The LTO Token is the native cryptocurrency of the LTO Network, a hybrid blockchain designed for decentralized workflows and business process automation. It combines public and private layers for data privacy and security. The token is used for transaction fees and staking, contributing to the network’s security. Misconduct can lead to penalties, including a reduction in staked tokens. The network also offers specialized services that might require payment or staking using LTO tokens. The LTO Network was created by technologists and entrepreneurs, including Rick Schmitz, Arnold Daniels, and Martijn Migchelsen.
