In this article, we will introduce you to the new generation blockchain technology, which is aimed at improving the main principles of the blockchain and at popularizing the technology among all areas of business. You will learn on what principles the Libonomy blockchain works, and, most importantly, in which areas of the industry it can be applied to get more benefits.
To understand in which areas you can apply the technology from Libonomy, you need to understand the principles of the Libonomy network. The fundamental difference between Libonomy and other blockchains that allow you to build DAPPs and create smart…
Cryptocurrency and blockchain have been some of the most trending topics in 2020 and early 2021. As the most well known cryptocurrency Bitcoin is peeking, people are getting attracted to digital assets more than ever.
As many of you already know, Bitcoin’s journey started at a couple of cents and now it’s worth more than 45000 USD, that’s amazing, but you might have a feeling that you missed your opportunity. And you may be right, but luckily there are other options where you can invest early and take in huge profits over this year.
But not everyone understands what they…
Aphelion is AI-governed blockchain consensus algorithm which, the same as any other consensus algorithms, is used to consistently reach an agreement about the state of the blockchain between different participants on a blockchain network. However, Aphelion, opposite to other consensus algorithms, is not a trade-off system — it represents a solution for issues with speed, cost, security, decentralization, efficiency, scalability and the lack of interoperability without introducing any drawbacks.
Aphelion is a consensus engine used in Libonomy blockchain, but it presents characteristics to be used in developing all blockchains in future.
• Autonomous — Artificial intelligence engine makes decisions to…
Blockchain thanks to its decentralized nature alongside its immutability and transparency serves a significant role in distributing duties and tasks across vast networks. It is a technology that is growing rapidly, every day maintaining countless distributed databases. Enabling file sharing and transferring through blockchain can open many doors towards unlimited growth potential for the technology — it can completely revolutionize the way file sharing is seen.
Instead of uploading on a third-party platform and downloading through it, files can be shared from node to node on a decentralized network without any risks or security vulnerabilities. Third party platforms are always…
Libonomy’s project is to reinvent the way digital platforms are used today!
-Fredrik Johansson
As the world is rapidly moving towards further digitalization, we at Libonomy want to make sure that technology can sustain all the needs of society and the transition is as seamless as possible.
Libonomy is a next-generation interoperable, autonomous blockchain powered by an Artificial Intelligence-based consensus engine. The AI engine allows a secure, decentralized, automated, and scalable platform that has been able to overcome all the weaknesses of earlier blockchain technologies.
Libonomy enables blockchain community to build smart contracts without any prior knowledge of blockchain technology.
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There are multiple reasons that set Libonomy apart from any other similar technology — Janis Aperjots, operations manager at Libonomy
The best if we categorize them:
· Scalability
· Security
· Usability
We are introducing a completely new multi-layer consensus engine; by utilizing AI within the core we are able to not only optimize the consensus process, but also highly improve security.
Scalability is affected by multiple factors, we want to point out few that are highly important in our opinion – how fast is the network, how well the technology works with other similar ones and how good is…
Artificial Neural Networks and Artificial Intelligence has been a hot topic lately, hence we wanted to look at the key benefits of AI use in the blockchain technology.
Libonomy blockchain utilized Artificial Intelligence at it’s core, but what exactly is the benefit of that:
Current blockchain systems aren’t able to take autonomous decisions; that means that all of them need to be pre-programmed; every decision, every action need to be pre-set.
We are enabling blockchain to make autonomous decisions in terms of distributing resources, upgrading and ensuring security…
Blockchain is inevitably one of the rising technologies of 21st century. As we are steadily moving towards mass adoption of the technology here are few benefits why you should know more about blockchain technology.
Blockchain is a distributed, digital information ledger, meaning there isn’t one authority adding, editing, deleting or in any other form controlling information on it.
As information on the blockchain is shared with all participants of the network, it is very hard (in some cases next to impossible) to corrupt this information. …
Libonomy is one of the most ambitious projects of blockchain technology.
Fredrik Johansson
It is a next generation autonomous blockchain that has introduced a new paradigm of security and fair representation of crypto-economic incentive. It is designed uniquely to provide great scalability, high TPS and security at its core. It is different from any other blockchain as it supports custom smart contracts, creation of decentralized applications and other architecture mechanisms that can interact with each other. Blockchains have been working in silos and the gap in between them has further become a hindrance in communicating and merging great ideas together…
The industry’s fastest blockchain to provide developers and businesses with an efficient and interoperable environment to create and run decentralized solutions