTO RWAs Stage 1 - In progress.
Ownables Wallet Integration - In progress.
Proofi Biometric Integration - In progress.
Land Registry Deployment - In progress.

6. Closing Words

As we wrap up our February 2024 recap, it's clear that LTO Network continues to push the boundaries of blockchain innovation, particularly in its focus on real-world assets. The strides made in this direction, coupled with the recent groundbreaking partnership with Scantrust to combat counterfeit goods, signal a pivotal moment for the LTO Network ecosystem.

We're not just imagining a better future — we're actively building it, one partnership and innovation at a time.

About LTO Network

LTO Network is a privacy-aware Layer-1 blockchain for Real World Assets, Data Security and Identity Solutions.

The platform is designed for business process efficiency and security. It combines a public layer for transparency and a private layer for data security, ensuring GDPR and MiCA compliance. This dual-layer approach makes it ideal for enterprises requiring data privacy and regulatory adherence.

LTO Network also offers tokenization of RWAs through their Ownables technology, enabling assets to be brought on-chain and allowing them to interact with the world of DeFi and Web3.

LTO Network's KYC services help maintain compliance with anti-money laundering laws as well as offering proof of humanity services to protect Web3 and DeFi platforms from bots.