LTI is acroynm for (learning tool interactive) – yes, very vague, which means lots of options or LTI services that you can utilize.

On a conceptual level, moodle can act as either;

A LTI provider – where your moodle instance is serving up LTI services
A LTI consumer – where your moodle instance is consuming from another server, its content.

Source: james-moodle.blogspot.ca

See on Scoop.it – Moodlicious