LTO Network is a blockchain platform for creating decentralized workflow applications, while maintaining data privacy and GDPR compliance. Developers and enterprises can use the LTO toolkit to either create new, or integrate existing solutions — and run them in a transparent, secure and decentralized way.
It is a blockchain-based ecosystem that connects all services, like the car dealer shops, mechanic shops and car rental companies, that touch your car to collect its lifetime data. Participants from automobile-related companies, services or trade industry will be connected and they will insert core data related to driving, traffic accidents, repairs and other car-related transactions into the blockchain. Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.