About LTO Network

Our company

The reason to start our own dedicated blockchain solution was winning the hackathon challenge from the Dutch Ministry of Justice back in 2017. It turned out that our workflow engine which was based on a deterministic finite state machine technique was a perfect match for a private blockchain.

We modified the workflow engine in such a way it was possible to communicate the state change in the respective process to the other participant in the process. These actors didn't need to wait for an email, phone call or fax that a step was executed, they could all calculate it themselves on their own nodes.

This was unlocking a whole new level of efficiency that could change the way organizations and governments work together on repetitive processes. That when we decided to take this to the next level adding also a public chain layer (as bitcoin was too slow and expensive) to secure the data transactions taking place in those private workflows. LTO Network was born.

Our mission

Our mission was, and still is, to create and maintain a fully decentralized and highly efficient blockchain infrastructure, directly applicable and aimed at creating value for organizations.

LTO Network can be used by any company with a need for a production ready blockchain that allows for digital verification of digital assets and enable collaboration through the use of decentralized workflows.

Our philosophy

Community Love

We believe that open-source is the new way to a successful business. With our community behind us we are light years faster than any other.

Get things done

We are determined to reach our goals and work towards them with extreme attention to detail. Working smart is not that hard.

Work hard, play hard

Working should be fun too. Try to beat us at a game of foosball or have a good glass of wine with us on a Friday afternoon.

Meet our team

Rick Schmitz CEO
Martijn Migchelsen CFO
Arnold Daniels Lead Architect
Sven Stam CTO
Martijn Broersma COO
Ivan Golovko CMO
Moesjarraf Jahangier SR Backend Dev
Yevhen Horbachov Lead Frontend Dev
Sarfaraaz Jahangier SR Full-stack Dev
Mitchel Kerckhaert Developer
Jurre Wolsink Developer
Benjamin Roeloffs Valk Designer
Rick Ros Head of Sales
Michael Nieveld Legal & Tax
Maurits Wismeijer Legal
Lisa Kate Palmer Agent
Mies Rijperman Agent
Isa Branco Agent

Our latest blog articles

Working at LTO Network

At the moment there are no open job opportunities. But feel free to reach out with awesome stuff!

Contact us