04-08-2021, 02:23 AM
I’m Rick Schmitz, CEO of LTO Network, ex-PWC/Deloitte employee, multiple startup e
<!-- SC_OFF --><div class="md"><p>Hi Cryptocurrency,</p> <p>Thanks for having me, I'm totally pumped to have another Reddit AMA! Should things really get out of hand, I’ve brought reinforcements from the team: <a href="https://np.reddit.com/u/ArnoldDaniels/">u/ArnoldDaniels</a> (LTO Network Lead Architect), <a href="https://np.reddit.com/u/ChristianZh7/">u/ChristianZh7</a> (Community Manager) and <a href="https://np.reddit.com/u/ceesvandam/">u/ceesvandam</a> & <a href="https://np.reddit.com/user/Plenty_Candidate8403/">u/Plenty_Candidate8403</a> (LTO Advisors) might pop in to help answer questions where needed.</p> <p>Feel free to throw your questions in the comments already, I’ll be online at 20.00 o’clock CET (18.00 UTC) to start digging through them. I can’t wait to tell you all the latest news and progress. Our ecosystem is growing; partners, projects and tech, there’s so much going on it’s hard for me not to get excited about it. Things like the <a href="https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the">United Nations GoLand Registry</a> have barely even started, and already multiple countries are showing interest in using it as we work around the clock to release a white label version of the tech. Next to that, the LTO team is focused on getting the Decentralized Identities (DIDs) structure up and running so that cross-chain partners like <a href="https://blog.horizen.io/horizen-partners-with-lto-network-to-make-business-transactions-safer-and-more-efficient/">Horizen</a>, <a href="https://drep-foundation.medium.com/drep-partners-with-lto-to-enable-defi-ecosystems-between-eu-and-asia-through-decentralized-c5970e00dcb5">Drep Foundation</a> and <a href="https://www.altcoinbuzz.io/cryptocurrency-news/partnerships/effect-network-lto-boosting-trust-using-decentralized-identities/">Effect Network</a> can start building upon to it. Speaking of which, one of our other partners, <a href="https://sphereon.com/">Sphereon</a>, recently announced their next LTO Network DID product in the making: the <a href="https://sphereon.com/news-and-insights/sphereon-and-lto-create-mycompanywallet-app/">MyCompanyWallet</a> App.</p> <p>We fully expect more and more exciting projects will notice our plans with the DIDs structure and how LTO Network will function as an oracle for DeFi through <a href="https://blog.ltonetwork.com/chainlink-oracles-b2b-accreditation-ethereum/">Chainlink</a>. Naturally, we're ready to give all of them the information they need to make it work.</p> <p>So far the introduction! Feel free to submit your questions below and let’s make it a great AMA together. After it’s all done, we’ve got a nice little adoption announcement for you all—hot of the press!</p> <p>EDIT 1: And we're off! AMA Proof: <a href="https://twitter.com/realrickschmitz/status/1379859035323781125">https://twitter.com/realrickschmitz/status/1379859035323781125</a></p> <p>EDIT 2: Past the half-way point already, keep those questions coming!</p> <p>Final EDIT: Guys (and gals), thank you for a great AMA! It’s time for us to call it a night. The only thing that remains is our announcement. So here is the scoop:</p> <p>- <a href="https://twitter.com/realrickschmitz/status/1379832909155209219">LTO Network is working with Swishfund</a> to bring DeFi into the real world. <a href="https://www.swishfund.co.uk/">Swishfund</a> provides superfast loans (up to half a million pound) for business growth where you receive funds within 24hrs of approval. They are looking to utilize the crypto DeFi structure and incorporate it into their business model. This is a great step for crypto and to do so, Swishfund will rely on LTO Network’s <a href="https://ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf">Decentralized Identities</a> structure, so they can facilitate the move of DeFi from crypto into the hands of entrepreneurs around the world!</p> <p>We’re very excited about this project, where LTO Network will be actively working as an oracle for the DeFi space. More detailed information about this is coming later in the year.</p> <p>That’s it! Great questions, great vibe! Feel free to drop in on our Reddit, Telegram or other social platforms to keep track of what we’re doing (more adoption news on the way) and we hope to see you around. G'night! - Rick</p> <p><strong>What is LTO in short?</strong></p> <p><em>LTO Network is a leading European Blockchain that focuses on B2B enterprise solutions. With its hybrid (2-layer) approach being natively GDPR compliant, it lowers the obstacles for businesses to get started with blockchain backed SaaS solutions. Working together with</em> <a href="https://www.accesswire.com/542609/SignRequest-Introduces-Blockchain-Backed-Electronic-Signatures-with-LTO-Network">integrators</a><em>, governments and organizations like the</em> <a href="https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the">United Nations</a><em>, LTO Network is a paving the way to support blockchain efforts across the globe; leading a whole new wave of adoption coming to the cryptoverse.</em></p> <p><strong>Our channels:</strong></p> <p><a href="https://np.reddit.com/r/LTONetwork/">r/LTONetwork</a></p> <p><a href="https://www.ltonetwork.com/"><em>Website</em></a></p> <p><a href="https://twitter.com/TheLTONetwork"><em>Twitter</em></a> <em>and</em> <a href="https://twitter.com/realrickschmitz"><em>the CEO</em></a></p> <p><a href="https://t.me/LTOnetwork"><em>Telegram</em></a></p> <p><a href="https://www.facebook.com/TheLTONetwork"><em>Facebook</em></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/RickSchmitz83"> /u/RickSchmitz83 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mm5f9t/im_rick_schmitz_ceo_of_lto_network_expwcdeloitte/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mm5f9t/im_rick_schmitz_ceo_of_lto_network_expwcdeloitte/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hi Cryptocurrency,</p> <p>Thanks for having me, I'm totally pumped to have another Reddit AMA! Should things really get out of hand, I’ve brought reinforcements from the team: <a href="https://np.reddit.com/u/ArnoldDaniels/">u/ArnoldDaniels</a> (LTO Network Lead Architect), <a href="https://np.reddit.com/u/ChristianZh7/">u/ChristianZh7</a> (Community Manager) and <a href="https://np.reddit.com/u/ceesvandam/">u/ceesvandam</a> & <a href="https://np.reddit.com/user/Plenty_Candidate8403/">u/Plenty_Candidate8403</a> (LTO Advisors) might pop in to help answer questions where needed.</p> <p>Feel free to throw your questions in the comments already, I’ll be online at 20.00 o’clock CET (18.00 UTC) to start digging through them. I can’t wait to tell you all the latest news and progress. Our ecosystem is growing; partners, projects and tech, there’s so much going on it’s hard for me not to get excited about it. Things like the <a href="https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the">United Nations GoLand Registry</a> have barely even started, and already multiple countries are showing interest in using it as we work around the clock to release a white label version of the tech. Next to that, the LTO team is focused on getting the Decentralized Identities (DIDs) structure up and running so that cross-chain partners like <a href="https://blog.horizen.io/horizen-partners-with-lto-network-to-make-business-transactions-safer-and-more-efficient/">Horizen</a>, <a href="https://drep-foundation.medium.com/drep-partners-with-lto-to-enable-defi-ecosystems-between-eu-and-asia-through-decentralized-c5970e00dcb5">Drep Foundation</a> and <a href="https://www.altcoinbuzz.io/cryptocurrency-news/partnerships/effect-network-lto-boosting-trust-using-decentralized-identities/">Effect Network</a> can start building upon to it. Speaking of which, one of our other partners, <a href="https://sphereon.com/">Sphereon</a>, recently announced their next LTO Network DID product in the making: the <a href="https://sphereon.com/news-and-insights/sphereon-and-lto-create-mycompanywallet-app/">MyCompanyWallet</a> App.</p> <p>We fully expect more and more exciting projects will notice our plans with the DIDs structure and how LTO Network will function as an oracle for DeFi through <a href="https://blog.ltonetwork.com/chainlink-oracles-b2b-accreditation-ethereum/">Chainlink</a>. Naturally, we're ready to give all of them the information they need to make it work.</p> <p>So far the introduction! Feel free to submit your questions below and let’s make it a great AMA together. After it’s all done, we’ve got a nice little adoption announcement for you all—hot of the press!</p> <p>EDIT 1: And we're off! AMA Proof: <a href="https://twitter.com/realrickschmitz/status/1379859035323781125">https://twitter.com/realrickschmitz/status/1379859035323781125</a></p> <p>EDIT 2: Past the half-way point already, keep those questions coming!</p> <p>Final EDIT: Guys (and gals), thank you for a great AMA! It’s time for us to call it a night. The only thing that remains is our announcement. So here is the scoop:</p> <p>- <a href="https://twitter.com/realrickschmitz/status/1379832909155209219">LTO Network is working with Swishfund</a> to bring DeFi into the real world. <a href="https://www.swishfund.co.uk/">Swishfund</a> provides superfast loans (up to half a million pound) for business growth where you receive funds within 24hrs of approval. They are looking to utilize the crypto DeFi structure and incorporate it into their business model. This is a great step for crypto and to do so, Swishfund will rely on LTO Network’s <a href="https://ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf">Decentralized Identities</a> structure, so they can facilitate the move of DeFi from crypto into the hands of entrepreneurs around the world!</p> <p>We’re very excited about this project, where LTO Network will be actively working as an oracle for the DeFi space. More detailed information about this is coming later in the year.</p> <p>That’s it! Great questions, great vibe! Feel free to drop in on our Reddit, Telegram or other social platforms to keep track of what we’re doing (more adoption news on the way) and we hope to see you around. G'night! - Rick</p> <p><strong>What is LTO in short?</strong></p> <p><em>LTO Network is a leading European Blockchain that focuses on B2B enterprise solutions. With its hybrid (2-layer) approach being natively GDPR compliant, it lowers the obstacles for businesses to get started with blockchain backed SaaS solutions. Working together with</em> <a href="https://www.accesswire.com/542609/SignRequest-Introduces-Blockchain-Backed-Electronic-Signatures-with-LTO-Network">integrators</a><em>, governments and organizations like the</em> <a href="https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the">United Nations</a><em>, LTO Network is a paving the way to support blockchain efforts across the globe; leading a whole new wave of adoption coming to the cryptoverse.</em></p> <p><strong>Our channels:</strong></p> <p><a href="https://np.reddit.com/r/LTONetwork/">r/LTONetwork</a></p> <p><a href="https://www.ltonetwork.com/"><em>Website</em></a></p> <p><a href="https://twitter.com/TheLTONetwork"><em>Twitter</em></a> <em>and</em> <a href="https://twitter.com/realrickschmitz"><em>the CEO</em></a></p> <p><a href="https://t.me/LTOnetwork"><em>Telegram</em></a></p> <p><a href="https://www.facebook.com/TheLTONetwork"><em>Facebook</em></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/RickSchmitz83"> /u/RickSchmitz83 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mm5f9t/im_rick_schmitz_ceo_of_lto_network_expwcdeloitte/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mm5f9t/im_rick_schmitz_ceo_of_lto_network_expwcdeloitte/">[comments]</a></span>Kind Regards R