justinlykal

I was literally struggling when blockchain or rather btc was dropped as a surprise to techies around the world. It was suspected to be a scam by most of the people on the other hand some of them tried execution, mining hell lot of stuff with it and they are sitting on the top. So the lesion from the story is not to call every coin a scam and believe your instincts rather blindly following social media views Whosoever bought the coins so far must have observed the transaction speed and reliability using their platforms.

Blockchain enables decentralized and secure data sharing. The blockchain network consists of computers, also called nodes, which are interlinked with one another, forming a blockchain. Any transactions in the network occur by using unique codes connected to each transaction; thus making all conducted transactions transparent and traceable back to their origin. Blockchain stores information in blocks (records) inside blocks of linked data through cryptography. Here are some reasons why industries should strive for the use of Blockchain. 1) Eliminating corruption. Because of the transparency and incorruptibility that Blockchain brings, it can be used to track any dubious transactions done by both the public and private sectors. In a nutshell, it eliminates corruption in many ways: having all activities visible, making unilateral changes impossible, record-keeping more consistent. 2) Lowering costs for transactions. The transaction processing time would be much faster with less involvement from third parties. This means lower fees when using economical products like Bitcoin or Ethereum which are stored on blockchain technology. With blockchain infrastructure, information about ownership can also be secured easily as part of its decentralized framework. 3) Making digital records trustworthy and indisputable. According to Yuval Harari, author of the book Homo Deus: A Brief History of Tomorrow, "Blockchain [technology] authenticates itself. It generates trust in itself and in that way really is a new form of collective intelligence for our age."

Man, there are hundreds of cool blockchain projects out there but if I had to choose the literal best one, I’d have to go with NFT as far as I’m concerned. The application of blockchain technology to create NFTs is amazing and considering the fact that its still new and in its infancy, I can’t wait to see what comes from it next. That said, a VERY close second to me, personally, would have to be WiV. Might be because I’m a self-proclaimed wine connoisseur, but I think WiV is onto something.

Digital currency is a new and exciting technology, but it's also very confusing. Libonomy was created to make digital currencies easier to understand and use. Libonomy believes in the power of blockchain technology, but also knows that most people don't have time for all the details- they just want an easy way to buy, sell or trade their coins without having to worry about technical stuff like wallets or exchanges. Libonomy platform enables this from your mobile phone with no fees! It's so simple anyone can use it. With Libonomy app you can manage your money on the go, send funds around the world instantly and securely, exchange tokens directly from one person to another, participate ina crowdfundingdirectly from the app. That means more control over your finances - everything is done through smart contracts which are immutable.

https://ocsc.liboexplorer.com/ MetaMask info Libonomy-evm RCP: https://node.omega.evm.libonomy.ai Chain ID: 103 Currency Symbol: LBY The system is 100% free, only need to hold 200 LBY in your wallet on Metamask. Now think about this people add - https://play.google.com/store/apps/details?id=com.libonomywallet Cross-chain wallet. No verification, no phone numbers, no emails, no names, no KYC - it's a direct connection with blockchain and complete anonymity

Blockchain helps in the verification and traceability of multistep transactions needing verification and traceability. It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. Blockchain technology can help contract management and audit the origin of a product.

Blockchain helps in the verification and traceability of multistep transactions needing verification and traceability. It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. Blockchain technology can help contract management and audit the origin of a product.

Within the craze of cryptocurrencies, #NFTs and other digital assets, Vip 2 Fan is looking to become the number one platform in the world for celebrity interaction with their fans. And it’s built on the Libonomy blockchain. Read the full article here: https://libonomy.medium.com/social-platform-for-celebrities-and-fans-to-connect-vip-2-fan-666fe2e9098f

Blockchain can be defined as a chain of blocks that contains information. ... The blockchain is used for the secure transfer of items like money, property, contracts, etc. without requiring a third-party intermediary like bank or government. Once a data is recorded inside a blockchain, it is very difficult to change it.

By spreading its operations across a network of computers, blockchain allows Bitcoin and other cryptocurrencies to operate without the need for a central authority. This not only reduces risk but also eliminates many of the processing and transaction fees.

Now, all think about this, a wallet that can hold all the cryptos. Now add blockchain to blockchain transactions, no exchanges are required. Add mining and Staking, with a fee of just 0.001 LBY 16000 TPS and AI 4 node layer security system, you can say this is the NexGen. LibonomyOS is live on their website, I hear they add BTC, ETH, and DASH in the next few weeks. I have been testing the solutions they offer and I have to say these are going to be very big soon. https://libonomy.com/desktop-software

Libonomy may be a good concept but market is very competitive this time . Any mistake can ruin the whole concept in seconds rather days or months Libonomy is on radar of many blockchain specialist and closely monitoring it from the beginning since the claim of perfection towards speed and usability concepts has less competition today.

"Digital currency is a new and exciting technology, but it's also very confusing. Libonomy was created to make digital currencies easier to understand and use. Libonomy believes in the power of blockchain technology, but also knows that most people don't have time for all the details- they just want an easy way to buy, sell or trade their coins without having to worry about technical stuff like wallets or exchanges. Libonomy platform enables this from your mobile phone with no fees! It's so simple anyone can use it. With Libonomy app you can manage your money on the go, send funds around the world instantly and securely, exchange tokens directly from one person to another, participate ina crowdfundingdirectly from the app. That means more control over your finances - everything is done through smart contracts which are immutable."

"The blockchain is a revolutionary technology that offers an alternative to the current financial system. However, most people don’t know how it works or what it can do for them. Libonomy blockchain helps solve thisproblem by allowing users to store values on the blockchain by enabling tokenization. You can become a partial owner of a building in Dubai or a small car manufacturer in Italy. Digital currency is free of governmental control – now we hold the future in our own hands. All you do is to purchase a digital representation of your asset. Libonomy offerstheir services for companies who want to tokenize their assets and make them available through desktop and mobile apps. Libonomy team has been working together since 2018, it has years of experience from various industries such as finance, real estate development, telecommunications, retailing and transportation industry and others. To learn more about Libonomy visit www.libonomy.com "

Blockchain technology is here to stay, but as it stands now, there are too many problems with the current systems.The industry needs a new blockchain that solves these problems and Libonomy blockchain is just what we need.Libonomy is a nextgeneration blockchain network that isfaster, more scalable and more secure than any of its predecessors. Libonomy team has already proven themselves by creating award winning products in the past so you know they have what it takes to deliver on their promises this time around