We started in 2012 as the online notary service FIRM24.com. With time, we obtained approximately 10% of the Dutch incorporation market. The company still exists and is expanding.
Then, in 2015, we saw a lot of potential in building software, and created LegalThings. We provided centralized solutions to Heineken, Euronext, Dutch Ministry for Infrastructure, Dekra, and others. Those were workflow systems for automation of internal processes and other white-labelled solutions in the Digital Transaction Management market (DTM).
We leverage on the clientele and experience acquired from these companies. Besides, they are integrators of LTO Network anchoring services, and in the future will also utilize Live Contracts.
We were experimenting with PoCs on Bitcoin and Ethereum back in 2014-2015. After winning the 2017 Blockathon, we gave a stronger push to LTO Network (rebranded from LegalThings One in 2018) and pivoted to blockchain. We tried to work on Bitcoin, Ethereum, and Waves, but eventually developed our own ecosystem. Check Token Paper for the design process.
We have achieved a lot of milestones since the beginning, check the pre-2019 timeline: