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LTO Network will use its upcoming “TITANIUM” upgrade, to develop a brand-new generation of digital properties, and enable overall decentralization for digital ownership.
AMSTERDAM, November 17, 2021– LTO Network, Europe’s leading GDPR certified blockchain, revealed that it prepares to execute its next significant upgrade “TITANIUM” which will enable its users to provide totally decentralized NFTs.
The fast development of NFTs (non-fungible tokens) in the digital area has actually stimulated a technological gold rush, drawing extraordinary varieties of creatives, freelancers, business owners, and investor, to a large, undiscovered digital frontier. Unlike the existing NFT innovation, which is restricted due to its central nature, LTO Network’s NFT2.0 will permit its users to preserve complete control over their digital possessions. Users will have the capability to handle, trade, or utilize their properties quickly as the digital possession can exist either on a user’s phone, wallet, or laptop computer.
In an effort to make its brand-new NFT2.0 innovation more available to users with existing accounts on NFT platforms such as OpenSea and Rarible, LTO Network will use its tactical collaboration with ChainLINK to offer a cross-chain bridge in between various blockchains.
” The possibilities are boundless. Anything can be become an NFT. Whether it’s your art, your cars and truck, or your home … your properties can enter into the metaverse. Utilizing NFT2.0 outdoors metaverse, you will have the power to produce something in one world, and bring it with you to the next.” stated Arnold Daniels, Lead Architect of LTO Network.
” With NFT2.0, Titanium will empower content developers such as artists, artists, and video game designers to develop a world around themselves.” stated Rick Schmitz, CEO of LTO Network.
Founded on B2B business options such as Data & file confirmation and authentication, LTO Network’s (2-layer) method is natively GDPR certified, guaranteeing smooth compliance for worldwide business dealing with ever-increasing personal privacy laws. LTO Network makes it possible for designers and services to develop Privacy Aware Decentralized Apps (PADA) which provide numerous distinct chances for jobs to check out.
Following its just recently revealed Cobalt mainnet upgrade, LTO Network is quickly broadening its performance and functionality through the addition of NFT2.0 innovation and Decentralized Identifiers/Verifiable Credentials as its initial step towards ending up being a worldwide, leading layer-1 blockchain.
– goLandRegistry (United Nations)
– Waste Management Workflow (Dutch Interior Ministry)
– Transparent Certificate Securing (NEN: Royal Netherlands Standardization Institute)
About LTO Network
The LTO Network group is on an objective to produce and preserve a completely decentralized and extremely effective blockchain facilities, straight suitable and focused on producing worth for companies. LTO Network can be utilized by any business with a requirement for a production-ready blockchain that enables digital confirmation of digital possessions and allowing cooperation through using decentralized workflows.
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