Too Long; Didn't Read
Legacy systems are becoming more inefficient when compared side by side with newer innovations. With the threat of hacks and cybertheft constantly looming, blockchain technology presents a possible solution to inefficient legacy systems. LTO Network is a hybrid blockchain that enables an equal footing for B2B collaboration with its decentralized workflows called Live Contracts, designed to be the trust layer for businesses in a GDPR-compliant way. In March 2019, it was found that Google and Facebook were scammed out of $172 million just with invoice fraud.