LTO Network - January 2024 Recap

Educational • Published on: Feb 08, 2024 • Last updated: Feb 08, 2024

TABLE OF CONTENTS

1. Introduction

2. January 2024 Operations

3. 2024 RWA Roadmap

4. Events

5. Technical Milestones

6. LTO Network - Team Update

7. Closing Words

1. Introduction

We had a strong finish to 2023 as we announced our RWA roadmap. As you can see things are accelerating quite significantly.

As we blaze through our objectives, let's take a look at our recent accomplishments so far in 2024.

2. January 2024 Operations

In January 2024, our clients conducted 966,245 operations on the LTO Network blockchain. Each operation encapsulates valuable data and records that find their secure haven within our blockchain ecosystem.

3. 2024 RWA Roadmap

LTO Network to host RWAs on its Blockchain

In the second quarter of 2024, LTO Network will launch the world’s most advanced Real World Assets (RWAs) ecosystem.

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

4. Events

LTO Network and Unizen Community Hub

We conducted an Ask Me Anything (AMA) session in the Unizen community, where we extensively discussed the intricacies of our partnerships and elaborated on our approach to Real World Assets.

Here’s a recap of the insightful discussions!

https://blog.ltonetwork.com/lto-network-unizen-community-hub-recap/

𝕏 (Twitter) Space with RWA Finance

We were invited to speak on an RWA-focused 𝕏 (Twitter) space.

Here’s a replay link of the space

https://twitter.com/i/spaces/1BRJjPoQQDLKw

5. Technical Milestones

LTO Network Mainnet turns five!

5 years ago, we launched the LTO Network Mainnet.

Since then, the network has processed 80 million+ transactions to secure data & sensitive information for businesses across the globe.

A huge thanks to our nodes who keep the network decentralized.

Development Update and Progress

LTO RWAs Stage 1 - In progress.

Ownables Wallet Integration - In progress.

Proofi Biometric Integration - In progress.

Ownables Bridge - In progress.

Land Registry Deployment - In progress.

6. LTO Network - Team Update

The Ownables Ecosystem is almost complete!
Our Universal Wallet is currently being tested by private community testers. We will expand the testing circle in the coming weeks.
The Ownables Bridge is about to enter the final testing stage. This will allow Ownables to connect to other networks & marketplaces.
Our relay server for sending & receiving OWNABLES to/from wallets will deploy this week.
The Unizen team and LTO team have planned additional steps together.
Our land registration software is being tested in the field.

7. Closing words

We are setting the stage for a transformative year. 2024 is poised to be the year of unparalleled growth and widespread adoption of all of our technologies. Exciting times lie ahead, and we are committed to navigating the journey to success in this dynamic landscape.

About LTO Network

LTO Network is a Layer 1 blockchain with a Public and Private layer to bridge the gap between real-world and digital ownership, decentralized identities, and privacy.