LTO Network allows two or more businesses to share and agree upon sequences of events. Event sharing is done peer-to-peer, without relying on an authoritative party.
The limited number of parties involved present a challenge when dealing with conflicts. A majority, if it can be formed at all, can't provide an unbiased decision.
Rather than re-introducing authorization on the network, parties reach consensus by leveraging on our public proof-of-stake blockchain. Anchoring of the hash of private events happens on the public chain.
Blocks of the public chain have a specific height, and transactions within a block are also ordered. This order provides a globally recognized sequence of events, which is used to reach consensus on the private chain.
A hybrid blockchain means private data, public consensus.