The blockchain is a publicly shared digital ledger in which each transaction is unchangeable, time-stamped and linked to the previous one. The blockchain updates only through the consensus of participants and data that enters the blockchain can never be erased.
At LBXO, we believe Bitcoin is the future of payments. More importantly, we believe it will be pivotal for launching tomorrow’s economy. A blockchain is a peer-to-peer network that does not need an administrator to complete the transactions between different parties. Each transaction or digital record is called a block and it is linked to a specific address. Each block that stores a specific transaction goes into the blockchain as a permanent entry in the publicly available database. Blocks are connected to each other in a linear fashion to make a chain and each block stores the hash of the previous block. The blockchain transactions are immutable and they cannot be deleted. Cryptography is used to add the blocks to the chain to make sure that nobody meddles with the blockchain. Bitcoin’s advantages to traditional fiat currency are numerous: it is permissionless, decentralized, censorship resistant, open source, fast and pseudo anonymous. However, for Bitcoin to reach its true potential, we need to increase trust in the blockchain, integrate trusted Know-Your-Customer (KYC) solutions, develop user friendly wallets and easy onboarding fiat-to-Bitcoin ramps. Based in beautiful Tallinn, Estonia, LBXO is a new fintech startup that works at the heart of these issues. Working in conjunction with both traditional and new school financial institutions and fintechs, our goal is to introduce Bitcoin to the masses, unlocking its potential as an international super currency. LBXO is redefining the cryptocurrency payment sector by applying the flexibility and ease of use of traditional payment solutions to blockchain technology. If you are thinking about accepting cryptocurrencies as payment in your business, you should explore our white-label B2B integrated exchange solution. The solution delivers fast and efficient financial services technology that unlocks access to the cryptocurrency markets. LBXO specializes in secure online identification and blockchain technology. We offer advanced IT solutions to verify user identity and minimize fraud. Our vision is that every individual should easily be able to identify and authenticate to all persons and companies they want. That’s why we’re working on developing an open platform where users can identify and authenticate themselves to anyone in a safe, secure and private way using their existing digital ID. We know how blockchain works and we make it work for you. With extensive expertise in Bitcoin and with implementing blockchain for a variety of industries and use cases, LBXO develops competitive and innovative solutions to serve the needs of your target users. We help enterprises to start off their venture into blockchain, offering full-cycle consulting and development services. Bitcoin is a digital currency that allows for worldwide payments with low or no fees. Because it’s based on peer-to-peer technology, no central authority can control Bitcoin. With Bitcoin and LBXO, the world is your market place. Current Bitcoin Market Cap (MCAP) The total USD value of bitcoin supply in circulation, as calculated by the daily average market price across major exchanges. Unlike traditional currencies and forms of money, Bitcoin requires no permission from banks, financial institutions, governments etc. It is free and globally open to use. The Bitcoin network is distributed globally among thousands of nodes (computers) and millions of users, and you don’t have to rely on trusted third-parties. Bitcoin uses a computational algorithm called proof of work (PoW), which means no one can block or censor your transactions. Anyone can contribute to the development of Bitcoin. Bitcoin is a digital peer-to-peer currency. This means that transactions are near instant and very low-cost, much less than central payment networks such as PayPal, Visa or Mastercard. Using Bitcoin gives you the financial freedom to transact globally, providing economic stability and newfound financial freedom across borders. Since its inception in 2008, Bitcoin’s value has soared at an astonishing rate. The original Bitcoin Whitepaper is released by Satoshi Nakamoto. Satoshi Nakamoto mines the original Bitcoin Genesis Block. Laszlo Hanyecz pays 10.000 BTC for two Papa John’s pizzas, worth about $30 at the time. As the first major company, Microsoft starts accepting Bitcoin as forms of payment. The value of 1 Bitcoin hits (almost) $20.000. Bitcoin reaches new all time high: $19,850.11 (for now…) LBXO launches Frontnode.com Bitcoin Exchange.
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Pioneering tomorrow’s Bitcoin-based economy
The Blockchain Explained
Peer-to-peer
Block-based
Cryptography
The Beauty of Bitcoin
Our goals:
BITCOIN SOLUTIONS
The LBXO Portfolio
White-label B2B solutions
ID Solutions
Bitcoin consultancy
One World Market
$99.176.382.699
INSIGHTS
Why Bitcoin?
Permissionless
Decentralized
Censorship resistant
Open source
Fast and easy to use
Global transactions
Timeline
31st of October 2008
3rd of January 2009
22nd of May 2010
11th December 2014
December 2017
December 2020
Mid 2021
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