TABLE OF CONTENTS

1. Introduction

2. May 2024 Operations

3. New Team Members

4. Blogs

5. Technical Milestones

6. Closing Words

1. Introduction

Join us for the May 2024 recap of LTO Network! Let's take a look at the past month's pivotal moments, latest advancements, achievements, and progress within the LTO Network domain, with a heavy focus on our momentum regarding Real-World Assets and how we are continuing to expose the world to the capabilities of our Layer-1 blockchain network.

2. May 2024 Operations

​​What are operations?

Operations represent data and records securely housed within our blockchain network. Think of them as bundled transactions that enhance efficiency and aid projects in cost-saving endeavors.

In May 2024, our clients carried out 1,073,415 operations on the LTO Network blockchain.

3. New Team Members

Pankhuri - Advisor

Meet Pankhuri, our newest advisor! With an impressive track record in high-tech roles at the UN and ISO and as the founder of Blockom Consulting, she brings a wealth of experience to the table. Pankhuri's journey from JP Morgan's crypto division to becoming a globally renowned speaker showcases her leadership in the industry. We're thrilled to have her expertise guiding us forward.

Colin - Front-End Lead

We're thrilled to welcome Colin aboard as our new Front-End Lead. Colin has catapulted our development progress forward. With a rich background in crafting web applications, including progressive web apps (PWAs), Colin is poised to elevate our projects to new heights. Now that most of the back-end development at LTO Network has been completed, his focus is now on user-centric products that align perfectly with our vision going forward, and we're eager to see the innovative direction he'll drive us towards.

4. Blogs

How can LTO Network secure Real-World Assets?

In this blog, we covered how LTO Network's blockchain technology is transforming asset management and security by providing secure and tamper-proof records for Real-World Assets (RWAs).

https://blog.ltonetwork.com/securing-rwas-blog/

5. Technical Milestones

Ownables

Our Ownables technology is running on our Mainnet. We have been quietly updating our SDK with new features that will soon be introduced to you. All of the functionality inside the upcoming iOS and Android wallet will also be available in our SDK wallet. This includes sending and receiving Ownables (Transfer), creating basic Ownables (Generator), and accessing the Ownables to NFT bridge (Bridge).

Universal Wallet

We are currently adding the Transfer, Generator, and Bridge modules to the iOS and Android wallets. We have found a company we will use for our security Audit. In the meantime, we will submit the wallet to the app stores without making it public so we can see if the publishers require any changes from us.

Proofi

Proofi is being updated. It currently uses some old EVM modules and has to be made compatible with the newest EVM testnet. Once this is complete, we will make some announcements about its future through the marketing department.

Land Registration Software

Our Land Registration Software is currently undergoing active pilot testing with one country.

Negotiations with a second country are in their final phase, and a third country has recently approached us.

Development Update and Progress

Ownables Wallet Integration - Completed.

LTO RWAs Stage 1 - In progress.

Proofi Biometric Integration - In progress.

Land Registry Deployment - In progress.

6. Closing Words

Throughout May 2024, notable and measurable progress has been achieved across various fronts. The team has expanded, and significant advancements have been achieved with Proofi, Ownables, Universal Wallet, and our Land Registration Software. With all this, LTO Network has also come closer to its goal of revolutionizing the tokenization of Real-World Assets.

About LTO Network

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

Our 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 and offer Proof-of-Humanity services to protect Web3 and DeFi platforms from bots.

Stay up-to-date with LTO Network - X | Ownables Discord | Telegram | Reddit | YouTube | Facebook | Instagram | LinkedIn | GitHub |.

RWA focused Layer-1 project, LTO Network have announced a partnership with DWF Labs, the new generation market maker and investment firm to bring DWF Labs’s innovative market making solutions to enhance LTO Network’s capabilities.

This partnership will enhance LTO Network’s liquidity and open further business cooperation between the two companies.

LTO Network sees DWF Labs’s involvement playing a pivotal role in their network’s operations as they further expand with their much anticipated RWA and tokenization ecosystem. The extensive experience of DWF Labs will support LTO Network in offering increased token access through additional exchanges, creating additional value for the token through further partnerships and utilization of the network, especially in Asia.

Andrei Grachev, Managing Partner of DWF Labs, said: “LTO Network and their unique blockchain capabilities caught our attention and we are excited to stand side by side as a partner to see them take charge in one of the most exciting and rapidly growing sectors of the crypto world, RWAs. There are a number of regions which will be very receptive to what LTO is doing and we will work together to ensure these goals are mutually achieved.”

The two companies are set to take immediate steps for working together, with collateral provided by LTO Network to the DWF Labs team for the immediate engagement of their market making services.

“DWF Labs is one of the most prominent businesses in the Crypto space over the last 2 years and their expertise and support will help us realize our vision and goals to be the leading RWA focused Layer-1 blockchain.” said Rick Schmitz, CEO of LTO Network

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.

About DWF Labs

DWF Labs is the new generation Web3 investor and market maker, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.

Stay up-to-date with LTO Network - X | Ownables Discord | Telegram | Reddit | YouTube | Facebook | Instagram | LinkedIn | GitHub | .

How can LTO Network secure Real world Assets?

In the rapidly evolving landscape of asset management and security, blockchain technology has emerged as a groundbreaking solution. Among the leaders in this technological revolution is LTO Network, which leverages blockchain anchoring and our OWNABLES platform to offer secure and tamper-proof records for real-world assets (RWAs). This method not only enhances transparency but also builds trust in sectors where the verification of ownership and transaction history is crucial, such as real estate, manufacturing, and logistics. Think of what we offer are not only the onboarding and tokenization of RWAs but we also a supply chain tracking technology embedded into the RWAs.

Blockchain Anchoring and the Integration of OWNABLES
Blockchain anchoring involves recording data from external sources onto our blockchain, creating a timestamped and immutable record. This ensures that each asset’s data is verifiable and unalterable.

Additionally, we are pioneering the use of OWNABLES, a new kind of digital asset that represent RWAs. Each OWNABLE is a unique digital token with a decentralized identifier (DID) that links to detailed metadata about the asset. This metadata includes vital information such as ownership history, physical characteristics, and legal status, all securely anchored to our blockchain. By combining blockchain anchoring with OWNABLES, we create a dual layer of security. This not only solidifies the integrity of the asset's data but also enhances users' ability to interact with and manage their assets seamlessly in a digital environment.

The Importance of Immutable Proof of Ownership and Transaction History

In asset-intensive sectors, the ability to demonstrate clear and indisputable ownership is essential. With blockchain anchoring and OWNABLES, LTO Network provides immutable proof of ownership and a comprehensive transaction history for each asset. This is critical for ensuring legal compliance, maintaining transparency, and building trust in markets such as real estate, where proof of ownership is fundamental to any transaction.

Enhancing Operations in Manufacturing and Logistics

The integration of OWNABLES with blockchain anchoring can significantly optimize operations across various sectors:

Manufacturing: Manufacturers can utilize OWNABLES to track each component in their products throughout its lifecycle, from production to sale. This detailed tracking aids in managing product quality and safety and in conducting effective warranty and recall operations. An example is our partnership with Scantrust, we enhance capabilities for ensuring and demonstrating product authenticity and traceability, thereby boosting consumer trust and satisfaction.

Logistics: OWNABLES also transform logistics by enabling the precise tracking of shipments. Each shipment, logged as an Ownable on our blockchain, provides stakeholders with detailed information about its origin, transport history, and delivery condition. This unprecedented level of detail significantly enhances the efficiency and reliability of shipping operations.

Practical Applications

Real Estate: We enable the creation of OWNABLES for properties, ensuring that every transaction—whether leasing, selling, or transferring—is recorded with immutable accuracy. This not only streamlines property management but also provides robust protection against fraudulent activities.

High Value Items and luxury goods: OWNABLES can serve as a digital passport for each luxury product. By creating an OWNABLE for every luxury itemthat comes out of manufacturing, LTO Network can store immutable records of the the items provenance, including its creation date, unique serial number, and detailed specifications. Potential buyers can verify the authenticity of an item before purchase by checking its blockchain record. This significantly reduces the risk of counterfeiting and fraud, a common issue in the luxury goods market.

Commodities: Gold often serves as collateral or an investment asset. Using OWNABLES, each gold bar's ownership can be transferred digitally and instantaneously on the blockchain, enhancing market liquidity. This system reduces the need for physical movement of gold, lowering transaction costs and time. Additionally, it provides investors with a reliable method to verify their holdings and audit their asset history at any moment.

LTO Network is at the forefront of utilizing blockchain technology to secure and manage RWAs through innovative solutions such as blockchain anchoring and OWNABLES. By creating a tamper-proof, immutable record for each asset, LTO Network enhances transparency, builds trust, and streamlines operations across various sectors, including real estate, manufacturing, and logistics. The integration of OWNABLES not only secures detailed asset information but also facilitates efficient asset management and verification, making it invaluable for asset-intensive industries. This approach not only mitigates risks such as fraud and counterfeiting but also improves operational efficiency, positioning LTO Network as a pivotal player in the future of asset management and security.

About LTO Network:

LTO Network is a Layer 1 blockchain built for real-world assets (RWAs).

We bridge the gap between the real world and digital ownership and allow for the large-scale onboarding of RWAs on-chain using our robust suite of in-house technologies that tie in real-world elements.

Our technologies have been used worldwide by businesses, governments, institutions like the UN, the Dutch government, and more.

With a team made of industry leaders with backgrounds from leading financial and legal companies in key industries related to RWAs, we have developed an ecosystem for the mass-scale adoption of RWAs.

ltonetwork.com

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