## What Is Libonomy

Libonomy blockchain is a fast, interoperable, scalable, efficient, secure and versatile open-source blockchain platform that offers developers and business owners an environment to create and run decentralized solutions.

Libonomy presents a redesigned multi layer blockchain architecture, which, in combination with an artificial intelligence governed consensus mechanism called Aphelion, provides a solution to all major blockchain problems.

Due to increased speed, invention of interoperability between public and private blockchains and all-around improved blockchain characteristics, Libonomy can be implemented in use cases that were not possible before in finance, health care, government, education, supply chain and other sectors.

Libocoin (LBY) is the main asset on Libonomy blockchain, it is used within all Libonomy’s activities. LBY is an interoperable coin, transactions have low fees and are completed nearly instantly.



### Who Are the Founders of Libonomy?

Libonomy project was started in early 2018 by three swedish entrepreneurs - Richard Haverinen, Fredrik Johansson and Therese Johansson.

Richard Haverinen, CEO of Libonomy, has more than 20 years of experience as an entrepreneur, managing small and large multi-country companies.

Libonomy LTD company was registered in 2020. It is a UK based multi-country blockchain software development company with offices in the United Kingdom, Spain, Latvia and Pakistan.



## What Makes Libonomy Unique?
Speed: Libonomy offers speed starting at 6000 TPS

Interoperability: Libonomy can provide a bridge between all different public and private blockchains, it is already interoperable with Bitcoin and Ethereum blockchains.

Scalability: Aphelion (Libonomy’s AI consensus engine) is smart in distributing resources on a network wide wide variety of nodes.

Reward system: Smart resource management on Libonomy blockchain allows more honest reward distribution, which is based on node contribution in the network.

Universal solution: Libonomy is well suited for any private and public blockchain project.

Security: artificial intelligence consensus Aphelion eliminates known security concerns like double spending, 51% attack, ddos and others.

Dynamic updates: Updates on the Libonomy blockchain happen seamlessly, without causing forks.

Fees: Due to the high transaction speed, Libonomy can process transactions with very low fees.



#### How Many Libocoins (LBY) Are There?

Total supply of LBY is 70 million.

Approximately 21% (15 million LBY) of total supply has been allocated for the Libonomy team, with the remaining 79% allocated for investors and contributors.



### Where Can I Get Libocoin (LBY)?

LBY is available for trading on a growing number of exchanges:
Bitz: https://www.bitz.ai/exchange/lby_usdt
BigOne: https://big.one/en/trade/LBY-USDT
Other: https://libonomy.com/lby



#### Related Pages:
Libonomy website: https://libonomy.com/
Libonomy white paper: https://libonomy.com/whitepaper
Libonomy Discord: https://libonomy.com/discord

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