No April Fools: LTO Partners with Effect Network, April 2021

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LTO Network has just announced that Amsterdam-based Effect Network is set to integrate LTO’s decentralized identities solution to their Effect Force ecosystem.

What is Effect Force?

It's a decentralized micro-tasking platform - in other words, Effect Force is set up so that anyone in the world can receive fair payment for their work across a wide range of tasks - "a global, on-demand, 24x7 scalable WorkForce".   Additionally, EF provides both blockchain- and AI-focused developers and businesses access to a large workforce of human intelligence that, through human validation, can help train algorithms to become better.   Currently there are over 10,000 people earning through their platform; when a worker completes a task, they are paid with Effect Network’s tokens. 

Effect Network’s main objective is to build a platform that will stimulate automation within digital processes and create opportunities for fair paid work on a global scale.  

This integration will allow both users and workers on the Effect Force platform to verify themselves through the DID (decentralized identifiers) solution. All identities will be verified through LTO and become interoperable with various public chains and businesses.

 (As Effect Network also carried the distinction of being EOS’s most used decentralized app, it's probably also worth mentioning that Effect just recently decided to migrate over to the BINANCE Smart Chain.) 

Read the full details on the LTO Blog:

https://blog.ltonetwork.com/lto-partners-with-effect-network-to-enhance-trust-between-users-and-workers-ecosystem-through-decentralized-identities/

 

 

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